The Floow
Financials
Estimates*
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|
| Revenues | 4.8m | 5.6m | 5.8m | 6.4m | 8.6m | 6.2m |
| % growth | - | 16 % | 4 % | 11 % | 36 % | (29 %) |
| EBITDA | (<1m) | (2.7m) | (3.4m) | (3.6m) | (4.0m) | (2.1m) |
| % EBITDA margin | (4 %) | (48 %) | (59 %) | (56 %) | (46 %) | (34 %) |
| Profit | (<1m) | (2.5m) | (3.5m) | (4.1m) | (5.2m) | (3.0m) |
| % profit margin | (1 %) | (46 %) | (62 %) | (64 %) | (60 %) | (48 %) |
| R&D budget | - | - | 2.0m | 2.0m | - | - |
| R&D % of revenue | - | - | 35 % | 31 % | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Spinout | ||
N/A | Seed | ||
N/A | Grant | ||
N/A | Support Program | ||
$16.6m | Early VC | ||
£120k | Grant | ||
* | $69.0m Valuation: $69.0m 10.2x EV/LTM Revenues -29.9x EV/LTM EBITDA | Acquisition | |
| Total Funding | AUD25.9m | ||
Related Content
Recent News about The Floow
EditThe Floow is a leading telematics company that specializes in providing data-driven solutions to enhance driver safety and improve insurance pricing accuracy. Operating in the telematics and insurance markets, The Floow serves insurance companies, fleet operators, and mobility service providers. The company's core business model revolves around collecting and analyzing driver behavior data using software, sensors, and social science techniques. This data is then used to create products like FloowDrive, FloowFusion, and FloowFleet, which help insurers price policies more accurately and predict driver risk. Additionally, The Floow offers bespoke telematics solutions through FloowCustom, driver coaching programs via FloowCoach, and mobility insights with MobilityIn. The company generates revenue through the sale of these telematics solutions and services, as well as through driver incentive schemes designed to promote safer driving behaviors.
Keywords: telematics, driver safety, insurance pricing, data analytics, FloowDrive, FloowFusion, FloowFleet, FloowCustom, MobilityIn, driver coaching.