Effortel
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Effortel - overview
Established
2005
Location
-, -, Belgium
Primary Industry
Telecoms
About
Effortel is a Mobile Virtual Network Enabler (MVNE) that provides advanced solutions to telecom operators and MVNOs, focusing on enhancing operational efficiency and customer engagement through innovative tools and services. Founded in 2005 and headquartered in Belgium, Effortel specializes in MVNE solutions that facilitate the launch and management of mobile virtual network operators. The company was founded by Arkadi Panitch, who has an extensive background in telecommunications. Effortel received a notable investment from Saffelberg Investments in August 2016 and has completed a total of 1 deal as of that date.
Effortel offers a range of Mobile Virtual Network Enabler solutions, including its flagship products, the Effortel Mobile Suite and MVNO LaunchPad. The Effortel Mobile Suite enhances operational efficiency with features such as real-time billing, AI-driven customer insights, and self-management tools, while the MVNO LaunchPad accelerates market entry for mobile virtual network operators through pre-configured modules and expert guidance. Effortel serves over 100 telecommunications companies globally, spanning regions like Europe, Asia, and the Americas. Effortel generates revenue through a subscription-based model that includes access to its comprehensive BSS/OSS solutions tailored for telecom management.
Clients subscribe to these services to meet their specific operational needs, and Effortel may also offer customized pricing plans. In 2023, the company reported an EBITDA of USD -64,018. 20. Effortel is focused on expanding its product offerings and enhancing its market presence.
Plans include the development of new features within the Effortel Mobile Suite aimed at improving customer engagement, with targeted releases anticipated in the next fiscal year. Furthermore, the company is looking to penetrate new markets in Asia and Latin America by 2025. The investment from Saffelberg Investments in August 2016 is expected to support these initiatives as Effortel aims to innovate its service offerings.
Current Investors
Saffelberg Investments
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services
Website
http://www.effortel.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Effortel - financials
| Fiscal Year Ended | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | (269,555) | (265,145) | (23,878) | 75,236 | 526,726 | 60,333 | 86,639 | 71,722 | 1,134 | (105,656) | - | - | - |
| Operating Income (USD) | (338,163) | (349,175) | (104,015) | 53,779 | 510,809 | 45,120 | 84,861 | 67,284 | (6,664) | (111,504) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | (383,193) | (182,788) | (129,333) | 49,808 | 501,291 | 37,928 | 50,441 | 37,595 | (14,407) | (120,524) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - | - | - | - | - |
Effortel - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Effortel | - |
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Effortel - employee data
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