Tofte & Company – Leading Nordic marketing automation software provider Agillic listed on NASDAQ First North Copenhagen
Agillic, headquartered in Copenhagen, Denmark, has developed a state of the art product for marketing departments to plan and execute their omnichannel marketing strategy. By using the Agillic platform the clients can communicate with end customers at the right time and right place with the right message resulting in an considerably increased effect of their marketing communication. The company has recently added artificial intelligence to their product offering which further enhances the value for the clients. The mission of the company is to allow their clients to communicate personally and relevant with their customers and thereby effectively kill spam.
Agillic has raised 37 MDKK in connection with the listing to be used for future growth and expansion particularly in the UK and Swedish market. The offer of shares was oversubscribed by 33% of shares offered to the public.
With a strong foothold in Scandinavia, Agillic is tapping into a 37 BNUSD worldwide marketing technology market which is expected to double over the next 5 years. The business model is based on a recurring Software as a Service subscription model with a high degree of revenue predictability.
“We have throughout the process been impressed by the professionalism of Tofte & Company. They have particularly impressed us with their business understanding. Marketing automation technology is probably not the easiest thing to understand but Tofte & Company helped us present our business in an easy and understandable way,” says Jesper Valentin, CEO of Agillic. “We have now secured funding to pursue the huge market opportunity we have in front of us and I am delighted with the support we have received throughout the process.”
“We are happy to see Tofte & Company taking their first case successfully to the market only a short time after having joined as Certified Adviser,” says Carsten Borring, Head of Listings at NASDAQ.
“Agillic is an amazing company that we have been following for several years. They have the right product at the right time and the right team to make it happen which is why they are growing so aggressively. Their mission is clear and so is the value proposition towards their clients. I am truly grateful that Agillic chose us to help them in their listing process and I cannot wait to follow the company as it continues to expand into other markets,” says Thomas Tofte, Managing Partner at Tofte & Company.
Agillic, headquartered in Copenhagen, is the leading marketing automation technology provider in Scandinavia. The Agillic platform offers its clients the ability to communicate to customers with personalised messages, through multiple channels, at scale, and thereby increasing the effect of marketing activities considerably. As a technological frontrunner in the industry, Agillic offers predictive models based on artificial intelligence which further enhances the effectiveness of the platform. With flagship customers such as Matas, SPORTMASTER, Banco Santander, Storytel og Egmont Publishing, the company has grown the annual recurring revenue with more than 60% year over year in 2016 and 2017 and is now ready for an European expansion.