Appfarmrevenue
Application Development PlatformsOslo, NorwayFounded 2017CEO Marius Tuft
Appfarm is an Application Development Platforms company based in Oslo, founded in 2017.
Appfarm revenue
Appfarm has not published its revenue. GetLatka estimates it at about $3.5M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $840K | – |
| Dec 2023 | $2.5MEST | GetLatka estimate |
| Oct 2024 | $3.5MEST | GetLatka estimate |
– source not recorded
Appfarm competitors
Appfarm competes most directly with Appian, Out Systems, Mendix, Quickbase and 3 others.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Appian | $726.9M | $47.5M | 2,219 | 40K | 1999 |
 Out Systems | $331.6M | $572.1M | 2,040 | 300K | 2001 |
 Mendix | $169.8M | $38M | 1,273 | 10M | 2005 |
 Quickbase | $94.9M | $90M | 863 | 4K | 2012 |
 Kissflow | $90.3M | $1M | 568 | 1.5K | 2003 |
 Kintone | $18M | – | 87 | 20K | 1997 |
 Betty Blocks | $9.1M | $33M | 112 | – | 2010 |
| Appfarm | $3.5M | – | 54 | – | 2017 |
Appfarm CEO, founders & employees
Ole Borgersen and Simon Larsen founded Appfarm in 2017. Marius Tuft is CEO. Appfarm had 54 employees (October 2024, LinkedIn), up from 50 a year earlier.
- Marius TuftCEO
- Ole BorgersenCTO & Co-Founder
- Simon LarsenChief Product Officer and Co-founder
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 54 | |
| Dec 2023 | 50 | |
| Dec 2022 | 34 | |
| Dec 2021 | 20 | |
| Apr 2021 | 10 | – |
Appfarm FAQ
What is Appfarm's revenue?
GetLatka estimates Appfarm's revenue at about $3.5M a year (October 2024). The company hasn't published its own figure.
How many employees does Appfarm have?
Appfarm had 54 employees in October 2024, according to LinkedIn.
Who is the CEO of Appfarm?
Marius Tuft is the CEO of Appfarm.
Who founded Appfarm?
Ole Borgersen and Simon Larsen founded Appfarm in 2017.
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How this page is sourced
4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Sep 2, 2026Data disclaimerReport a correctionClaim this profileRun Appfarm? Join the podcast