Calastone

Calastone

Business automation for investments funds. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€200m (Public information from Oct 2020)
Company register number 06298923
London England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues25.0m31.4m38.0m44.8m58.0m71.7m72.4m
% growth38 %25 %21 %18 %30 %24 %1 %
EBITDA<1m<1m(<1m)2.0m(20.0m)18.7m15.3m
% EBITDA margin3 %2 %(1 %)4 %(34 %)26 %21 %
Profit(1.5m)1.4m(<1m)2.2m(5.0m)18.5m12.0m
% profit margin(6 %)4 %(2 %)5 %(9 %)26 %17 %
R&D budget----50.0m--
R&D % of revenue----86 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

£2.0m

Early VC

$1.6m

Early VC

N/A

Support Program

$18.0m

Series B

N/A

Valuation: €200m

4.5x EV/LTM Revenues

100.0x EV/LTM EBITDA

Buyout
Total Funding€20.2m

Recent News about Calastone

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More about Calastoneinfo icon
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Calastone operates as a global funds network, connecting the largest community of funds across 43 countries and territories. The company specializes in automating the entire trading process for mutual funds, leveraging Distributed Ledger Technology (DLT) to enhance security and efficiency. Calastone serves asset managers, fund distributors, and other financial institutions, providing them with a seamless and resilient platform for fund transactions. The business model revolves around offering a subscription-based service for access to its network, along with additional fees for advanced features and services. By digitalizing fund distribution, Calastone aims to reduce operational costs and improve transaction speeds for its clients. The company generates revenue through subscription fees, transaction fees, and value-added services.

Keywords: funds network, automation, DLT, asset managers, fund distributors, global coverage, secure transactions, operational resilience, digital distribution, financial technology.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.