Destiny NV
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Destiny NV - overview
Established
2008
Location
Zaventem, -, Belgium
Primary Industry
Software
About
Based in Belgium, Destiny NV operates as a software provider specializing in cloud-based communication solutions, offering integrated services that enhance business connectivity and analytics. Destiny NV, founded in 2008 and headquartered in Zaventem, Belgium, provides advanced communication solutions for businesses. In November 2019, the company was acquired by Seven2 from Mentha Capital which enabled it to further its expansion strategy in the unified communications market. The CEO is Marc Destree, who has a history of leadership roles in the tech industry.
Destiny specializes in cloud-based business communication solutions, offering an integrated platform encompassing mobile and fixed telephony, secure connectivity, and advanced business analytics. Their UCaaS model enables businesses to manage communications seamlessly, integrating tools like Microsoft Teams and CRM systems. Destiny serves over 5,000 clients across various sectors, including retail and legal, providing tailored communication solutions. In the most recent fiscal year, 2024, Destiny reported a revenue of EUR 57,877,082.
20 and an EBITDA of EUR 5,932,648. 30, primarily generated through subscription-based models for its diverse communication services. Following its acquisition in 2019, Destiny NV aims to enhance its presence in the cloud-based unified communications market. The company plans to accelerate its international development and pursue an active acquisition strategy.
Recent funding from the Buyout round, amounting to EUR 10. 000 mn, will support these initiatives as Destiny seeks to expand its product offerings and enter new geographic markets.
Current Investors
Seven2
Primary Industry
Software
Sub Industries
Connectivity Software, Cable Service Providers, Internet Service Providers, Telecoms Providers & Services
Website
www.destiny.be
Verticals
Artificial Intelligence, Cloud Computing, Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Destiny NV - timeline of key events
Destiny NV - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 2,430,907 | - | 6,652,565 | 9,431,603 | 12,032,121 | 14,809,935 | 20,039,438 | 22,368,874 | 27,502,735 | 29,517,660 | 32,028,698 | 48,778,644 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | 41.8% | 27.6% | 23.1% | 35.3% | 11.6% | 23.0% | 7.3% | 8.5% | 52.3% | - | - | - |
| EBITDA (USD) | (548,403) | 123,180 | 1,124,629 | 1,158,698 | 1,522,436 | 2,016,516 | 2,851,069 | 3,242,425 | 2,962,534 | 4,689,985 | 4,475,703 | 2,791,267 | (14,402,526) | - | - | - |
| Operating Income (USD) | (945,361) | (440,109) | 370,183 | 92,289 | 145,448 | 294,403 | 919,881 | 996,852 | 532,189 | 1,289,660 | 1,038,477 | (860,896) | (19,718,403) | - | - | - |
| Operating Margin | - | (18.1%) | - | 1.4% | 1.5% | 2.4% | 6.2% | 5.0% | 2.4% | 4.7% | 3.5% | (2.7%) | (40.4%) | - | - | - |
| % EBITDA Margin | - | 5.1% | - | 17.4% | 16.1% | 16.8% | 19.3% | 16.2% | 13.2% | 17.1% | 15.2% | 8.7% | (29.5%) | - | - | - |
| NET Income (USD) | (996,671) | (549,557) | 273,830 | (39,691) | 1,495 | 113,490 | 591,209 | 271,542 | 829,184 | 1,972,500 | (2,317,358) | 72,997,163 | (20,007,706) | - | - | - |
| % Net Margin | - | (22.6%) | - | (0.6%) | 0.0% | 0.9% | 4.0% | 1.4% | 3.7% | 7.2% | (7.9%) | 227.9% | (41.0%) | - | - | - |
Destiny NV - 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 | Completed | Meridix Systems AB | - | ||||||||
| Add-on, Trade Sale | Completed | Soluno BC AB | - | ||||||||
| Add-on, Trade Sale | Completed | Soluno BC AB | - | ||||||||
| Add-on | Completed | Telepo AB | - | ||||||||
| Add-on | Completed | Motto Voip B.V. | - |
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Destiny NV - employee data
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