Helverth · Investment thesis
How much market you can serve at each investment level
Each funding threshold unlocks another layer of the sawmill market. Europe — 45,000 active commercial sawmills. Mean ARPU: €620/mo. TAM: €335M ARR.
€0€200k€1.2M€5M€22M
Tier 1
up to €200k
Seed · Pilot
10–18
pilot mills
Tier 2
€200k – €1.2M
Series A · Growth
80–160
active installs
Tier 3
€1.2M – €5M
Scale-up · CEE + Nordics
500–1,100
active installs
Tier 4
€5M – €22M
Pan-European · Exit ready
2,500–6,000
active installs
Europe TAM
€335M
45,000 mills × €7,440/yr
SAM (CEE + Nordics)
€166M
22,400 commercial mills
SOM — realistic target
€28–45M
at €5–22M invested / 5 yrs