#42 all-time
Exit · May 2019
Brand Embassy
→ NICE 🇮🇱
€30M≈ CZK 750M
A spreadsheet full of green. Finally.
Brand Embassy was sold to NICE (Israel) in May 2019 for €30M (about CZK 750M). It ranks #42 among Czech tech exits with a disclosed price. Founded in 2011, it took 8 years to get there. The company was founded by Vít Horký and Damian Brhel. It raised €900K from investors and sold for 33.3× that. Investors: Reflex Capital, Rockaway, StartupYard, LRJ Capital, Startec Ventures, Jan Zadak and others.
- Buyer
- NICE
- Buyer country
- 🇮🇱 Israel
- Founded
- 2011
- Founding to exit
- 8 years
- Founders
- Vít Horký, Damian Brhel
- Investors
- Reflex Capital, Rockaway, StartupYard, LRJ Capital, Startec Ventures, Jan Zadak, Terry Valeski, Laurent Philonenko
- Raised from investors
- €900K
- Multiple
- 33.3×
- Revenue
- 1-4 mil. EUR
Converted
10.7 millionbeers
3 millionplates of svíčková
1,000Škoda Octavias
100Lamborghinis
83Prague flats
0.75superyachts
0.2tickets to the Moon