Somo creates solutions for the connected world, with a mission to help businesses increase sales, customer engagement and productivity. Somo's full service offering has three focused divisions: Custom Product Development, Marketing for the Connected World, Products and Platforms.
Somo has built some of the most innovative and creative mobile products in the market and run some of the most successful ad campaigns for brands all over the world such as Audi, De Beers, BP, and The New York Times. 

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2009
Size (employees)
150 (est)+2%
Somo was founded in 2009 and is headquartered in London, GB

Key People/Management at Somo

Nick Hynes

Nick Hynes

CEO
Carl Uminski

Carl Uminski

COO
Dave Evans

Dave Evans

Chief Technology Officer
Ross Sleight

Ross Sleight

Chief Strategy Officer
Stephanie Emmanouel

Stephanie Emmanouel

VP Business Development
Tim Johnson

Tim Johnson

Head Of Production
Emma Crowe

Emma Crowe

VP Planning & Strategy
Jocelyn Bull

Jocelyn Bull

Global Marketing Director
Salinder Patel

Salinder Patel

FINANCE MANAGER
James Turner

James Turner

Chief Knowledge Officer
Thomas Schulz

Thomas Schulz

Chief Commercial Officer
Richard Langston

Richard Langston

Commercial Director
Michael J. Becker

Michael J. Becker

Marketing Development & Strategic Advisor for North America

Somo Office Locations

Somo has offices in London, New York, San Francisco and Bristol
London, GB (HQ)
18th Floor Portland House Bressenden Place Victoria
Bristol, GB
5th Floor 1 Temple Way
San Francisco, US
11th Floor 180 Sansome Street
New York, US
51 East 12th Street

Somo Financials and Metrics

Summary Metrics

Founding Date

2009

Total Funding

$5.5 m

Latest funding size

$5.5 m

Time since last funding

over 3 years

Investors

Somo's latest funding round in April 2014 was reported to be $5.5 m. In total, Somo has raised $5.5 m

Somo Financials

Somo's revenue was reported to be £25.1 m in FY, 2016 which is a 15% increase from the previous period.
GBP

Revenue (FY, 2016)

25.1 m

Revenue growth (FY, 2015 - FY, 2016), %

15%

Gross profit (FY, 2016)

6.6 m

Gross profit margin (FY, 2016), %

26%

Net income (FY, 2016)

572.2 k

EBITDA (FY, 2016)

839.1 k

EBIT (FY, 2016)

809.3 k

Cash (31-Dec-2016)

321.5 k
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

10.6 m23.1 m21.2 m21.9 m25.1 m

Revenue growth, %

(8%)3%15%

Cost of goods sold

9.2 m19.2 m17.4 m14.9 m18.5 m

Gross profit

1.4 m3.8 m3.8 m7 m6.6 m
GBPFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

190.5 k264.8 k167.3 k39.5 k321.5 k

Accounts Receivable

5.1 k1.9 m1.4 m926.4 k3.6 m3.8 m

Current Assets

5.1 k2.8 m4.2 m2.7 m4.8 m6.3 m

PP&E

118.2 k214.6 k119.8 k22.2 k26.9 k
    GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (2.6 m)(2.2 m)(7.6 m)(2.3 m)572.2 k

    Cash From Operating Activities

    (2.1 m)(205.9 k)(6.4 m)(1.9 m)293.7 k

    Cash From Financing Activities

    2 m1.6 m6.6 m2.1 m(26 k)

    Net Change in Cash

    (497.6 k)74.3 k(97.4 k)(127.8 k)282 k
      GBPY, 2016

      Revenue/Employee

      151.2 k

      Debt/Equity

      -0.5 x

      Debt/Assets

      0.5 x

      Financial Leverage

      -0.9 x
      Show all financial metrics

      Somo's Web-traffic and Trends

      Somo Online and Social Media Presence

      Somo Company Life and Culture

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