TeamViewer

TeamViewer

TeamViewer As a global technology company and leading provider of a connectivity platform, TeamViewer makes it possible to remotely access, control, manage, monitor and repair devices of all kinds – from laptops and mobile phones to industrial machines and robots. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues456m501m566m627m669m713m765m
% growth17 %10 %13 %11 %7 %7 %7 %
EBITDA245m165m204m216m290m318m342m
% EBITDA margin54 %33 %36 %34 %43 %45 %45 %
Profit103m50.1m67.6m114m119m141m159m
% profit margin23 %10 %12 %18 %18 %20 %21 %
EV / revenue20.2x5.4x3.7x3.7x3.5x2.9x2.4x
EV / EBITDA37.6x16.4x10.4x10.8x8.0x6.6x5.4x
R&D budget46.6m62.1m69.5m80.1m---
R&D % of revenue10 %12 %12 %13 %---

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

Seed

N/A

-

N/A

Angel

N/A

Series A

€870m

Valuation: €870m

Buyout
N/A

€2.2b

Valuation: €5.3b

IPO
Total Funding-

Recent News about TeamViewer

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More about TeamViewerinfo icon
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TeamViewer is a global technology company based in southern Germany, specializing in remote desktop access solutions. The company provides software that allows users to connect to remote computers, offer remote support, and collaborate online. This service is particularly useful for businesses that need to manage IT support, conduct remote work, and facilitate online collaboration. TeamViewer serves a diverse range of clients, including enterprises, small and medium-sized businesses, and individual users.

Operating in the remote access and support market, TeamViewer's software is designed to be user-friendly and secure, enabling users to access and control devices from anywhere in the world. The company has a strong presence in various sectors, including energy, agriculture, and transportation, as evidenced by its partnerships with companies like Leitner Ropeways and Trimble. TeamViewer also supports mobile devices and offers solutions that leverage augmented reality (AR) to enhance remote support capabilities.

TeamViewer's business model is primarily subscription-based. Clients pay for licenses to use the software, which can be tailored to their specific needs. The company offers different pricing tiers, catering to both individual users and large enterprises. Additionally, TeamViewer provides free access for personal use, which helps to build brand awareness and potentially convert individual users into paying customers.

Revenue is generated through the sale of these licenses, as well as through additional services such as training and support. In 2021, TeamViewer reported invoiced sales of 460 million euros, reflecting its strong market position and the growing demand for remote access solutions.

In summary, TeamViewer is a leading provider of remote desktop access and support solutions, serving a wide range of clients across various industries. The company operates on a subscription-based model and continues to innovate in the field of digitalization.

Keywords: remote access, remote support, collaboration, subscription-based, enterprise solutions, mobile support, augmented reality, digitalization, global technology, IT management.

Tech stack

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

Investments by TeamViewer

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Ubimax
ACQUISITION by TeamViewer Jul 2020
Hapibot Studio
ACQUISITION by TeamViewer 2021
xaleon.com
ACQUISITION by TeamViewer Jan 2021