Mount Kelvin
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | 2.2m | 1.5m | 1.4m | <1m | <1m |
| % growth | 157 % | 61 % | 281 % | (33 %) | (2 %) | (84 %) | - |
| EBITDA | - | (<1m) | <1m | (<1m) | <1m | (<1m) | - |
| % EBITDA margin | - | (66 %) | 19 % | (25 %) | 3 % | (144 %) | - |
| Profit | (<1m) | (<1m) | <1m | (<1m) | (<1m) | (<1m) | - |
| % profit margin | (84 %) | (71 %) | 8 % | (33 %) | (9 %) | (243 %) | - |
| R&D budget | <1m | <1m | 2.0m | 2.0m | - | - | - |
| R&D % of revenue | 112 % | 105 % | 91 % | 137 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | Seed | |
N/A | Early VC | ||
N/A | Late VC | ||
| Total Funding | - | ||
Recent News about Mount Kelvin
EditMount Kelvin specializes in providing a wireless guest room management system designed to simplify the control of hotel lighting and HVAC systems. The company operates in the hospitality market, targeting hotel owners and operators who seek to enhance guest experiences while optimizing energy efficiency. Mount Kelvin's business model revolves around selling its wireless system, which eliminates the need for complex bus cables and electrical box components, making installation and maintenance easier and more cost-effective. The system includes features such as automatic eco-friendly lighting, occupancy detection, and real-time monitoring through a cloud API, which helps in damage and disturbance prevention. Revenue is generated through the sale of hardware and software solutions, as well as potential subscription fees for cloud services.
Keywords: wireless, guest room management, hotel lighting, HVAC control, real-time monitoring, eco-friendly, occupancy detection, cloud API, hospitality, energy efficiency.