Attido

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Attido - overview

Established

2001

Location

Espoo, -, Finland

Primary Industry

Business Support Services

About

Attido is a company specializing in business management solutions, leveraging Oracle technologies to enhance operational efficiency and data-driven decision-making for medium and large enterprises across various sectors. Founded in 2001, Attido is based in Espoo, Finland. The company focuses on providing solutions centered on the Oracle Fusion ERP system, which integrates financial management, supply chain management, enterprise performance management, and human capital management. The company has not undergone any notable pivots or changes in business operations.


The CEO of the company is Henrik Reims, and it has completed a total of one deal. The most recent deal occurred in December 2016, when Juuri Partners invested an undisclosed amount in Attido. Attido specializes in delivering business management and data-driven decision-making solutions that utilize Oracle technologies. Its main offering, the Oracle Fusion ERP system, assists medium and large enterprises in improving operational efficiency and streamlining business processes.


The solutions cater to diverse sectors, with clients including Aalto University and Finnlines, and are primarily marketed within the Nordic region and Europe. In the most recent year, Attido generated a revenue of USD 9. 39 mn with an EBITDA of USD -181,231. 4.


The company's revenue model relies on subscription-based services for its Oracle Fusion ERP solutions, and it engages clients through implementation projects, maintenance, and development services, forming long-term partnerships that enhance technological improvements. Attido plans to utilize its recent funding from December 2016 to support growth initiatives that include the development of new products and an expansion into new geographic markets. The company targets a broader European market for its solutions, seeking to launch additional functionalities of the Oracle Fusion ERP system in the coming years. This strategy aims to address the increasing demand for cloud-based platforms that provide scalability and flexibility in various industries.


Current Investors

Juuri Partners

Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

http://www.attido.com

Company Stage

Mature - Growth Capital

Total Amount Raised

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Attido - timeline of key events

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Attido - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)9,085,253.59,075,443.810,604,198.1---
% Revenue Growth (YoY)-(0.1%)16.8%---
EBITDA (USD)723,931.3407,595.9606,144.8---
Operating Income (USD)677,432.4361,117.6562,045.1---
Operating Margin7.5%4.0%5.3%---
% EBITDA Margin8.0%4.5%5.7%---
NET Income (USD)587,632.8272,590.1407,709.9---
% Net Margin6.5%3.0%3.8%---

Attido - 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)
GrowthCompletedAttido-

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Attido - employee data

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