Chirp
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m | <1m | <1m |
% growth | 13 % | 13 % | 7 % | (13 %) | 59 % | (35 %) | 26 % |
EBITDA | <1m | <1m | <1m | - | - | - | - |
% EBITDA margin | 7 % | 17 % | 1 % | - | - | - | - |
Profit | <1m | <1m | <1m | <1m | <1m | (<1m) | <1m |
% profit margin | - | 7 % | 16 % | 1 % | 29 % | (16 %) | 9 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
£200k Valuation: £2.5m 6.3x EV/LTM Revenues | Seed | ||
£730k | Seed | ||
N/A | Seed | ||
Total Funding | $1.2m |
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EditChirp.io operates in the smart home and connected devices market, focusing on delivering innovative sound experiences. The company serves tech-savvy consumers and businesses looking to integrate advanced audio solutions into their environments. Chirp.io's business model revolves around the development and sale of smart speakers and sound systems, which can be controlled via voice assistants like Amazon Alexa. The company generates revenue through direct digital sales, owned retail stores, and partnerships with wholesale distributors. By continuously launching new products and enhancing their platform, Chirp.io aims to maintain a competitive edge in the rapidly evolving tech landscape.
Keywords: smart speakers, connected home, audio solutions, voice assistants, digital sales, retail stores, wholesale partnerships, product launches, tech-savvy consumers, innovative sound.