Latka logo

How 42 Ventures CEO Ned Stringham grew 42 Ventures to $64.3K revenue with a 1 person team in 2023.

42.ventures is a venture capital investment firm and an incubator that prefers to invest in the software-as-a-service, mobile software, artificial intelligence and big data sectors. The firm was founded in 2006 and is based in Salt Lake City, Utah.

Last updated

42 Ventures Revenue

In 2023, 42 Ventures's revenue reached $64.3K. The company previously reported $53.6K in 2021. Since its launch in 2006, 42 Ventures has shown consistent revenue growth.

42 Ventures Revenue GrowthReported revenue / ARR by year$0$15K$30K$45K$60K$75K2006200820102012201420162018202020222023$0$54K$64KSource: GetLatka.com
YearMilestone
202342 Ventures Hit $64.3k revenue in December 2023
202142 Ventures Hit $53.6k revenue in April 2021
2006Launched with $0 revenue

42 Ventures Valuation, Funding Rounds

42 Ventures's most recent disclosed valuation is $193K.

42 Ventures is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2006, 42 Ventures has grown to $64.3K in revenue without raising any venture capital or outside funding.

As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, 42 Ventures has built its business with no outside investment.

42 Ventures Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120062006 cumulative: $0 • 2006 Founded: $02006 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

42 Ventures Employees & Team Size

42 Ventures employs approximately 1 people as of 2026.

42 Ventures has 1 total employees in different roles and functions.

42 Ventures Team GrowthReported headcount over time00111120062008201020122014201620182020202220230011Source: GetLatka.com
YearMilestone
2023Reached 1 employees (December 2023)
2022Reached 1 employees (December 2022)
2021Reached 1 employees (December 2021)
2021Reached 1 employees (April 2021)

Founder / CEO

Ned Stringham

Ned Stringham is listed as Founder / CEO at 42 Ventures.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for 42 Ventures yet.

Frequently Asked Questions about 42 Ventures

What is 42 Ventures's revenue?

42 Ventures generates $64.3K in revenue.

Who founded 42 Ventures?

42 Ventures was founded by Ned Stringham.

Who is the CEO of 42 Ventures?

The CEO of 42 Ventures is Ned Stringham.

How much funding does 42 Ventures have?

42 Ventures raised $0.

How many employees does 42 Ventures have?

42 Ventures has 1 employees.

Where is 42 Ventures headquarters?

42 Ventures is headquartered in Salt Lake City, Utah, United States.

Compare 42 Ventures to the industry

42 Ventures operates across multiple industries. Browse revenue, funding, and growth data for 42 Ventures in each sector below.

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 .

42 Ventures Revenue 2023: $64.3K ARR, $193K Valuation