We're building the operating system for building mobility — globally. By 2031 Yedem reaches €100M ARR, and becomes the strategic asset that industrial giants, automotive OEMs, mobility platforms, and private equity actively compete to acquire.
Each leg of the climb is funded by the previous one. The current €500k strategic round (Sales + Product) lands the playbook. By 2027 we're at €1.5M ARR and breakeven. By 2029 we've crossed €18M ARR with European scale. 2031 is the inflection — €100M ARR, global presence, strategic exit window open.
Bottom-up: ~350M office & enterprise parking spaces globally, digitizable at €10/month each. Top-down: smart parking software market hits $24B by 2030 (13.6% CAGR), smart building market $307B. Yedem at €100M ARR in 2031 is still a small slice of a rapidly digitizing pie.
At €100M ARR with 90% gross margin and category-leading position in mobility-for-buildings, Yedem becomes a strategic asset for four buyer types — each with credible recent precedent for $1B+ acquisitions. These four are the primary exit paths.
Beyond the top three, multiple categories of strategic buyers operate at $300M–$1B deal sizes. These provide credible fallback paths and competitive tension during a sale process.
Sector-specific acquirers with smaller deal sizes but high strategic relevance. These represent fallback paths and create competitive tension.
$1B exits in mobility, workplace, building, and vertical SaaS are not theoretical — they're frequent. The table below shows recent precedent deals that establish the multiple range and strategic logic for a Yedem exit.
| Acquirer | Target | Category | Year | Deal Size |
|---|---|---|---|---|
| Schneider Electric | AVEVA | Industrial SW | 2023 | $11.0B |
| Cisco | Splunk | Vertical SaaS | 2024 | $28.0B |
| Salesforce | Slack | Workplace SaaS | 2021 | $27.7B |
| Siemens | Mentor Graphics | Industrial SW | 2017 | $4.5B |
| IBM | HashiCorp | Infra SaaS | 2024 | $6.4B |
| Salesforce | Vlocity | Vertical Industry Cloud | 2020 | $1.3B |
| Hyundai | Boston Dynamics | Mobility / Robotics | 2020 | $1.1B |
| Uber | Careem | Mobility Platform | 2019 | $3.1B |
| Honeywell | Intelligrated | Industrial SW | 2016 | $1.5B |
| JLL | Building Engines | PropTech | 2021 | $300M+ |
| DoorDash | Wolt | Mobility / Logistics | 2022 | $8.1B |
| Iconix (Eptura merger) | iOFFICE + SpaceIQ + Condeco | Workplace SaaS | 2022 | $1.0B+ |
| VTS (last private round) | — | PropTech SaaS | 2022 | $1.7B val |
| ServiceTitan (IPO) | — | Vertical SaaS IPO | 2024 | $9.0B / $700M ARR |
| Procore (IPO) | — | Construction SaaS IPO | 2021 | $9.0B+ |
Strategic acquisition is the base case — but if 2031 market conditions favor independence, Yedem at €100M ARR with category leadership is a credible public-market candidate.
ServiceTitan IPO'd at $9B with $700M ARR (12.8× revenue multiple). Procore IPO'd at $9B+, Toast at $20B, Confluent at $9.1B — all vertical SaaS comparables for category leaders in growth phase.
At €100M ARR growing 50%+ with 90% gross margin, Yedem fits the public market profile. IPO valuation range: $1.5–3B+ depending on growth rate and market conditions — providing optionality if private-market strategic offers come in below ambition.
Bottom line: IPO is the alternative, not the plan. Strategic acquisition by industrial / OEM / PE is the most-likely exit. But the public-market option creates competitive tension and a credible BATNA for negotiation.