Gong Revenue: The Dated Record From $6M to $500M ARR

Gong crossed $500 million in annual recurring revenue at the end of April 2026. That is not an analyst guess: the company said it itself in a May 12, 2026 press release, which also put growth above 55% year over year and called the most recent quarter its tenth straight quarter of accelerating growth. Gong is private and publishes no audited financials, so the honest way to read its revenue is as a handful of company-stated milestones with estimates filling the gaps between them. This page keeps the two separate.

Gong revenue, year by year

The early numbers come from founder and CEO Amit Bendov himself, shared in interviews with GetLatka and recorded on Gong's company page: $6 million in ARR in February 2018, $32 million in February 2019, and $60 million in August 2020 — the month Forbes reported revenue had tripled during the pandemic as remote selling took off. After 2020, Gong went quiet on specifics for several years, and the record shifts to database estimates until the company started talking again in 2025.

GetLatka's table also lists $332.3M for October 2024. That row conflicts with the public record — see below.

The two company-stated endpoints close arithmetically: $300 million in early 2025 to $500 million-plus by the end of April 2026 works out to roughly 55–65% annualized, which is exactly the growth rate Gong claims. The estimates in between sit on a plausible curve from $60 million in 2020 to $285 million in 2023, but nobody outside the company has confirmed them.

Where the numbers disagree

Funding and valuation: $583M raised, a $7.25B peak, a $4.5B reality check

Gong raised across seven rounds between 2016 and 2021: a $6 million seed in June 2016, $22 million in Series A money across 2017–2018, a $40 million Series B in February 2019, and a $65 million Series C in December 2019 that GetLatka records at a $750 million valuation. Then the two big ones. In August 2020, Gong raised a $200 million Series D at a $2.2 billion valuation — led by Coatue, with Index Ventures, Salesforce Ventures, and Thrive Capital joining, per the company's own announcement. (Earlier backers include Battery Ventures, Norwest Venture Partners, Sequoia Capital, NextWorld Capital, and Wing Venture Capital.) Crunchbase News put total funding at $334 million after that round. In June 2021, Franklin Templeton led a $250 million Series E at a $7.25 billion valuation, and Gong's own release put the lifetime total at $584 million.

The sums close: 6 + 22 + 40 + 65 + 200 + 250 is $583 million, a rounding hair under the company's $584 million. Both the “$334 million” and “$583 million” figures you may see quoted are correct — they are simply totals as of different dates, before and after the Series E. An earlier version of this article ran both without saying so, which read as a contradiction. It wasn't; it was sloppy dating.

The valuation story since 2021 is less flattering and worth stating plainly. In November 2025, Calcalist reported that Gong shares changed hands in a secondary sale via Nasdaq Private Market at roughly a $4.5 billion valuation — about 38% below the Series E price. A secondary trade is investors pricing existing shares, not the company raising at a new mark, so it is a softer signal than a down round. But note what happened underneath it: at $7.25 billion in June 2021, Gong was priced at roughly 60 times GetLatka's $120 million ARR estimate for that year; the $4.5 billion secondary against April 2026's $500 million is 9 times. The valuation fell while revenue roughly quadrupled. The multiple compressed. The business didn't.

What's behind the $500M

Gong was founded in 2015 by Bendov and Eilon Reshef and sells what it named the revenue intelligence category: software that records and analyzes sales calls, emails, and meetings, now wrapped in an AI layer the company credits for its reacceleration. The May 2026 release says Gong serves more than 5,000 companies, counts half of the Fortune 10 as customers, and has posted ten consecutive quarters of accelerating growth — an unusual claim for a company at half a billion in ARR, and one only Gong's own numbers can support. TechCrunch framed the $300 million milestone in March 2025 as putting Gong on an IPO path. As of this writing, no filing has surfaced, and Gong remains private — which means every figure on this page is either the company talking its own book or an outsider's estimate. We've labeled which is which.