Digital Workforce Nordic
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 11.7m | 17.2m | 19.1m | 22.4m | 25.5m | 25.5m |
% growth | - | 46 % | 11 % | 17 % | 14 % | - |
EBITDA | (2.2m) | (<1m) | (<1m) | (<1m) | (1.8m) | - |
% EBITDA margin | (19 %) | (5 %) | (2 %) | (4 %) | (7 %) | - |
Profit | (2.6m) | (1.2m) | (<1m) | (3.5m) | (3.0m) | - |
% profit margin | (22 %) | (7 %) | (5 %) | (16 %) | (12 %) | - |
EV / revenue | - | - | - | 2.4x | 1.1x | - |
EV / EBITDA | - | - | - | -56.7x | -16.0x | - |
R&D budget | <1m | <1m | <1m | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
* | €2.0m | Early VC | |
* | €3.0m | Early VC | |
* | N/A | N/A Valuation: €72.5m 3.8x EV/LTM Revenues -179.0x EV/LTM EBITDA | IPO |
* | €1.4m | Grant | |
Total Funding | $7.0m |
Recent News about Digital Workforce Nordic
EditDigital Workforce is a leading service provider specializing in intelligent automation, robotic process automation (RPA), and artificial intelligence (AI) services on an industrial scale. The company helps businesses automate and maintain their manual processes, freeing up human talent for more strategic and purposeful work. Operating in various industries, Digital Workforce offers solutions tailored to specific industry pain points and needs, providing a competitive advantage through intelligent automation. The company serves a diverse range of clients, from small enterprises to large corporations, across multiple geographic locations including New York, London, Helsinki, Munich, and Stockholm. Digital Workforce employs a pay-as-you-go model, ensuring clients can maximize their return on RPA investments without significant upfront costs. The business generates revenue through service contracts, maintenance agreements, and consulting services.
Keywords: Intelligent Automation, RPA, AI, Industrial Scale, Business Processes, Efficiency, Pay-as-you-go, Industry Solutions, Competitive Advantage, Global Presence.