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Software, SaaS, Mobile App, aPaas, PaaS
Last updated
In 2024, Appfarm's revenue reached $3.5M. The company previously reported $2.5M in 2023. Since its launch in 2017, Appfarm has shown consistent revenue growth.
Appfarm is a bootstrapped Other Collaboration Software startup. Founded in 2017, Appfarm has grown to $3.5M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Appfarm has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Chief Product Officer and Co-founder
Simon Larsen is listed as Chief Product Officer and Co-founder at Appfarm.
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We do not have customer count information for Appfarm yet.
Appfarm employs approximately 54 people as of 2026, up from 50 in 2023.
Appfarm generates an estimated $3.5M in annual revenue.
Appfarm was founded by Ole Borgersen.
The CEO of Appfarm is Ole Borgersen.
Appfarm is bootstrapped and has not raised outside funding.
Appfarm has 54 employees.
Appfarm is headquartered in Oslo, Norway.
Appfarm operates across multiple industries. Browse revenue, funding, and growth data for Appfarm in each sector below.
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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2024 Revenue
$3.5M(Est.)
Funding
$0
Team
54
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Appfarm Hit $3.5m revenue in October 2024 | Estimated |
| 2023 | Appfarm Hit $2.5m revenue in December 2023 | Estimated |
| 2021 | Appfarm Hit $840k revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 54 employees (October 2024) | |
| 2023 | Reached 50 employees (December 2023) | |
| 2022 | Reached 34 employees (December 2022) | |
| 2021 | Reached 20 employees (December 2021) | |
| 2021 | Reached 10 employees (April 2021) |
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