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2024 Revenue

$1.9M

Funding

$0

YOY

48.7%

Team

16

Founded

2015

How Adoveo CEO Martin Roden grew to $1.9M revenue with a 16 person team in 2024.

Provider of video advertising software intended to create engaging and incentivizing video campaigns. The company's software provides users with vouchers directly on their mobile for viewing commercials which creates a positive brand association to meet the interest and needs of selected target groups and integrated to programmatic media buying, enabling marketers to measure their brand conversions and improve marketing campaigns.

Last updated

Adoveo Revenue

In 2024, Adoveo's revenue reached $1.9M. The company previously reported $1.3M in 2023. Since its launch in 2015, Adoveo has shown consistent revenue growth.

Adoveo Revenue GrowthReported revenue / ARR over time$0$400K$800K$1.2M$1.6M$2M201520172019202120232024$0$879.7K$1.3M$1.9MSource: GetLatka.com
YearMilestoneQuote
2024Adoveo Hit $1.9m revenue in October 2024
2023Adoveo Hit $1.3m revenue in December 2023
2021Adoveo Hit $879.7k revenue in April 2021
2015Launched with $0 revenue

Adoveo Valuation, Funding Rounds

Adoveo is a bootstrapped Video Advertising Software startup. Founded in 2015, Adoveo has grown to $1.9M in revenue without raising any venture capital or outside funding.

As a self-funded Video Advertising Software SaaS company, Adoveo has built its business with no outside investment.

Adoveo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12015Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founders

Martin Roden

CTO, Founder

Martin Rödén is the CEO, Founder at Adoveo. Additionally, Martin Rödén has had 1 past job as the Sales Director at Teligent Telecom.

Stina Varsikko

Chief Executive Officer

Stina Varsikko is listed as Chief Executive Officer at Adoveo.

Q&A

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Customers

We do not have customer count information for Adoveo yet.

Adoveo Employees & Team Size

Adoveo employs approximately 16 people as of 2026, down from 19 in 2023.

Adoveo Team GrowthReported headcount over time0510152025201520172019202120232024001616Source: GetLatka.com
YearMilestone
2024Reached 16 employees (October 2024)
2023Reached 19 employees (December 2023)
2022Reached 22 employees (December 2022)
2021Reached 16 employees (December 2021)
2021Reached 15 employees (April 2021)

Frequently Asked Questions about Adoveo

What is Adoveo's revenue?

Adoveo generates an estimated $1.9M in annual revenue.

Who founded Adoveo?

Adoveo was founded by Martin Roden.

Who is the CEO of Adoveo?

The CEO of Adoveo is Martin Roden.

How much funding does Adoveo have?

Adoveo is bootstrapped and has not raised outside funding.

How many employees does Adoveo have?

Adoveo has 16 employees.

Where is Adoveo headquarters?

Adoveo is headquartered in Stockholm, Sweden.

Compare Adoveo to the industry

Adoveo operates across multiple industries. Browse revenue, funding, and growth data for Adoveo 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.

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