
Neat
Designs simple and elegant video devices that make virtual meetings feel almost as real as meeting face-to-face.
USD | 2020 | 2021 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 288 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Neat is a Norwegian company that designs and develops video conferencing devices. The company's product portfolio is tailored for modern work environments, offering solutions for various spaces such as huddle rooms, meeting rooms, and executive offices. Neat's devices are compatible with popular collaboration platforms, specifically Microsoft Teams and Zoom, providing users with flexibility in their choice of software.
The company operates on a hardware sales model, generating revenue through the sale of its video devices. In addition to direct hardware sales, Neat offers a 'Neat as a Service' subscription, allowing customers to equip their workspaces with the company's technology on a recurring payment basis. This service provides a more accessible entry point for businesses to adopt Neat's solutions without a significant upfront investment.
To supplement its hardware offerings, Neat provides 'Neat Pulse,' a comprehensive service package that includes device management, premium support, and an extended warranty. This offering creates an additional revenue stream while ensuring a high level of customer satisfaction and device uptime.
Neat's target market consists of businesses of all sizes that rely on video conferencing for internal and external communication. The company's focus on creating user-friendly and aesthetically designed devices positions it as a strong competitor in the corporate video conferencing hardware market.
Keywords: video conferencing, hardware, Microsoft Teams, Zoom, device management, subscription service, B2B, collaboration tools, meeting rooms, office technology