
Bytetravel
Ancillary services for tourist and business travellers.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
* | €2.5m Valuation: €38.0m 3.4x EV/Revenue 10.6x EV/EBITDA | Growth Equity non VC | |
Total Funding | 000k |
EUR | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 275 % | 89 % | 32 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 13 % | 6 % | 37 % | 32 % |
Profit | 0000 | 0000 | 0000 | 0000 |
% profit margin | - | 6 % | 28 % | 23 % |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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While numerous companies focus on providing transportation, accommodation, and destination activities or tours, certain essential demands of consumers and multinational corporations remain inadequately addressed by the industry.
Our ambition is to become the leading provider of these complementary services, or “ancillaries,” delivering them efficiently and reliably through the extensive use of technology, automation, biometrics, and artificial intelligence. Our mission is to ensure an experience that saves clients time on administrative tasks while simultaneously reducing operational costs for society.
As a young company in full expansion, we currently employ a team of 68 professionals from 15 different nationalities. Our journey began with VISAGOV, an online service for managing and processing tourism and business visas in 70 countries, a segment poised for significant growth in the coming years. This was followed by ROAMIC, an eSIM card enabling mobile internet connectivity in over 190 countries, eliminating the high roaming costs charged by telecom operators. Our strategic plan includes the development of additional products, some to be created internally as business units and others in collaboration with partner companies to facilitate cross-selling. Currently, 98% of our revenue is generated from international markets, with the United States, United Kingdom, Japan, Australia, Germany, Canada, and Switzerland being among our primary markets.