Accordium
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Accordium - overview
Established
2016
Location
Copenhagen, -, Denmark
Primary Industry
Software
About
Accordium is a technology company focused on providing digital tools for e-signatures and sales video features, enabling businesses to streamline document workflows and enhance engagement in sales presentations. Founded in 2016 and headquartered in Copenhagen, Denmark, Accordium specializes in e-signature solutions that facilitate secure document signing. In September 2017, the company raised DKK 3. 5 million in SEED funding from PreSeed Ventures and SEED Capital, making it an investment target.
Prior to its discontinuation in August 2024, Accordium offered a suite of digital tools designed primarily for e-signatures and sales video features. The core product was an e-signature platform that facilitated secure document signing, allowing users to efficiently manage contracts and agreements in a digital format. Additionally, Accordium provided capabilities for sales video presentations, enhancing user engagement through interactive screen sharing. The primary customer base included small to medium-sized enterprises across various sectors, utilizing these tools to accelerate their sales processes and improve conversion rates.
The products were marketed primarily in North America and Europe, catering to businesses looking to modernize their document management and sales strategies. Accordium's revenue model was based on a subscription structure, where users paid for access to its e-signature and video presentation features. The company provided various pricing plans that allowed businesses to choose a package that best suited their operational needs, with options for both monthly and annual subscriptions. Following the announcement of its discontinuation, any existing subscriptions or lifetime deals prompted the company to offer refunds or alternative access to its other product, CrankWheel Screen Sharing, ensuring customer retention and satisfaction during the transition.
The company's EBITDA for the most recent year, 2020, was reported at -DKK 81,884. 70. Accordium raised DKK 3. 5 million in SEED funding in September 2017 to enhance its product offerings.
However, as the company has announced its discontinuation, future growth plans have not been detailed, and it appears that no new products or expansions into new markets are currently being pursued.
Current Investors
PreSeed Ventures, SEED Capital
Primary Industry
Software
Sub Industries
Internet, Content Management Software, Analytics & Performance Software
Website
www.accordium.com
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Accordium - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 |
|---|---|---|---|---|
| Revenue (USD) | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | (3,002,229) | - | - | - |
| Operating Income (USD) | (3,002,229) | - | - | - |
| Operating Margin | - | - | - | - |
| % EBITDA Margin | - | - | - | - |
| NET Income (USD) | (3,035,981) | - | - | - |
| % Net Margin | - | - | - | - |
Accordium - employee data

Accordium - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman of the Board | BM |
BM Board Member
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