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How ANGOKA CEO Koen Gijsbers grew to $5.5M revenue with a 35 person team in 2023.

ANGOKA is an innovative IoT security company dedicated to safeguarding machine-to-machine (M2M) communications within Smart Cities and Mobility sectors. With its headquarters located in Belfast and additional offices in London and The Hague, ANGOKA delivers cutting-edge solutions aimed at protecting the identities of connected devices. In an era marked by the rapid expansion of IoT, where networks often lack inherent security, ANGOKA's technologies play a crucial role in ensuring the integrity of critical M2M communications and the provenance of data. This facilitates the creation of trusted connections, even within networks that might otherwise be considered untrustworthy.

Distinguished as the sole cybersecurity entity to have been selected for the Zenzic CAM Scale-Up Programme, a collaboration with Plug and Play, ANGOKA has also earned notable recognition as the first start-up from Northern Ireland to participate in the NCSC's Cyber Accelerator. This program undertook a thorough review and assessment of ANGOKA's pioneering technology. Further highlighting its esteemed status in the tech community, ANGOKA is proud to be an alumnus of prestigious accelerators and programs such as the Seraphim Space Camp, Yes!Delft, and TechNation Cyber 2.0.

ANGOKA's commitment to advancing cybersecurity is underscored by its involvement in several R&D projects awarded by Innovate UK. These projects not only focus on securing quantum communications, a project led by BT, but also include two significant drone projects. Through these endeavors, ANGOKA is at the forefront of developing solutions that address some of the most pressing security challenges faced by the IoT and smart technology sectors today.

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ANGOKA Revenue

In 2023, ANGOKA's revenue reached $5.5M. Since its launch in 2019, ANGOKA has shown consistent revenue growth.

ANGOKA Revenue GrowthReported revenue / ARR over time$0$1M$3M$4M$5M$6M20192020202120222023$0$6MSource: GetLatka.com
YearMilestoneQuote
2023ANGOKA Hit $5.5m revenue in December 2023
2019Launched with $0 revenue

ANGOKA Valuation, Funding Rounds

ANGOKA is a bootstrapped IoT Connectivity Management Software startup. Founded in 2019, ANGOKA has grown to $5.5M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Connectivity Management Software SaaS company, ANGOKA has built its business with no outside investment.

ANGOKA 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$12019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Koen Gijsbers

Koen Gijsbers is listed as Founder / CEO at ANGOKA.

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Customers

We do not have customer count information for ANGOKA yet.

ANGOKA Employees & Team Size

ANGOKA employs approximately 35 people as of 2026, up from 26 in 2022.

ANGOKA Team GrowthReported headcount over time0815233038201920202021202220230026263535Source: GetLatka.com
YearMilestone
2023Reached 35 employees (December 2023)
2022Reached 26 employees (December 2022)

Frequently Asked Questions about ANGOKA

What is ANGOKA's revenue?

ANGOKA generates $5.5M in revenue.

Who founded ANGOKA?

ANGOKA was founded by Koen Gijsbers.

Who is the CEO of ANGOKA?

The CEO of ANGOKA is Koen Gijsbers.

How much funding does ANGOKA have?

ANGOKA raised $0.

How many employees does ANGOKA have?

ANGOKA has 35 employees.

Where is ANGOKA headquarters?

ANGOKA is headquartered in Belfast, United Kingdom.

Compare ANGOKA to the industry

ANGOKA operates across multiple industries. Browse revenue, funding, and growth data for ANGOKA 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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ANGOKA Revenue 2023: $5.5M ARR (Bootstrapped)