Circle Garage
Circle Garage – A product development studio for Industry4.0 and consumer market.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | N/A | Seed | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (59 %) | 167 % | 70 % | (33 %) | 86 % | 11 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 19 % | 43 % | 24 % | 14 % | 14 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 1 % | - | 3 % | - | 2 % | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Circle Garage is a spin-off from the Italian Institute of Technology, specializing in software development services for the automotive, transport, and logistics sectors. The company focuses on creating innovative digital solutions using Internet of Things (IoT), automation, and cloud architecture to help businesses achieve their goals more effectively. Circle Garage serves a diverse range of clients, including automotive manufacturers, transport companies, and logistics firms, providing tailored software solutions to meet their specific needs.
The company operates in the business automation and IoT market, leveraging its expertise to offer comprehensive services that cover every phase of a project. This includes initial consulting, development, and implementation of digital solutions. Circle Garage's business model revolves around providing specialized software development services, funded research and development (R&D) projects, and observability data analytics tools. The company generates revenue through service contracts, R&D collaborations, and the sale of its software solutions.
Circle Garage also participates in Italian and European research projects, collaborating with international partners to develop proof of concept (PoC) projects. This involvement in research initiatives not only enhances their technological capabilities but also opens up new revenue streams and market opportunities.
Keywords: IoT, automation, cloud architecture, automotive, transport, logistics, software development, business automation, data analytics, R&D.