Cylindo Aps
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Cylindo Aps - overview
Established
2010
Location
Copenhagen, -, Denmark
Primary Industry
Software
About
Cylindo Aps is a technology company that specializes in 3D visualization solutions for the furniture industry, enhancing online shopping experiences through immersive product displays. Founded in 2010 in Copenhagen, Denmark, Cylindo Aps provides advanced 3D visualization services for the furniture sector. The company was acquired by Chaos Software Ltd. in April 2022, following a series of four investment deals, with the most recent round raising DKK 13.
000 mn. The investment was led by Commerce Ventures and LiteCap. The founder's previous ventures are not specified. Cylindo specializes in 3D furniture product visualization, offering a platform for creating, managing, and distributing high-quality 3D product visuals.
Key offerings include advanced 3D asset creation and content management tools designed for furniture retailers. Their platform supports immersive customer experiences with customizable displays and try-before-you-buy functionalities, primarily serving clients in North America and Europe. In 2023, Cylindo reported revenue of DKK 17,466,582, with an EBITDA of DKK -3,009,767. 6.
The recent acquisition by Chaos Software Ltd. aims to bolster its 3D visualization ecosystem. While specific new products or geographic expansions are not detailed, this strategic move positions Cylindo for enhanced growth in the 3D market, leveraging Chaos's resources to expand their offerings.
Current Investors
Commerce Ventures, LiteCap, Scale Capital
Primary Industry
Software
Sub Industries
Content Management Software, Sales & Marketing Software
Website
www.cylindo.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Cylindo Aps - timeline of key events
Cylindo Aps - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Apr 30, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 2,879,124 | - | - | - | - | 20,364,337 | 33,384,373 | 46,942,983 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | 63.9% | - | - | - | - |
| EBITDA (USD) | 515,005 | (1,232,887) | (4,267,994) | (5,132,080) | 4,759,000 | 4,759,000 | (3,088,437) | (1,183,326) | 8,075,856 | - | - | - |
| Operating Income (USD) | 45,684 | (2,045,402) | (5,080,509) | (5,518,274) | 3,613,249 | 3,613,249 | (5,745,758) | (6,106,392) | 575,856 | - | - | - |
| Operating Margin | - | (71.0%) | - | - | - | - | (28.2%) | (18.3%) | 1.2% | - | - | - |
| % EBITDA Margin | - | (42.8%) | - | - | - | - | (15.2%) | (3.5%) | 17.2% | - | - | - |
| NET Income (USD) | 35,429 | (2,135,240) | (4,259,067) | (4,440,978) | 2,393,328 | 2,393,328 | (4,956,669) | (4,739,817) | (5,226,250) | - | - | - |
| % Net Margin | - | (74.2%) | - | - | - | - | (24.3%) | (14.2%) | (11.1%) | - | - | - |
Cylindo Aps - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Cylindo Aps | - |
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Cylindo Aps - employee data
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