ResearchGate
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | 29.5m | 15.9m | 17.4m | 21.0m | 29.7m | 32.4m |
% growth | - | - | (46 %) | 9 % | 21 % | 42 % | 9 % |
EBITDA | (11.6m) | (8.3m) | (6.9m) | (4.3m) | 1.5m | - | - |
% EBITDA margin | - | (28 %) | (43 %) | (25 %) | 7 % | - | - |
Profit | (13.3m) | (9.0m) | (8.9m) | (6.7m) | (1.1m) | - | - |
% profit margin | - | (31 %) | (56 %) | (39 %) | (5 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Series A | ||
N/A | Series B | ||
$35.0m | Series C | ||
* | €47.9m | Series D | |
Total Funding | $87.7m |
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EditResearchGate operates as a comprehensive platform designed for the scientific community, enabling researchers to share their work, collaborate with peers, and gain visibility. The platform serves a diverse range of clients including scientists, academic institutions, and research organizations. Operating in the global scientific research market, ResearchGate facilitates the dissemination and discovery of scientific knowledge by providing access to over 135 million publication pages. The business model is primarily based on offering free membership to researchers while generating revenue through marketing solutions and recruitment services. Companies and institutions can advertise their brands and job openings to a targeted audience of scientists, thereby growing their impact within the scientific community. ResearchGate also provides tools for researchers to measure the impact of their work through detailed statistics on readership and citations.
Keywords: scientific collaboration, research sharing, academic networking, publication access, researcher recruitment, scientific community, impact measurement, marketing solutions, global research, peer collaboration.