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Internxt increases its revenue by 80% compared to 2021

Internxt continues to grow at an unstoppable rate. The Spanish company specialized in promoting user privacy and led by Fran Villalba Segarra, has decided to bet on international talent, coming from the CERN or companies in the tech sector such as ProtonMail, NordVPN, SemRush, and CoverWallet.

Thanks to these additions, Internxt has closed the first quarter of 2022 billing 80% more than in all of 2021significantly improving its product and sales strategy, thus improving the results obtained throughout the year 2021.

As an innovative startup, attracting talent is in its DNA and it is something that has always been very present since its inception. This incorporation of more senior qualified profiles began at the end of 2021 with the incorporation of Jorge Tejero, CFO of Inveready and has continued to grow in the first quarter of 2021 with the arrival of Mia Naumoska as CMO (ex-ProtonMail), Joan Mora as product manager (ex CoverWallet), Maria Nikiforova as graphic designer & community manager (ex-SemRush), Fabio Espinosa as Senior Software Enginner (ex-CERN) and Agne Zukauskaite as Partnership Manager (ex ProtonMail).

“At Internxt we believe that talent is the basis of everything we are doing. Our team is essential to be able to guarantee that our product and our metrics continue to grow. This year we hope to multiply last year’s income by ten, which, in turn, will have a very positive impact on the company and its team”explains Fran Villalba, CEO of Internxt.

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International projection in cybersecurity and technology

Internxt has positioned itself as one of the startups with the greatest international projection in the technological and cybersecurity field with the launch of its Internxt Drive, Token, Send and Photos services, which allow users to store and cShare your documents and photos in the cloud in an encrypted waythus protecting your data.

Thanks to these services, the Valencian startup is present in the United States and Europe, as its main markets, and has also experienced a
great growth in territories such as Latin America and Asia. In addition, its B2B business unit already accounts for 20% of the company’s turnover.

As forecasts for the rest of 2022, Internxt wants to continue professionalizing and growing its team from the 20 employees it currently has to 30 professionals to continue improving its Internxt Drive, Send, Scan, Token, Photos solutions and launch new products for Internxt’s Web3 suite. Regarding economic forecasts, the Valencian company expects to reach four million euros in turnover.

“This 2022 has started very strong. We hope to exceed the turnover of four million euros this year, with very low costs. The gross margin we have it is 90%, since storage costs are very low, and we do not have an outbound sales team. This is far from the marketplace model of other companies, in which the margins are insignificant» Villalba states and further explains, “this allows us to continue growing at this rate, given that we can reinvest all this mass of capital in growth. This year we will also end with positive EBITDA. We are very happy with the evolution of the company in recent months”he concludes.

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