Verastar
Since 1998, we’ve been providing small businesses with the essential services they need.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
$205m | Debt | ||
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 8 % | 50 % | 45 % | 19 % | 6 % | (4 %) | 7 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 24 % | 6 % | 10 % | 5 % | 9 % | (6 %) | (60 %) |
| 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
Verastar is a UK-based company that provides essential business services to small and medium-sized enterprises (SMEs). Operating in the telecommunications, energy, water, and insurance markets, Verastar offers a comprehensive suite of services designed to streamline operations and reduce costs for its clients. The company's business model revolves around bundling multiple services into a single, easy-to-manage package, which simplifies billing and customer service for SMEs. Verastar generates revenue through subscription fees and service charges, ensuring a steady income stream while providing value to its customers. The company serves a diverse range of clients, from small retail shops to larger corporate entities, all seeking efficient and cost-effective solutions for their essential business needs.
Keywords: telecommunications, energy, water, insurance, SMEs, cost-effective, bundled services, subscription fees, UK-based, essential business services.