Somna
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Somna - overview
Location
-, -, Sweden
Primary Industry
Consumer Products
About
Somna is a digital solutions provider that enhances operational efficiency and customer engagement across various sectors, leveraging innovative software tools for effective project management and CRM. Somna specializes in developing digital solutions that optimize operational processes. Founded in Sweden, the company has not undergone any notable pivots or structural changes since its inception. Currently led by CEO Mats Dörring, Somna was notably acquired by Pamica AB in April 2017, marking a significant event in its corporate history.
Somna provides a suite of software tools designed to enhance project management, analytics, and customer relationship management (CRM). These solutions support seamless team collaboration and real-time data insights, catering to businesses of all sizes across sectors such as technology, finance, and healthcare. Their products are marketed in North America, Europe, and select regions in Asia, ensuring a wide-reaching impact on operational optimization. In the most recent fiscal year, Somna reported a revenue of USD 502,262.
80 with an EBITDA of USD -388,327. 60. The revenue model is based primarily on subscription services, enabling consistent cash flow and long-term client engagement through various pricing plans tailored to diverse business needs. Looking ahead, Somna plans to launch new software tools aimed at further enhancing project management capabilities, with expected releases in late 2023.
The company is targeting expansion into the Asian markets, particularly in East Asia, by 2024 to capture new business opportunities. The funding received from Pamica AB in 2017 will be instrumental in developing these new products and supporting the geographic expansion efforts.
Current Investors
Pamica
Primary Industry
Consumer Products
Sub Industries
Household Appliances
Website
www.somna.se
Verticals
Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Somna - timeline of key events
Somna - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Feb 28, 2013 | Feb 28, 2014 | Feb 28, 2015 | Feb 29, 2016 | Feb 28, 2017 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 11,665,849 | 17,255,932 | 6,024,614 | 43,563,355 | 48,499,730 | 45,023,207 | 44,242,293 | 36,050,055 | 37,378,994 | - | - | - |
| % Revenue Growth (YoY) | - | 47.9% | - | - | 11.3% | (7.2%) | (1.7%) | - | - | - | - | - |
| EBITDA (USD) | 2,099,805 | 5,038,653 | 2,963,688 | 7,236,522 | 7,480,433 | 7,659,257 | 3,328,464 | 8,647,990 | 1,832,375 | - | - | - |
| Operating Income (USD) | 2,034,509 | 4,940,527 | 2,955,136 | 7,150,609 | 7,423,432 | 7,615,255 | 3,252,190 | 8,633,489 | 1,811,357 | - | - | - |
| Operating Margin | 17.4% | 28.6% | 49.1% | 16.4% | 15.3% | 16.9% | 7.4% | 23.9% | 4.8% | - | - | - |
| % EBITDA Margin | 18.0% | 29.2% | 49.2% | 16.6% | 15.4% | 17.0% | 7.5% | 24.0% | 4.9% | - | - | - |
| NET Income (USD) | 1,025,807 | 2,023,562 | 1,801,831 | 4,276,029 | 4,384,347 | 4,579,183 | 2,196,275 | 5,556,761 | 26,193 | - | - | - |
| % Net Margin | 8.8% | 11.7% | 29.9% | 9.8% | 9.0% | 10.2% | 5.0% | 15.4% | 0.1% | - | - | - |
Somna - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Somna | - |
Displaying 1 - 1 of 1
Somna - employee data
Somna - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board | BM | ||||||
| Chairman of the board and Co-founder | BM |
BM Board Member
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