Kognity
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 2.1m | 3.9m | 4.3m | 6.3m | 9.0m | 10.7m | 12.1m |
% growth | 456 % | 85 % | 11 % | 47 % | 43 % | 20 % | 13 % |
EBITDA | <1m | (<1m) | (2.0m) | (2.9m) | (<1m) | (2.0m) | - |
% EBITDA margin | - | (7 %) | (47 %) | (46 %) | (5 %) | (19 %) | - |
Profit | <1m | (<1m) | (3.0m) | (4.7m) | (2.2m) | (3.7m) | - |
% profit margin | 1 % | (18 %) | (69 %) | (75 %) | (24 %) | (35 %) | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $1.0m | Seed | |
* | NOK15.0m | Early VC | |
* | $4.4m | Early VC | |
$20.0m | Series B | ||
* | $5.0m Valuation: $100m 8.5x EV/LTM Revenues -44.6x EV/LTM EBITDA | Late VC | |
Total Funding | €29.3m |
Related Content
Recent News about Kognity
EditKognity operates in the educational technology sector, providing interactive digital textbooks designed to enhance student learning and provide real-time insights for educators. The company primarily serves high school students and teachers, focusing on curricula such as the International Baccalaureate (IB) and IGCSE. Kognity's business model is subscription-based, where schools and educational institutions pay for access to their digital resources. This model ensures a steady revenue stream while allowing for continuous updates and improvements to the content. The platform offers a wealth of interactive content, including quizzes, videos, and real-time analytics, which help teachers track student progress and tailor their teaching methods accordingly. Kognity aims to democratize access to high-quality education, ensuring that students from diverse backgrounds can achieve their highest potential. The company is committed to fostering a collaborative and inclusive work environment, constantly challenging its team to innovate and improve.
Keywords: EdTech, digital textbooks, interactive learning, real-time analytics, IB, IGCSE, subscription model, student progress, teacher support, inclusive education.