Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues1.0m2.0m3.0m5.5m60.3m120m175m
% growth-100 %50 %85 %988 %99 %46 %
EBITDA(2.0m)(3.0m)(4.0m)(4.6m)21.4m60.0m-
% EBITDA margin(200 %)(150 %)(133 %)(83 %)36 %50 %-
Profit---(7.9m)9.4m5.0m-
% profit margin---(143 %)16 %4 %-
R&D budget<1m<1m<1m----
R&D % of revenue70 %30 %23 %----

Source: Dealroom estimates

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DateInvestorsAmountRound

ISK5.0m

Grant

ISK815m

Early VC

ISK25.0m

Grant

ISK10.0m

Grant

$2.5m

Early VC
N/A

$2.1m

Early VC
N/A

$4.4m

Early VC
N/A

$9.1m

-

$7.8m

Early VC
*

$15.0m

Series B
*

$40.0m

Debt
*

$40.0m

Late VC
Total Funding$88.4m

Recent News about Controlant

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More about Controlantinfo icon
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Controlant operates in the cold chain logistics market, providing real-time supply chain visibility and analytics solutions. The company serves a diverse range of clients, including global pharmaceutical companies, food brands, and logistics providers. Controlant's business model revolves around offering a comprehensive Cold Chain as a Service (CCaaS) platform that integrates wireless Internet of Things (IoT) data loggers, cloud-based software, and 24/7 operational services. The IoT data loggers capture critical data such as time, temperature, and location in real-time, which is then processed by their intelligent cloud software to deliver actionable insights and predictive analytics. This helps clients optimize their supply chain performance, reduce costs, and ensure compliance with safety standards. Controlant generates revenue through subscription fees for its CCaaS platform and additional services like shipment monitoring and IoT device management. The company has been instrumental in the distribution and storage of the Pfizer-BioNTech COVID-19 vaccine, showcasing its capability to handle mission-critical logistics. Controlant's innovative solutions have earned it industry recognition, including the Best Innovation GLOMO Award.

Keywords: Cold Chain, IoT Data Loggers, Real-time Analytics, Supply Chain Visibility, Predictive Analytics, Pharma Logistics, Food Safety, Operational Services, Cloud Software, Vaccine Distribution.

Tech stack

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