CODENEKT
Control the monitoring and maintenance of your car like a pro.
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 2 % | 2 % | - | 1 % | (95 %) | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 10 % | 13 % | 11 % | 13 % | 10 % | - | - |
| 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, Dealroom estimates
Related Content
Based in Paris, France, CodeNekt was founded in 2019 by Jerome Termes and Francis Hachem, who serves as the company's CEO. The inspiration for the company came from Hachem's personal experience and over 25 years in digital development, seeking to address the common problem of managing disorganized vehicle paperwork. Initially a mobile app for tracking maintenance, the company pivoted to incorporate blockchain technology to address deeper issues within the automotive sector.
CodeNekt operates in the automotive technology market, targeting both individual car owners and businesses with vehicle fleets. Its business model combines a free mobile application for consumers with a Software-as-a-Service (SaaS) platform, "CodeNekt for Fleet," for commercial clients. Revenue is generated through tiered monthly or annual subscriptions for its fleet management solution, with prices scaling based on features like eco-driving analysis, geolocation, and AI-powered Total Cost of Ownership (TCO) optimization. The company has also explored Revenue-Based Financing, offering investors a percentage of future revenues.
The core of CodeNekt's offering is a platform that creates a secure, digital identity for each vehicle. For individual drivers, the free mobile app centralizes vehicle data, history, and administrative documents, sending reminders for technical and legal deadlines. For businesses, the "CodeNekt for Fleet" SaaS platform provides real-time fleet tracking, automated compliance, and data analytics. A key feature is the use of blockchain technology, specifically a custom Layer 1 blockchain built on Avalanche, to tokenize each vehicle as a dynamic Non-Fungible Token (NFT). This creates an unalterable digital passport of the vehicle's history, aimed at preventing fraud in the used car market and enhancing transparency for services like insurance and repairs. The platform is powered by the $CDK token, which is used for transaction fees within the ecosystem.
Keywords: vehicle management, fleet management, automotive blockchain, dynamic NFT, vehicle digital passport, car maintenance app, SaaS, vehicle data traceability, Francis Hachem, Avalanche blockchain, CDK token, used car fraud prevention, digital service log, eco-driving, TCO optimization, vehicle compliance, automotive data, connected car, insurtech, vehicle history