Springworks AB
Financials
Estimates*
EUR | 2015 | 2016 | 2017 |
---|---|---|---|
Revenues | <1m | 1.1m | 2.4m |
% growth | - | 2555 % | 117 % |
EBITDA | - | (<1m) | (1.7m) |
% EBITDA margin | - | (51 %) | (69 %) |
Profit | (<1m) | (<1m) | (2.2m) |
% profit margin | (497 %) | (53 %) | (92 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
N/A | Series A | ||
* | N/A | €1.9m | Convertible |
* | €2.9m | Early VC | |
€1.0m | Early VC | ||
Total Funding | €5.8m |
Recent News about Springworks AB
EditSpringworks International operates in the connected car technology market, providing a state-of-the-art platform that enables companies to deliver a variety of services to end users. The company collaborates with major industry players such as Telia Company, autoSense, AMAG, Zurich, and Swisscom. Springworks serves businesses looking to integrate advanced automotive services, focusing on scalable and containerized solutions. The business model revolves around offering a robust technological infrastructure that supports multiple services, ensuring seamless deployment and scalability. Revenue is generated through partnerships and service integrations with automotive and technology companies. The team is composed of passionate technologists who prioritize problem-solving and continuous development of their platform. The company leverages modern technologies like Typescript and Java, and favors document databases, adapting to the best tools for specific use cases. All infrastructure is managed as code, ensuring efficient and reliable operations.
Keywords: connected car, technology platform, scalable infrastructure, automotive services, Telia Company, autoSense, AMAG, Zurich, Swisscom, document databases.