Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues2.6m4.6m7.2m9.3m12.7m21.6m27.5m
% growth49 %79 %57 %30 %37 %70 %27 %
EBITDA(9.3m)(11.8m)(17.2m)(20.0m)(13.4m)(17.1m)(30.2m)
% EBITDA margin(362 %)(259 %)(241 %)(215 %)(106 %)(79 %)(110 %)
Profit(9.3m)(12.1m)(18.4m)(21.2m)(15.1m)(19.3m)(29.9m)
% profit margin(366 %)(266 %)(258 %)(228 %)(119 %)(90 %)(109 %)

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

£3.4m

Series A

€28.8m

Series B
*

€33.6m

Series C
*

€13.4m

Series D
*

£45.0m

Late VC

£3.8m

Valuation: £251m

35.1x EV/LTM Revenues

-14.6x EV/LTM EBITDA

Late VC
N/A

N/A

Early VC

£700m

Valuation: £700m

55.1x EV/LTM Revenues

-52.2x EV/LTM EBITDA

Acquisition
Total Funding$152m

Recent News about Nutmeg

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More about Nutmeginfo icon
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Nutmeg is an online wealth management service that provides a range of investment solutions including ISAs (Individual Savings Accounts), pensions, and general investment accounts. The company caters to individual investors looking for a diversified portfolio managed by a team of experts. Operating in the financial technology sector, Nutmeg leverages technology to offer personalized investment strategies based on the client's risk tolerance and financial goals. The business model is subscription-based, charging management fees as a percentage of the assets under management. Nutmeg makes money by offering tiered pricing plans that vary based on the level of service and the amount invested. The company also provides various financial tools and calculators to help clients plan their investments effectively.

Keywords: wealth management, ISAs, pensions, fintech, diversified portfolios, investment strategies, financial planning, online platform, subscription-based, personalized advice.

Tech stack

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