Nutmeg
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 2.6m | 4.6m | 7.2m | 9.3m | 12.7m | 21.6m | 27.5m |
% growth | 49 % | 79 % | 57 % | 30 % | 37 % | 70 % | 27 % |
EBITDA | (9.3m) | (11.8m) | (17.2m) | (20.0m) | (13.4m) | (17.1m) | (30.2m) |
% EBITDA margin | (362 %) | (259 %) | (241 %) | (215 %) | (106 %) | (79 %) | (110 %) |
Profit | (9.3m) | (12.1m) | (18.4m) | (21.2m) | (15.1m) | (19.3m) | (29.9m) |
% profit margin | (366 %) | (266 %) | (258 %) | (228 %) | (119 %) | (90 %) | (109 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£3.4m | Series A | ||
€28.8m | Series B | ||
* | €33.6m | Series C | |
* | €13.4m | Series D | |
* | £45.0m | Late VC | |
£3.8m Valuation: £251m 35.1x EV/LTM Revenues -14.6x EV/LTM EBITDA | Late VC | ||
N/A | N/A | Early VC | |
£700m Valuation: £700m 55.1x EV/LTM Revenues -52.2x EV/LTM EBITDA | Acquisition | ||
Total Funding | €138m |
Recent News about Nutmeg
EditNutmeg is an online wealth management service that provides a range of investment solutions including ISAs (Individual Savings Accounts), pensions, and general investment accounts. The company caters to individual investors looking for a diversified portfolio managed by a team of experts. Operating in the financial technology sector, Nutmeg leverages technology to offer personalized investment strategies based on the client's risk tolerance and financial goals. The business model is subscription-based, charging management fees as a percentage of the assets under management. Nutmeg makes money by offering tiered pricing plans that vary based on the level of service and the amount invested. The company also provides various financial tools and calculators to help clients plan their investments effectively.
Keywords: wealth management, ISAs, pensions, fintech, diversified portfolios, investment strategies, financial planning, online platform, subscription-based, personalized advice.