Movimento Group
Undisputed leaders in vehicle reflashing technology: millions of cars, most major OEMs, physical + FOTA, from R&D through production to aftermarket.
Launch date
Employees
Market cap
-
Enterprise valuation
€36m (Public information from Jan 2017)
Plymouth Michigan (HQ)
Financials
Estimates*
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | 4.2m | 3.8m | 3.2m | 1.7m | <1m | <1m | <1m |
| % growth | - | (10 %) | (17 %) | (47 %) | (43 %) | (26 %) | (13 %) |
| EBITDA | <1m | <1m | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) |
| % EBITDA margin | 11 % | 17 % | (16 %) | (22 %) | (1 %) | (52 %) | (42 %) |
| Profit | <1m | <1m | (3.1m) | (1.1m) | <1m | 13.7m | <1m |
| % profit margin | 11 % | 1 % | (98 %) | (66 %) | 74 % | 1903 % | 1 % |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
$4.0m | Series A | ||
$5.6m | Series B | ||
N/A | Late VC | ||
$40.0m Valuation: $40.0m 9.5x EV/LTM Revenues 54.9x EV/LTM EBITDA | Acquisition | ||
| Total Funding | €8.7m | ||
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