Burt

Accelerating sales productivity and advertiser success for publishers.

Launch date

Mar 2009

Employees

Market cap

Enterprise valuation

Göteborgs Stad Västra Götaland County (HQ)

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Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	4.4m	1.2m	<1m	<1m	<1m	<1m	<1m
% growth	33 %	(73 %)	(71 %)	-	-	-	-
EBITDA	<1m	(<1m)	(<1m)	-	-	-	-
% EBITDA margin	7 %	(15 %)	(114 %)	-	-	-	-
Profit	(1.2m)	(<1m)	(<1m)	-	-	-	-
% profit margin	(28 %)	(54 %)	(128 %)	-	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
May 2009	N/A	$500k	Seed
Jun 2011	Industrifonden	$3.0m	Seed
Oct 2012	GP Bullhound	$5.0m	Series A
Mar 2017	Vinnova	SEK2.0m	Grant
Total Funding		AUD13.5m

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