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2024 Revenue

$32.7M

Customers

100

Funding

$0

YOY

18.4%

Avg ACV

$327.1K

Team

46

Founded

2010

How Adservio CEO Alexandru Holicov grew to $32.7M revenue and 100 customers in 2024.

Adservio is an online school management platform that connects teachers with parents and students.

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Adservio Revenue

In 2024, Adservio's revenue reached $32.7M. The company previously reported $27.6M in 2023. Since its launch in 2010, Adservio has shown consistent revenue growth.

Adservio Revenue GrowthReported revenue / ARR over time$0$7.5M$15M$22.5M$30M$37.5M20102012201420162018202020222024$0$18.7M$32.7MSource: GetLatka.com
YearMilestoneQuote
2024Adservio Hit $32.7m revenue in October 2024
2023Adservio Hit $27.6m revenue in December 2023
2021Adservio Hit $18.7m revenue in March 2021
2010Launched with $0 revenue

Adservio Valuation, Funding Rounds

Adservio is a bootstrapped School Management Software startup. Founded in 2010, Adservio has grown to $32.7M in revenue without raising any venture capital or outside funding.

As a self-funded School Management Software SaaS company, Adservio has built its business with no outside investment.

Adservio 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$12010Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founders

Alexandru Holicov

Founder & CEO

Alexandru Holicov is listed as Founder & CEO at Adservio.

Mihai Mocanu

CMO

Mihai Mocanu is listed as CMO at Adservio.

Q&A

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

Customers

Adservio serves 100 customers.

Adservio Employees & Team Size

Adservio employs approximately 46 people as of 2026, up from 43 in 2023. It serves 100 customers that rely on its solutions.

Adservio Team GrowthReported headcount over time030609012015020102012201420162018202020222024004646Source: GetLatka.com
YearMilestone
2024Reached 46 employees (December 2024)
2024Reached 44 employees (March 2024)
2023Reached 43 employees (December 2023)
2022Reached 51 employees (December 2022)
2021Reached 35 employees (December 2021)
2021Reached 142 employees (March 2021)

Frequently Asked Questions about Adservio

What is Adservio's revenue?

Adservio generates an estimated $32.7M in annual revenue.

Who founded Adservio?

Adservio was founded by Alexandru Holicov.

Who is the CEO of Adservio?

The CEO of Adservio is Alexandru Holicov.

How much funding does Adservio have?

Adservio is bootstrapped and has not raised outside funding.

How many employees does Adservio have?

Adservio has 46 employees.

Where is Adservio headquarters?

Adservio is headquartered in Lasi, Romania.

Compare Adservio to the industry

Adservio operates across multiple industries. Browse revenue, funding, and growth data for Adservio 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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Adservio Revenue 2024: $32.7M ARR (Bootstrapped)