Cushon
Financials
Estimates*
GBP | 2021 | 2022 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 460 % |
EBITDA | - | (7.7m) |
% EBITDA margin | - | (3827 %) |
Profit | <1m | <1m |
% profit margin | 35 % | 55 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | £1.6m | Seed | |
* | N/A | £2.6m | Seed |
N/A | Support Program | ||
N/A | - | ||
* | £7.0m | Series A | |
* | £6.0m | Series A | |
* | £20.0m | Debt | |
* | £35.0m | Late VC | |
N/A | Support Program | ||
* | £144m Valuation: £169m 847.4x EV/LTM Revenues -22.1x EV/LTM EBITDA | Acquisition | |
Total Funding | CAD93.9m |
Recent News about Cushon
EditCushon operates in the financial services sector, focusing on workplace savings and investment solutions. The company serves employers and employees, providing a platform that simplifies the process of saving and investing for retirement. Cushon's offerings include CushonMe, a free service that automatically reviews investments 24/7, and CushonMix, a range of ready-made, optimized investment portfolios. The business model is based on providing high-quality, impartial information to help users make informed investment decisions. Cushon generates revenue through management fees and other service-related charges. The company is regulated by The Pensions Regulator and emphasizes transparency and customer service. Cushon is also notable for offering the world's first Net Zero pension, aligning with sustainable investment principles.
Keywords: workplace savings, investments, Net Zero pension, CushonMe, CushonMix, retirement, financial services, investment portfolios, transparency, customer service.