Kuori Oy
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Kuori Oy - overview
Established
2015
Location
Espoo, -, Finland
Primary Industry
Consumer Products
About
Kuori Oy specializes in creating customizable enterprise display solutions, focusing on advanced digital signage and payment kiosks to enhance customer interaction across various environments. Founded in 2015 in Espoo, Finland, Kuori Oy develops innovative display solutions. The company has undergone no significant pivots but secured EUR 1 million in funding in June 2018 from lead investor Insmat Oy, alongside Business Finland. Maria Jokelainen, one of the co-founders, serves as the CEO, demonstrating her ongoing commitment to the company's vision.
Kuori specializes in developing, manufacturing, and delivering mass-customized enterprise display solutions tailored for diverse environments. Their core offerings include advanced digital signage systems and payment kiosks, designed to enhance customer engagement and improve experiences in public spaces. These solutions integrate both hardware and software components, leveraging modular design principles to meet specific client needs, thus enabling businesses across various industries to create interactive environments. Kuori’s products are utilized by a wide range of end users, including retail establishments, transportation hubs, and educational institutions, enhancing operational efficiency and customer interaction.
The company actively markets its solutions across various geographical regions, including Europe, North America, and Asia, catering to a global clientele seeking innovative display technologies to transform their business landscapes. In 2023, Kuori generated revenue amounting to EUR 14,850,763. 70, with an EBITDA of EUR 2,300,358. The company's revenue model primarily revolves around B2B engagements, with transactions involving one-time purchases and ongoing service agreements for software updates and technical support, fostering long-term partnerships with clients.
Kuori plans to utilize the EUR 1 million raised in June 2018 to support the development of new product lines and expand its market presence. The company aims to release new digital signage solutions targeted at educational institutions and retail markets within the next year. Additionally, Kuori intends to explore opportunities in the Asian market, seeking to establish a footprint by late 2024.
Current Investors
Business Finland, Insmat Oy
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics
Website
www.kuori.tech
Company Stage
Early Stage
Total Amount Raised
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