
Vastuu Group
Removing artificial boundaries between countries, industries and stakeholders, and building a more functional information society with reliable and privacy-friendly data.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | $654k | Early VC | |
Total Funding | 000k |

EUR | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 12 % | 12 % | 1 % | (5 %) | 14 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (10 %) | 6 % | - | 3 % | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (19 %) | (4 %) | (12 %) | (12 %) | (43 %) | 4 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 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 |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
R&D % of revenue | 70 % | 124 % | - | - | - | - |
Source: Company filings or news article
Related Content
In 2007, a collective of Finnish construction and real estate industry associations identified a critical need for transparency and efficiency. This led to the creation of Vastuu Group, a company designed to combat the grey economy and streamline statutory obligations. The founders weren't typical entrepreneurs but rather a coalition of organizations, including the Confederation of Finnish Construction Industries (RT) and the Building Quality Association (RALA), aiming to build a foundation of trust within the sector. The company’s core service became a digital platform that allows companies to manage and verify their corporate social responsibility data, such as tax payments and pension insurance. This service helps ensure that partners and contractors are meeting their legal requirements, promoting fair competition. A significant moment in Vastuu Group’s journey occurred in January 2023 when the Finnish family-owned investment company Hartwall Capital made a major investment. This partnership was aimed at accelerating growth and supporting the company's goals for international expansion. The investment provided the resources needed to enhance their service offerings and expand their market reach, solidifying their role as a key player in promoting a more transparent and responsible business environment in Finland and beyond.
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Investments by Vastuu Group
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