GiPStech
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m | <1m | <1m |
% growth | 2274 % | 44 % | (37 %) | 48 % | (8 %) | 21 % | - |
EBITDA | <1m | <1m | (<1m) | <1m | <1m | <1m | - |
% EBITDA margin | 24 % | 31 % | (27 %) | 35 % | 29 % | 35 % | - |
Profit | <1m | <1m | (<1m) | <1m | <1m | <1m | - |
% profit margin | 17 % | 18 % | (49 %) | 21 % | 23 % | 32 % | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
$200k | Seed | ||
€50.0k | Grant | ||
€400k | Seed | ||
N/A | - | ||
Total Funding | €632k |
Recent News about GiPStech
EditGiPStech is a cutting-edge technology company specializing in indoor localization solutions. Founded as a spin-off from the University of Calabria, the company focuses on providing advanced indoor positioning systems that help users navigate complex indoor environments like airports, metro stations, and large commercial spaces. Their technology is designed to work without the need for extensive infrastructure, making it both cost-effective and easy to deploy.
GiPStech primarily serves large enterprises and public sector clients who require precise indoor navigation solutions. This includes airports, shopping malls, hospitals, and metro stations. The company operates in the indoor positioning and navigation market, which is a niche but rapidly growing segment within the broader location-based services industry.
The business model of GiPStech revolves around selling its proprietary indoor localization technology and solutions to clients. They generate revenue through direct sales, licensing agreements, and strategic partnerships. For instance, they have collaborated with major firms like NTT Data to deliver high-precision indoor positioning systems in places like Tokyo Narita Airport and Shinjuku Metro Station.
GiPStech's competitive edge lies in its innovative sensor fusion engine, which integrates various data sources to provide highly accurate indoor positioning. This technology has been recognized by industry leaders, earning the company accolades such as being named a "Cool Vendor" in Location Services and Applications by Gartner.
In summary, GiPStech is a leader in the indoor localization market, offering advanced, infrastructure-free navigation solutions to large enterprises and public sector clients. Their business model focuses on technology sales, licensing, and strategic partnerships, driving revenue through innovative and cost-effective solutions.
Keywords: Indoor Localization, Navigation, Technology, Infrastructure-Free, Enterprises, Public Sector, Sensor Fusion, Partnerships, Revenue, Innovation.