Irisity

Irisity

Meet the smartest, most curious, most exact trouble spotter in the surveillance business. Learn more

Launch date
Employees
Market cap
€15.4m
Enterprise valuation
€16m (Public information from Sep 2024)
Company register number 556705-4571
Göteborgs Stad Västra Götaland County (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
SEK2020202120222023202420252026
Revenues36.8m77.3m87.7m118m162m178m194m
% growth3 %110 %13 %34 %38 %10 %9 %
EBITDA(5.9m)6.4m(32.0m)(16.4m)(10.0m)4.0m11.0m
% EBITDA margin(16 %)8 %(37 %)(14 %)(6 %)2 %6 %
Profit(19.6m)(23.9m)(137m)(133m)(131m)(119m)(114m)
% profit margin(53 %)(31 %)(156 %)(113 %)(81 %)(67 %)(59 %)
EV / revenue21.6x19.8x2.8x2.1x1.1x1.1x1.1x
EV / EBITDA-133.9x238.9x-7.6x-14.9x-17.5x47.3x18.5x

Source: Dealroom estimates

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DateInvestorsAmountRound

$550k

Early VC

$300k

Early VC
N/A

N/A

IPO

$4.0m

Valuation: $14.0m

6.4x EV/LTM Revenues

-18.2x EV/LTM EBITDA

Series B

$3.0m

Series B
N/A

$3.6m

Series B

SEK50.0m

Private Placement VC

$15.0m

Post IPO Equity
*
N/A

N/A

Post IPO Equity
*

SEK45.0m

Post IPO Equity
Total Funding€15.9m

Recent News about Irisity

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More about Irisityinfo icon
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Irisity specializes in developing advanced video analytics software designed to enhance surveillance efficiency while safeguarding personal integrity. Operating in the security and surveillance market, Irisity serves a diverse range of clients including alarm central stations, railway and transportation sectors, construction sites, educational institutions, public spaces, energy and infrastructure companies, industrial facilities, and agricultural lands. The company’s business model revolves around providing intelligent camera surveillance solutions that reduce the need for patrolling security guards, thereby lowering operational costs for clients. Irisity generates revenue through the sale and licensing of its proprietary video analytics software, which is continually improved using a vast knowledge bank accumulated over more than fifteen years of operation. The company prides itself on its passionate and hardworking team, which includes seasoned experts and talented developers working together to deliver innovative security solutions.

Keywords: video analytics, surveillance efficiency, personal integrity, intelligent camera, security solutions, operational cost reduction, proprietary software, diverse sectors, seasoned experts, innovative security.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Irisity

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Agent Vi
ACQUISITION by Irisity Sep 2021
Ultinous
ACQUISITION by Irisity May 2024