Snowfall

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Snowfall - overview

Established

2016

Location

Turku, -, Finland

Primary Industry

Software

About

Snowfall is a Finnish company focused on providing innovative solutions for home improvement, enhancing residential living spaces through a variety of renovation and energy-efficient services. Snowfall was founded in 2016 and is headquartered in Turku, Finland. The company specializes in home improvement services, including renovations and energy-efficient systems. In October 2016, it secured EUR 1 million in SEED funding, led by Frontier.


fi, with participation from Borg Capital. It has completed one deal to date. Snowfall offers a wide range of home improvement and personal service solutions, including window renovations, apartment remodeling, and energy-efficient heating systems like air-source heat pumps. The company serves homeowners, property managers, and businesses, primarily in urban areas such as Helsinki, Jyväskylä, Tuusula, Salo, and Turku, addressing common issues like energy inefficiency and outdated infrastructure.


In the most recent fiscal year, Snowfall reported a revenue of EUR 607,318. 20 with an EBITDA of EUR 238,445, indicating its financial performance through direct consumer transactions for home improvement projects. Snowfall plans to leverage its recent SEED funding of EUR 1 million to expand its product offerings and geographic presence. The company aims to introduce new energy-efficient solutions and enhance its service portfolio by 2023.


Additionally, it is considering expansion into broader international markets to increase its customer base.


Current Investors

Frontier.fi, Borg Capital

Primary Industry

Software

Sub Industries

Gaming

Website

www.snowfall.fi

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Snowfall - financials

Fiscal Year EndedMay 31, 2017May 31, 2018May 31, 2019May 31, 2020
Revenue (USD)----
% Revenue Growth (YoY)----
EBITDA (USD)(528,767.3)---
Operating Income (USD)(528,767.3)---
Operating Margin----
% EBITDA Margin----
NET Income (USD)(530,135.4)---
% Net Margin----

Snowfall - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedFrotcom International, S.A.-

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Snowfall - employee data

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