OverviewSuggest Edit

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.
TypePrivate
Founded2012
HQLondon, GB
Websiteconcirrus.com
Employee Ratings4.3

Latest Updates

Employees (est.) (Sept 2021)112(+4%)
Revenue (FY, 2018)£1.2 M(-28%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Concirrus

Max Bautin

Max Bautin

Non-Executive Director
Andy Yeoman

Andy Yeoman

Chief Executive Officer
Dieter Berg

Dieter Berg

Non-Executive Director
Richard Little

Richard Little

Non-Executive Chairman
Jonathan Kalman

Jonathan Kalman

Non-Executive Director
Caroline Hurst

Caroline Hurst

Marketing Director
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Concirrus Office Locations

Concirrus has offices in London and Noida
London, GB (HQ)
New City Court, 20 St Thomas St
London, GB
17 Leathermarket St, Bermondsey
Noida, IN
42/6, Sushil Marg, Block A, Industrial Area, Sector 62
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Concirrus Financials and Metrics

Summary Metrics

Founding Date

2012

Concirrus total Funding

$37.3 m

Concirrus latest funding size

$6 m

Time since last funding

a year ago

Concirrus investors

Concirrus's latest funding round in July 2020 was reported to be $6 m. In total, Concirrus has raised $37.3 m
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Concirrus Revenue

Concirrus's revenue was reported to be £1.21 m in FY, 2018
GBP

Revenue (FY, 2018)

1.2m

Net income (FY, 2018)

(3.1m)

EBIT (FY, 2018)

(3.7m)

Cash (31-Dec-2018)

4.2m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.2m1.2m1.5m1.7m1.2m

Revenue growth, %

Cost of goods sold

657.4k692.5k964.0k928.8k

Gross profit

586.7k472.8k518.2k758.6k
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

12.0k24.3k103.5k2.0m289.4k1.9m4.2m

Accounts Receivable

7.9k50.0k320.8k119.2k165.2k53.0k93.9k

Inventories

3.6k58.0k45.7k63.9k135.4k93.9k875.0

Current Assets

23.6k132.4k647.3k2.5m1.2m2.6m5.0m
GBPFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.7k(840.9k)(1.8m)(2.4m)
GBPFY, 2012

Financial Leverage

17.3 x
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Concirrus Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Concirrus Online and Social Media Presence

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Concirrus News and Updates

CommerzVentures invests $6m in insurtech Concirrus

Leading specialty analytics insurtech, Concirrus has today announced that CommerzVentures has made a...

London’s Concirrus raises $20 million to expand insurtech platform for auto and marine industries

Concirrus, a London-based insurtech startup, has announced that it has closed a $20 million Series B funding round led by AlbionVC. The company will use the new funding to expand its predictive analytics platform, geared toward the automotive and marine insurance sectors. Quest is the company’s beha…

Spire Global announces partnership with insurance analytics firm Concirrus

Spire Global announced an agreement Aug. 13 to share data and develop new products alongside Concirrus, a London-based insurance analytics company. SpaceNews.com

Concirrus Blogs

Concirrus 30 Day Wellbeing Challenge

Yesterday was World Mental Health Day 2021. A day to raise awareness of mental health issues around the world and to rally efforts in support of mental health. This year’s theme is ‘Mental Health in an Unequal World’.

Submissions: improving common market problems

Digital submissions management offers underwriting teams a host of benefits. We’ve already covered: The benefits of a digital workflow Improvements in business placement Speed at which submissions are imported and analysed How the best risk can be immediately identified and sel…

Submissions: Solving the problem of missing IMO's

Efficiency is one of the core values that underpins investment in digital transformation. We’re seeing technology automate laborious manual tasks, giving underwriters more time to focus on the most demanding aspects of their jobs.

Q&A with Mita Chavda

Our Head of Technical Sales, Mita Chavda, discusses her upcoming presentation at the IUMI 2021 Conference, the pressing issues facing the cargo sector, what value digitisation can add to the market, and why trust is important when managing her team. 

Port accumulations during hurricane Ida

Concirrus' event response team analyses key events as soon as they occur to better understand changing circumstances. This article draws on their analysis to discuss accumulations during Hurricane Ida. Hurricane Ida made landfall on August 29th and moved up through the region of New Orl…
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Concirrus Frequently Asked Questions

  • When was Concirrus founded?

    Concirrus was founded in 2012.

  • Who are Concirrus key executives?

    Concirrus's key executives are Max Bautin, Andy Yeoman and Dieter Berg.

  • How many employees does Concirrus have?

    Concirrus has 112 employees.

  • What is Concirrus revenue?

    Latest Concirrus annual revenue is £1.2 m.

  • What is Concirrus revenue per employee?

    Latest Concirrus revenue per employee is £10.8 k.

  • Who are Concirrus competitors?

    Competitors of Concirrus include MYCROS, SmartCloud and Saisei Networks.

  • Where is Concirrus headquarters?

    Concirrus headquarters is located at New City Court, 20 St Thomas St, London.

  • Where are Concirrus offices?

    Concirrus has offices in London and Noida.

  • How many offices does Concirrus have?

    Concirrus has 3 offices.