Zoined
Offers retail and hospitality analytics-as-a-cloud based services for different roles from top management to manager level.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
€500k | Seed | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (9 %) | 29 % | 20 % | 2 % | 18 % | 4 % | 28 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (66 %) | 22 % | 34 % | 43 % | 14 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (130 %) | (9 %) | (4 %) | 1 % | (20 %) | (11 %) | 8 % |
| 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 |
| R&D % of revenue | 128 % | 99 % | 96 % | 108 % | - | - | - |
Source: Company filings or news article
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Zoined Oy operates as a business intelligence and data analytics firm, offering a cloud-based platform tailored for retailers and hospitality businesses. The company was established in 2012 in Finland by Matti Orfali, who currently serves as the Chief Technology Officer. Orfali's background includes a Master of Science in computer science from the University of Helsinki and extensive experience in software development and technical leadership roles, which directly informs the technological foundation of Zoined.
The core of Zoined's offering is a plug-and-play analytics solution designed to simplify data-driven decision-making for its clients. The platform integrates with various point-of-sale (POS) systems and other data sources, such as workforce management and customer loyalty programs, to consolidate information into a unified view. This allows businesses to monitor key performance indicators (KPIs) like sales, basket size, and customer traffic through accessible dashboards and reports. The service is delivered on a Software-as-a-Service (SaaS) model, generating revenue through recurring subscription fees. The target market consists of brick-and-mortar retailers, including chains, individual stores, and restaurants, that require straightforward tools to analyze their operational data without needing a dedicated IT department.
Zoined's platform presents data through visual and intuitive interfaces, enabling managers to identify trends, compare performance across different locations, and understand the impact of marketing campaigns. The system is designed for ease of use, providing actionable insights that help businesses optimize stock levels, improve staff scheduling, and enhance overall profitability. For instance, it can correlate weather data with sales to better predict demand. A significant milestone for the company was its acquisition by Visma in 2019, which integrated Zoined into a larger ecosystem of business software solutions, expanding its market reach and resources.
Keywords: retail analytics, hospitality BI, data visualization, SaaS, point-of-sale data, business intelligence, KPI dashboards, workforce management analytics, inventory optimization, customer behavior analysis