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Xylo secures £2.8m pre-seed funding
The UK GovTech startup Xylo raised £2.8m in a pre-seed round led by CapitalT with participation from Common Magic, Sure Valley Ventures, Tiny VC, Endurance Ventures and angel investors from DeepMind, Gensyn and Dawn Capital. Xylo provides AI-powered tools to automate administrative tasks around building permits while decision authority remains with caseworkers. According to the company, municipalities using the platform process 40% more applications per employee each month; 83% of caseworkers report increased accuracy. Mindflair is invested in Xylo via its stake in the SVV Fund II. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | 2023 | |
|---|---|---|
| Revenue | 82.97M | 3.11% |
| Gross profit | 10.71M | 20.50% |
| Net profit | -14.5M | 52.33% |
| EBITDA | -24.67M | 120.72% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €153.85M |
Number of shares | 75.79M |
52-week high/low | €6.17 - €1.32 |
| Dividends | No |
Beta | 1.37 |
P/E ratio | -0.61 |
PEG ratio | -0.01 |
P/B ratio | 0.20 |
P/S ratio | 0.13 |
Company profile
| Name | Xylo Technologies Ltd |
| CEO | Liron Carmel |
| Employees | 38 |
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