KDS
Financials
Estimates*
EUR | 2015 | 2016 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | (15 %) |
EBITDA | (<1m) | <1m |
% EBITDA margin | - | 28 % |
Profit | (<1m) | <1m |
% profit margin | (2 %) | 26 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$13.0m | Late VC | ||
N/A | Acquisition | ||
Total Funding | $13.0m |
Recent News about KDS
EditKDS operates in the travel and expense management sector, providing a comprehensive platform designed to streamline the booking and expense filing processes for business travelers. The company's core product, Neo, offers a user-friendly interface that allows users to book travel and manage expenses from both desktop and mobile devices. KDS primarily serves corporate clients, including finance teams and business professionals who require efficient travel and expense solutions. The market for travel and expense management is substantial, with business travel spend projected to reach $1.7 trillion by 2022. KDS's business model revolves around a subscription-based service, generating revenue through licensing fees paid by corporate clients. The platform's value proposition lies in its ability to reduce the time and effort required for booking travel and filing expenses, thereby improving productivity and reducing operational costs for businesses.
Keywords: travel management, expense filing, business travel, corporate clients, Neo platform, efficiency, productivity, subscription service, operational costs, mobile booking.