Pexip

Pexip

Enables enterprises and organizations of any size to deploy and use video-based communication and collaboration. Learn more

Launch date
Employees
Market cap
$457m
Enterprise valuation
$392m (Public information from Sep 2024)
Norway (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
NOK2020202120222023202420252026
Revenues679m806m867m994m1.1b1.2b1.4b
% growth83 %19 %8 %15 %11 %12 %10 %
EBITDA17.3m(118m)(197m)146m186m257m291m
% EBITDA margin3 %(15 %)(23 %)15 %17 %21 %21 %
Profit(89.0m)(157m)(262m)(79.8m)99.8m142m169m
% profit margin(13 %)(20 %)(30 %)(8 %)9 %12 %12 %
EV / revenue8.2x4.4x1.1x2.2x2.8x2.5x2.2x
EV / EBITDA322.9x-30.2x-4.9x14.7x16.7x12.0x10.4x

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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Early VC
*

$360m

Merger
N/A

N/A

IPO
Total Funding-

Recent News about Pexip

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More about Pexipinfo icon
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Pexip operates in the video communication market, providing a secure and scalable platform that enables seamless video conferencing experiences for large organizations. The business serves a diverse range of clients, including enterprises, government agencies, and healthcare providers, who require robust and secure video communication solutions. Pexip's core offering is its video technology platform, which allows users to join any meeting from any room with the touch of a button, regardless of the technology platform or security requirements. The company generates revenue through a subscription-based business model, offering various pricing tiers based on the features and scale required by the client. Pexip differentiates itself by providing advanced security controls, including 256-bit AES GCM encryption and TLS1.3, ensuring the highest level of data protection. Additionally, the platform supports seamless interoperability, allowing integration with various video conferencing systems like Skype for Business and standards-based systems. Pexip also offers AI-powered features such as automatic noise removal and intelligent video framing to enhance the user experience. The company partners with channel resellers and technology alliance partners to expand its market reach and provide comprehensive support and training to its clients.

Keywords: video communication, secure platform, scalable, interoperability, enterprise, government, healthcare, subscription model, AI-powered, encryption.

Tech stack

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

Investments by Pexip

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Skedify
ACQUISITION by Pexip Nov 2021