How 11870 CEO Jesus Encinar grew 11870 to $1M revenue and 4.4M customers in 2023.
Developer of an online leisure and service directories portal designed to provide guidance regarding recommendations and trends of leisure, gastronomy and restoration. The company's portal is an online application, enabling users to share opinions, photos and videos along with discussing things such as budgets for their homes.
Last updated
11870 Revenue
In 2023, 11870's revenue reached $1M. The company previously reported $840.2K in 2021. Since its launch in 2006, 11870 has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2023 | 11870 Hit $1m revenue in December 2023 |
| 2021 | 11870 Hit $840.2k revenue in April 2021 |
| 2006 | Launched with $0 revenue |
11870 Valuation, Funding Rounds
11870 is a bootstrapped SaaS startup. Founded in 2006, 11870 has grown to $1M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, 11870 has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
11870 Employees & Team Size
11870 employs approximately 9 people as of 2026.
11870 has 9 total employees in different roles and functions and 2 sales reps that carry a quota. They have 4.4M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2023 | Reached 9 employees (December 2023) |
| 2022 | Reached 9 employees (December 2022) |
| 2021 | Reached 9 employees (December 2021) |
| 2021 | Reached 10 employees (April 2021) |
Founder / CEO
Jesus Encinar
Founder and CEO of 11870 and idealista.com, the largest Spanish property website and 11870.com, a web 2.0 community for sharing opinions on sites and services anywhere in the world. Formerly worked in brand creation.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how 11870 acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about 11870
What is 11870's revenue?
11870 generates $1M in revenue.
Who founded 11870?
11870 was founded by Jesus Encinar.
Who is the CEO of 11870?
The CEO of 11870 is Jesus Encinar.
How much funding does 11870 have?
11870 raised $0.
How many employees does 11870 have?
11870 has 9 employees.
Where is 11870 headquarters?
11870 is headquartered in Madrid, Spain.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .