Arkyn Studios

Arkyn Studios

Real-time access to SAP data makes it easier to do more in no time.

HQ location
Copenhagen, Denmark
Website
Launch date
Employees
Enterprise value
$21m
Company register number
41263121
  • Edit
Get premium to view all results
DateInvestorsAmountRound
investor

€0.0

round
*

€1.4m

Valuation: €19.0m

Seed
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20202021202220232024
Revenues00000000000000000000
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

Notes (0)
More about Arkyn Studios
Made with AI
Edit

Arkyn, a Copenhagen-based B2B SaaS company established in 2020, specializes in enhancing the usability of SAP systems through a suite of mobile applications. The firm was created by the founding partners of Trifork Smart Enterprise (formerly Invokers), a tech company with experience building applications on top of SAP since 2007. This deep domain expertise underpins Arkyn's approach. The company targets large enterprises, particularly in the manufacturing, railway, and transportation sectors, that rely on SAP for critical operations like plant maintenance (PM) and customer service (CS).

The business operates on a subscription-based SaaS model, providing clients with pre-developed iOS apps designed for field technicians and plant maintenance workers. Arkyn's core offering is centered around its FastCloud middleware platform, which facilitates rapid and secure integration between a client's on-premise SAP installation (both ECC and S/4 HANA) and Arkyn's applications. This platform enables real-time data synchronization, offline support, and allows for deployment within a few weeks, a significant reduction from typical enterprise software integration timelines. Revenue is generated through SaaS license agreements which include app updates and new features.

The product suite includes several applications tailored to specific tasks. FastWork is a user-friendly app for processing day-to-day work orders. FastAssets provides mobile access to asset details and maintenance history to improve data-driven decisions. Other apps include FastTime for time registration, and FastForms, a tool to digitize and replace paper-based forms. By simplifying complex SAP workflows into intuitive mobile experiences, Arkyn aims to boost productivity and improve data quality for its enterprise clients. The company has secured multiple rounds of funding, including a €3.8M seed round in 2022 and a €1.4M round in 2023, both led by Trifork Labs, to fuel product development and international expansion.

Keywords: SAP enterprise mobility, B2B SaaS, plant maintenance software, field service management, SAP PM/CS, mobile work orders, asset management apps, SAP integration, middleware platform, user-centric enterprise software, FastCloud, manufacturing operations, railway maintenance, Trifork Labs, enterprise asset management, mobile data collection, SAP S/4HANA apps, real-time data sync, work order management, digital forms SAP

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads