Smowltech
Aims to help organizations by building trust in their online learning environments, providing a continuous eProctoring service using facial recognition, which enables organizations increase their eLearning offer with credibility.
Launch date
Employees
Market cap
-
Enterprise valuation
$7—11m (Dealroom.co estimates May 2022.)
Company register number B75073452
San Sebastián Basque Country (HQ), San Sebastián Basque Country (founding location)
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | 1.0m | 1.7m | 2.9m | 3.1m |
| % growth | 58 % | 84 % | 215 % | 245 % | 63 % | 72 % | 6 % |
| EBITDA | <1m | <1m | <1m | <1m | 1.0m | - | - |
| % EBITDA margin | 24 % | 95 % | 128 % | 66 % | 60 % | - | - |
| Profit | (<1m) | <1m | <1m | <1m | <1m | - | - |
| % profit margin | (89 %) | 2 % | 80 % | 47 % | 42 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | N/A | Spinout | |
€590k | Grant | ||
€590k | Grant | ||
N/A | Seed | ||
N/A | Support Program | ||
$100k | Seed | ||
* | €1.7m | Seed | |
| Total Funding | $3.2m | ||
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