Cloudalize
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | - | - | - | 2.1m | 2.4m | 2.4m |
% growth | - | - | - | - | 13 % | - |
EBITDA | (<1m) | <1m | <1m | <1m | <1m | - |
% EBITDA margin | - | - | - | 39 % | 21 % | - |
Profit | (1.8m) | (1.5m) | (1.4m) | (1.1m) | (1.4m) | - |
% profit margin | - | - | - | (51 %) | (59 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €770k | Angel | |
N/A | €785k | Angel | |
N/A | €300k | Angel | |
N/A | €100k | Debt | |
N/A | €350k | Debt | |
N/A | €1.6m | Angel | |
* | €5.0m | Series A | |
* | €2.0m Valuation: €25.0m 30.6x EV/LTM EBITDA | Early VC | |
* | N/A | N/A | Bankruptcy |
* | N/A | Acquisition | |
Total Funding | €12.2m |
Recent News about Cloudalize
EditCloudalize is a technology company specializing in custom-built private cloud GPU (Graphics Processing Unit) solutions. These solutions are designed to support companies and educational institutions in Europe and North America in their digital transformation efforts. The core service allows users to run heavy-duty design and rendering software from anywhere, on any device, and at any time. This is particularly beneficial for industries that require significant computational power for tasks such as architectural design, engineering, and other creative fields.
Cloudalize operates in the cloud computing market, focusing on providing GPU power as a service. The company serves a diverse client base, including businesses and educational institutions that need high-performance computing capabilities. The business model revolves around offering subscription-based access to their GPU-powered cloud platform, which generates recurring revenue.
Headquartered in the MeetDistrict co-working space in Ghent, Belgium, Cloudalize boasts a collaborative team of over 20 professionals from six different nationalities, spread across three locations. The company was co-founded by Benny Willen and Jeffrey Meesemaecker, who envisioned a platform that could deliver GPU power instantly for demanding software applications.
Keywords: GPU, cloud computing, digital transformation, design software, rendering, Europe, North America, subscription model, high-performance computing, architectural design.