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Accel 2021 Euroscape: On the path to global dominance?

Cracking the Code

While the average forward revenue multiple has declined slightly since its February 2020 peak (19x), it’s still higher today than last year at 17x vs 15.8x The Index added another $0.9T in value in the past year and the pace of growth is accelerating. The average growth rate of the companies increased from 18% last year to 26% this year.

Global 62
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Startup Grind Turns the Tables on Mark Suster

Both Sides of the Table

His father came from Romania. So my family is Jewish and very typical immigration story – his father left Romania at 19, had to get a fake passport in order to get out of the country, left and never went back, and left in the middle of winter and got frostbite. He grew up in Colombia, South America. ” I said, “Why?”

Cofounder 337
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The rise of European SaaS: apply now to be included in the Accel Euroscape 2019

Cracking the Code

For example, UiPath, the leading Robotic Process Automation company from Romania, valued at $7 billion, may well be one of the fastest-growing enterprise software companies of the decade, with revenues growing from $5 million to $200 million in around 30 months.

Europe 48
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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

with less competition and a large market, Snaptu has been able to generate revenues through mobile ads and operated a revenue share with its partners. One of the differentiators of Snaptu, is that the company chose the feature-phone market as its core audience.

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2020 Accel Euroscape: Decacorn Unleashed

Cracking the Code

The average revenue multiple is now 17x+, close to 10 times higher than during the 2008 crisis! The founders refocused their foundation to help fight COVID in Romania, achieving a massive impact. It seems unstoppable with around $1 trillion of value created in the past 12 months and the Cloud Index massively outperforming the Nasdaq.

Europe 71