46elks

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46elks - overview

Location

Uppsala, -, Sweden

Primary Industry

IT Infrastructure

About

46elks is a telecom infrastructure provider that enables businesses to integrate SMS, MMS, and automated calling features into their applications through a versatile API, enhancing communication capabilities across diverse sectors. 46elks, founded by Johannes Ridderstedt, operates from Uppsala, Sweden, and specializes in telecom solutions. The company raised SEK 2. 6 million in funding on October 2, 2014, from ALMI Invest and individual investors, marking a pivotal moment in its growth.


Since its inception, 46elks has focused on expanding its services globally but has not undergone any significant pivots in business strategy. 46elks specializes in providing a comprehensive telecom infrastructure that enables businesses to integrate SMS, MMS, and automated phone call functionalities into their applications via a flexible API. Their core offerings include one-way and two-way SMS, photo messaging, automated phone calls, dynamic call forwarding, programmable IVR, and virtual phone numbers. These services cater to a diverse client base, including companies like Caspeco, ProAgile, and Sensefarm, among others, allowing them to enhance communication with end users through near-instant delivery and high engagement rates.


The products serve various geographical markets, with SMS-ready numbers available in 48 countries and landline numbers in over 30 countries, thus enabling businesses to expand their reach globally. The solutions provided by 46elks address use cases such as improving customer engagement, facilitating communication within organizations, and streamlining processes for businesses in sectors like agriculture and SaaS. In 2022, 46elks reported a revenue of SEK 4,400,797,851. 60 with an EBITDA of SEK -30,293,953.


70. The company operates on a transparent pricing model where clients pay only for the products and services they utilize, eliminating startup fees and minimum monthly costs. The revenue generation is structured primarily through transactional fees associated with SMS and call services, alongside usage-based pricing for additional features like call recording and programmable IVR. Clients, which include both B2B and direct-to-consumer businesses, can engage in various transactions, leveraging the API to enhance their software capabilities.


In October 2014, 46elks raised SEK 2. 6 million from ALMI Invest to support its growth initiatives. The company is focused on enhancing its product offerings and plans to introduce new functionalities to its API in the near future. Additionally, 46elks aims to expand its market reach, specifically targeting sectors like agriculture and SaaS within Europe and Asia by 2025, leveraging the latest funding to further develop its telecom solutions and infrastructure.


Current Investors

ALMI Invest

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure

Website

www.46elks.com

Verticals

Cloud Computing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

46elks - timeline of key events

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46elks - financials

Fiscal Year EndedDec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)1,711,000177,288,000455,654,0001,231,627,0002,831,778,0003,662,123,0008,792,454,00012,917,463,00018,149,998,00024,546,246,00035,445,487,000---
% Revenue Growth (YoY)-10261.7%157.0%170.3%129.9%29.3%140.1%46.9%40.5%35.2%44.4%---
EBITDA (USD)(488,570,000)(570,369,000)(1,365,777,000)(881,245,000)(386,944,000)(915,971,000)1,485,623,0001,275,243,0002,044,662,0001,858,567,0001,039,617,000---
Operating Income (USD)(496,304,000)(580,681,000)(1,376,091,000)(885,609,000)(409,599,000)(1,019,952,000)1,091,649,000856,555,0001,471,079,0001,219,733,000364,167,000---
Operating Margin(29006.7%)(327.5%)(302.0%)(71.9%)(14.5%)(27.9%)12.4%6.6%8.1%5.0%1.0%---
% EBITDA Margin(28554.6%)(321.7%)(299.7%)(71.6%)(13.7%)(25.0%)16.9%9.9%11.3%7.6%2.9%---
NET Income (USD)(496,288,000)(580,699,000)(1,377,058,000)(898,756,000)(409,108,000)(1,020,598,000)1,068,051,000850,629,0001,466,882,0001,163,847,000282,731,000---
% Net Margin(29005.7%)(327.5%)(302.2%)(73.0%)(14.4%)(27.9%)12.1%6.6%8.1%4.7%0.8%---

46elks - employee data

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46elks - key contacts

NamePositionStart DateEnd DateVcardBio 
Board Member and investorBM

BM Board Member

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