cloud.IQ
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 2.5m | 3.2m | 3.3m | 2.6m | 2.2m | 1.9m | 1.7m |
| % growth | 39 % | 30 % | 1 % | (19 %) | (15 %) | (14 %) | (13 %) |
| EBITDA | (4.8m) | (8.3m) | (8.4m) | (2.4m) | (1.6m) | (1.4m) | - |
| % EBITDA margin | (193 %) | (254 %) | (257 %) | (91 %) | (71 %) | (72 %) | - |
| Profit | (4.3m) | (8.0m) | (8.3m) | (2.7m) | (1.8m) | (1.6m) | - |
| % profit margin | (172 %) | (247 %) | (254 %) | (104 %) | (82 %) | (81 %) | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
£3.9m | Seed | ||
| N/A | €350k Valuation: €23.0m 62.5x EV/LTM Revenues -31.4x EV/LTM EBITDA | Seed | |
£250k | Grant | ||
£1.7m | Seed | ||
* | £4.0m | Series A | |
£4.0m | Early VC | ||
£850k | Grant | ||
| Total Funding | €18.0m | ||
Recent News about cloud.IQ
EditCloud.IQ is a leading eCommerce marketing platform designed to enhance online sales conversion rates for businesses of all sizes. Operating in the digital marketing and eCommerce sectors, Cloud.IQ serves a diverse range of clients, from small online retailers to large enterprises. The platform offers a suite of marketing automation tools that help businesses recover lost sales, engage customers, and boost growth through personalized shopping experiences and powerful analytics.
Cloud.IQ's business model revolves around a subscription-based service, providing clients with access to its comprehensive marketing tools. The company generates revenue through monthly or annual subscription fees, with various pricing tiers based on the features and scale of services required by the client. Additionally, Cloud.IQ offers a 30-day free trial to attract new customers and demonstrate the effectiveness of its solutions.
The platform's core features include cart abandonment solutions, product recommendations, and social proofing, all aimed at increasing average order value and customer retention. Cloud.IQ's powerful analytics dashboard provides businesses with actionable insights to optimize their marketing strategies and drive sales growth. The platform is also known for its seamless integration with popular payment gateways like PayPal, further simplifying the online sales process for its users.
Keywords: eCommerce, marketing automation, sales conversion, cart abandonment, product recommendations, analytics, customer engagement, subscription-based, online retail, PayPal integration.