Commsignia
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | 2.0m | 2.7m | 3.8m | 4.6m | 5.2m |
% growth | 19 % | 29 % | 102 % | 37 % | 39 % | 23 % | 13 % |
EBITDA | <1m | <1m | <1m | <1m | (<1m) | (<1m) | - |
% EBITDA margin | 15 % | 11 % | 2 % | 15 % | (12 %) | (8 %) | - |
Profit | <1m | <1m | (<1m) | <1m | (1.4m) | (2.4m) | - |
% profit margin | 4 % | 4 % | (10 %) | - | (38 %) | (53 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
* | N/A | Seed | |
* | €277k | Grant | |
* | $11.0m | Series A | |
* | $15.0m | Series B | |
Total Funding | €23.9m |
Recent News about Commsignia
EditCommsignia operates in the rapidly growing Vehicle-to-Everything (V2X) market, providing technology that enables vehicles to communicate with each other and with smart city infrastructure. This interconnected network enhances road safety and traffic efficiency by allowing vehicles to recognize the intentions of other participants, such as cars, bicycles, and pedestrians. Commsignia serves automotive manufacturers, fleet operators, and smart city planners, offering a range of products including V2X software stacks, on-board units (OBUs), and roadside units (RSUs). The company generates revenue through the sale of its hardware and software solutions, as well as through ongoing service and maintenance contracts. By integrating with automotive quality processes and supporting industry standards like ISO26262, Commsignia ensures its products are reliable and future-proof.
Keywords: V2X, smart city, road safety, traffic efficiency, automotive, fleet management, software stack, on-board units, roadside units, ISO26262.