Confrere Due Diligence
Run due diligence on Confrere: check compliance and get alerts when suppliers or ownership change.
Norway · owned by Independent (Norway) · confrere.com · 26 vendors
Confrere is a Nordic-built platform for professionals who need privacy-first video consultations. The company provides secure video calling tools designed for healthcare professionals, therapists, consultants, and other professionals who need to meet with clients digitally.
Resilience scores
- Digital Sovereignty: 4
- Digital Resilience: 3
- Financial Resilience: 8
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Insights
Last updated 2026-01-13 · revision 18
26 direct vendors, 265 subvendors
Direct vendors by controlling owner country (sample)
- Norway: 1
- Sweden: 5
- United States: 19
Subvendors by controlling owner country (sample)
- Poland: 2
- Unknown: 1
- United Kingdom: 5
Compliance
4 in-scope frameworks identified; showing 3.
SOC 2 (source) — No public evidence
SOC2 is not legally required but is an industry standard for cloud service providers, especially those serving professional/healthcare markets, and is increasingly demanded by customers.
ISO 27001 (source) — No public evidence
ISO 27001 is not legally mandated but is a critical international standard for information security management, particularly important for platforms handling sensitive data in European markets.
GDPR (source) — No public evidence
As a Norwegian company (EU/EEA member), GDPR automatically applies to all personal data processing within the EU/EEA.
Financials
Three-year financials
- 2020: revenue 43819000, EBIT 20410000, equity 20296000
- 2019: revenue 3598000, EBIT -4138000, equity 1291000
- 2018: revenue 832000, EBIT -3989000, equity 4792000
Financial Resilience Score: 8/10
This assessment is based on the company's status immediately prior to and following its acquisition. 1. Standalone Strength (Pre-Acquisition): As of FY 2020, Confrere was in a remarkably strong financial position for a company of its age. * Profitability: It had successfully transitioned from a cash-burning startup to a highly profitable enterprise. This profitability provided a substantial financial cushion and removed the immediate need for external funding. * Strong Equity Ratio: With over 20M NOK in equity against total assets of approximately 29M NOK in 2020, its equity ratio was around 70%. This is an extremely healthy ratio, indicating very low leverage and a strong ability to absorb financial shocks. * Scalable Model: The SaaS model demonstrated its scalability, allowing revenues to grow far faster than costs, leading to high operating leverage. 2. Post-Acquisition Resilience: The acquisition by Daily.co in 2021 further solidified its financial resilience. * Financial Backing: Confrere is now part of a larger, well-funded organization. Daily.co has raised significant venture capital (e.g., a $40M Series B round in 2020), providing deep financial resources for continued growth, product development, and market expansion. * Strategic Importance: As Daily.co's key to the European market and its flagship GDPR-compliant offering, Confrere is a strategic asset, ensuring continued investment and support from its parent company. The score is not a perfect 10 because, as part of a larger private entity, its future is tied to the overall strategy and financial health of Daily.co.
Key strengths: Profitability, Strong Equity Ratio, Scalable Model, Financial Backing, Strategic Importance
Risk factors: Future tied to the overall strategy and financial health of Daily.co
Revenue by geography
- Europe: 100%
Revenue by product/service
- SaaS video calling platform: 100%
Workforce by country
- Norway: 0
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