Concirrus

There’s a quiet revolution going on. Billions of remote devices are being connected to the internet and transmitting information. From fuel tanks to solar panels to healthcare equipment and security devices, the Internet of Things, is coming on-line. This market, known as The Internet Of Things (IOT) is growing fast and the sector is responding with more and more innovation that adds opinions and options that make the process of adding an IOT solution to your business far more complex than it ought to be. We decided to do something about this…. We decided to make it Simple…. By observing what made solutions succeed and learning from seeing many failures, Concirrus has captured the key technologies required in a solution and made this available through its range of products and services. From the creation of hardware, Our Connect Cloud Platform, robust firmware, connectivity, data hosting, applications and interfaces, Concirrus offers a one-stop-shop for the entire end-to-end solution delivery.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2012
Size (employees)
29 (est)
Concirrus was founded in 2012 and is headquartered in London, GB

Concirrus Office Locations

Concirrus has an office in London
London, GB (HQ)
Leathermarket Joint Management Board 26 Leathermarket St

Concirrus Financials and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$4.7 m

Latest funding size

$4.7 m

Time since last funding

about 2 years

Investors

Concirrus's latest funding round in August 2015 was reported to be $4.7 m. In total, Concirrus has raised $4.7 m

Concirrus Financials

Concirrus's revenue was reported to be £1.5 m in FY, 2016 which is a 27% increase from the previous period.
GBP

Revenue (FY, 2016)

1.5 m

Gross profit (FY, 2016)

518.2 k

Gross profit margin (FY, 2016), %

35%

Net income (FY, 2016)

(1.8 m)

EBITDA (FY, 2016)

(2 m)

EBIT (FY, 2016)

(2 m)

Cash (31-Dec-2016)

289.4 k
GBPFY, 2015FY, 2016

Revenue

1.2 m1.5 m

Cost of goods sold

692.5 k964 k

Gross profit

472.8 k518.2 k

Gross profit Margin, %

41%35%
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

12 k24.3 k103.5 k2 m289.4 k

Accounts Receivable

7.9 k50 k498.1 k119.2 k165.2 k

Inventories

3.6 k58 k45.7 k63.9 k135.4 k

Current Assets

23.6 k132.4 k647.3 k2.5 m1.2 m
    GBPFY, 2015FY, 2016

    Net Income

    (840.9 k)(1.8 m)
      GBPY, 2016

      Revenue/Employee

      79.9 k

      Financial Leverage

      3.3 x
      Show all financial metrics

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