2023 Revenue
$290.3M
Funding
$0
Team
1.1K
Founded
2016
How Addverb CEO Sangeet Kumar grew to $290.3M revenue with a 1119 person team in 2023.
Addverb Technologies offers comprehensive Industrial Engineering Solutions, Design Consultation, and System Integration for Automated Material Handling Systems, enhancing technologies throughout your supply chain to unlock its full potential. We're dedicated to improving your operations sustainably, granting you a competitive edge by fortifying your entire supply chain. Our deep technical knowledge and robust processes give your supply chain a new dimension, ensuring efficiency and innovation at every step.
Our services include Consulting, Warehouse Automation, Robotics, and Software Solutions for Warehouses and Factories, such as Warehouse Management Systems (WMS), Warehouse Control Systems (WCS), and Manufacturing Execution Systems (MES). Additionally, we provide IoT-based solutions tailored for industries, aiming to streamline operations and boost productivity. Our focus is on delivering high-quality, cutting-edge solutions that meet the unique needs of our clients, ensuring their operations are optimized, future-proof, and scalable.
Last updated
Addverb Revenue
In 2023, Addverb's revenue reached $290.3M. Since its launch in 2016, Addverb has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Addverb Hit $290.3m revenue in December 2023 | |
| 2016 | Launched with $0 revenue |
Addverb Valuation, Funding Rounds
Addverb is a bootstrapped IoT Platforms startup. Founded in 2016, Addverb has grown to $290.3M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Platforms SaaS company, Addverb has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| 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 Addverb yet.
Addverb Employees & Team Size
Addverb employs approximately 1.1K people as of 2026, up from 1.1K in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 1.1K employees (December 2023) |
| 2022 | Reached 1.1K employees (December 2022) |
Frequently Asked Questions about Addverb
What is Addverb's revenue?
Addverb generates $290.3M in revenue.
Who founded Addverb?
Addverb was founded by Sangeet Kumar.
Who is the CEO of Addverb?
The CEO of Addverb is Sangeet Kumar.
How much funding does Addverb have?
Addverb raised $0.
How many employees does Addverb have?
Addverb has 1.1K employees.
Where is Addverb headquarters?
Addverb is headquartered in New Delhi, India.
Compare Addverb to the industry
Addverb operates across multiple industries. Browse revenue, funding, and growth data for Addverb in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Mafengwo
Mafengwo is a Chinese travel SNS website that enables users to share travel experiences with each other. It provides comprehensive travel information and booking services for independent travelers, focusing on building online communities.
freshrealm.com
FreshRealm is the most optimized fresh food platform in the world, powering the food industry to deliver fresh food to everyone, every day, everywhere. It provides end-to-end solutions for fresh meal kits and ready-to-eat meals.
Kaseya
Kaseya is a software company based in Miami, Florida that provides IT management and remote monitoring software solutions. The company was founded in 2000 and has since grown to become a leader in the IT management industry. Kaseya's platform allows businesses to manage and monitor IT infrastructure, automate IT tasks, and provide remote support to end-users. The company offers a range of products, including Kaseya VSA, Kaseya BMS, Kaseya Traverse, and Kaseya AuthAnvil, which are used by Managed Service Providers (MSPs) and businesses of all sizes and industries around the world. Kaseya is known for its user-friendly interface, robust features, and flexible deployment options, including on-premises, cloud, and hybrid environments.
Coditas
Coditas is a technology consulting and software development company that helps businesses to build custom software solutions, accelerate innovation, and transform their digital capabilities. The company offers a range of services, including custom software development, cloud migration, DevOps consulting, and digital transformation, to help businesses adapt to the fast-changing technology landscape. Coditas''s team of experts works closely with clients to understand their business needs, develop customized solutions, and provide ongoing support to ensure the success of their digital initiatives. The company''s mission is to help businesses leverage technology to drive innovation and growth, and to create value for their customers and stakeholders.
Levi Ray & Shoup Inc.
LRS is a software company that owns and operates LRS.com, providing document and output management solutions. The company's products help businesses to manage, secure, and streamline their document workflows across various platforms and devices, including print, email, and mobile. LRS's solutions are designed to help organizations improve document security, reduce printing costs, and enhance document accessibility.
Color
Color is a healthcare delivery platform that offers cancer prevention, screening programs, and integrated virtual cancer care with early detection and personalized guidance.
