Ermes Cyber Security
Specialized in cyber-security that has developed a new protection system.
Launch date
Employees
Market cap
-
Enterprise valuation
€40m (Public information from Jun 2023)
Turin Piedmont (HQ)
Financials
Estimates*
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | <1m | <1m | <1m | <1m | <1m | 1.1m |
| % growth | - | 2025 % | 446 % | 110 % | 3 % | 18 % |
| EBITDA | <1m | <1m | - | - | - | - |
| % EBITDA margin | 97 % | 9 % | - | - | - | - |
| Profit | (<1m) | (<1m) | <1m | <1m | - | - |
| % profit margin | (1191 %) | (137 %) | 2 % | 4 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | €8.0m | Early VC | |
N/A | Spinout | ||
| N/A | N/A | Seed | |
$670k | Seed | ||
| N/A | €1.0m Valuation: €40.0m 95.8x EV/LTM Revenues | Early VC | |
* | €3.0m Valuation: €40.0m | Series A | |
| Total Funding | €12.6m | ||
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