Connected Finland
The IoT operator of Finland, enabling millions of smart devices to connect directly to internet, with the most energy and cost efficient connectivity solution.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €2.0m | - | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 2242 % | 430 % | 35 % | (17 %) | 1 % | 59 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (68 %) | 13 % | 5 % | (7 %) | (2 %) | 12 % | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (114 %) | 1 % | (8 %) | (24 %) | (22 %) | (2 %) | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 112 % | 127 % | 94 % | 113 % | - | - | - |
Source: Company filings or news article, Dealroom estimates
Connected Finland operates as a leading IoT (Internet of Things) service provider in Finland and Estonia, specializing in energy-efficient and cost-effective connectivity solutions. The company leverages the Sigfox network to enable millions of smart devices to connect directly to the internet. Connected Finland serves a diverse range of clients, including IoT solution providers, distributors, corporate entities, and startups. The company operates in the rapidly growing IoT market, focusing on sectors such as supply chain logistics, indoor air quality measurement, and smart parking solutions.
Connected Finland's business model revolves around providing connectivity services and IoT solutions that help clients optimize their resources. The company generates revenue through subscription-based models and partnerships with various stakeholders in the IoT ecosystem. Notable clients include city councils and educational institutions, which use Connected Finland's sensors and modules to improve operational efficiency and safety.
The company is part of a global IoT ecosystem, offering solutions that are up to 300 times more energy-efficient than traditional mobile IoT devices. With a presence in 70 countries, Connected Finland is well-positioned to capitalize on the growing demand for IoT solutions.
Keywords: IoT, Sigfox, energy-efficient, cost-effective, smart devices, connectivity, sensors, logistics, smart parking, indoor air quality.