Movenda
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 1.9m | 1.9m | 1.8m | 1.5m | 1.5m | 1.5m | 1.5m |
% growth | 12 % | 1 % | (3 %) | (15 %) | (1 %) | - | - |
EBITDA | <1m | <1m | <1m | (<1m) | <1m | - | - |
% EBITDA margin | 10 % | 15 % | 11 % | (5 %) | 6 % | - | - |
Profit | <1m | <1m | <1m | (<1m) | (<1m) | - | - |
% profit margin | 4 % | 7 % | 4 % | (9 %) | (1 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €500k | Early VC | |
Total Funding | AUD850k |
Recent News about Movenda
EditMovenda is a technology company specializing in adaptive multi-factor authentication (MFA) and eSIM management platforms. The company serves a diverse range of clients, including some of the world's most innovative enterprises, by providing robust and secure solutions for identity verification and SIM/eSIM Over The Air (OTA) operations. Movenda operates in the cybersecurity and telecommunications markets, focusing on enhancing security and operational efficiency for its clients. The business model revolves around offering customizable, standards-based platforms that ensure interoperability and meet the specifications of standardization bodies such as ETSI, GSMA, SIMalliance, and GlobalPlatform. Movenda generates revenue through the sale of its platforms and solutions, which include MFA, SIM/eSIM OTA management, RSP management, and blockchain-based identity and authentication services. The company promotes customer collaboration by engaging in frequent interactions and shared ownership, ensuring transparency and visibility throughout the project lifecycle. Movenda's platforms are modular and can be tailored to meet the specific needs of each client, providing a competitive advantage in a rapidly changing market.
Keywords: multi-factor authentication, eSIM management, identity verification, OTA operations, cybersecurity, telecommunications, blockchain, interoperability, customizable platforms, customer collaboration.