2024 Revenue
$3.5M
Funding
$0
YOY
40.5%
Team
54
Founded
2017
How Appfarm CEO Ole Borgersen grew Appfarm to $3.5M revenue with a 54 person team in 2024.
Software, SaaS, Mobile App, aPaas, PaaS
Last updated
Appfarm Revenue
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.
| Year | Milestone |
|---|---|
| 2024 | Appfarm Hit $3.5m revenue in October 2024 |
| 2023 | Appfarm Hit $2.5m revenue in December 2023 |
| 2021 | Appfarm Hit $840k revenue in April 2021 |
| 2017 | Launched with $0 revenue |
Appfarm Valuation, Funding Rounds
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 |
|---|
Appfarm Employees & Team Size
Appfarm employs approximately 54 people as of 2026, up from 50 in 2023.
Appfarm has 54 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 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) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Appfarm yet.
Frequently Asked Questions about Appfarm
What is Appfarm's revenue?
Appfarm generates $3.5M in revenue.
Who founded Appfarm?
Appfarm was founded by Ole Borgersen.
Who is the CEO of Appfarm?
The CEO of Appfarm is Ole Borgersen.
How much funding does Appfarm have?
Appfarm raised $0.
How many employees does Appfarm have?
Appfarm has 54 employees.
Where is Appfarm headquarters?
Appfarm is headquartered in Oslo, Norway.
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Compare Appfarm to the industry
Appfarm operates across multiple industries. Browse revenue, funding, and growth data for Appfarm in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .