Ardoq revenue hit $23.6M in 2024

Ardoq generates revenue from customers

Ardoq

Oslo, Oslo, Norway

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Ardoq hit $23.6M revenue with a 228 person team in 2023.

Ardoq is a privately held software company based in Oslo, Norway, and is not owned by any other company. Ardoq provides an enterprise-grade platform for creating and maintaining documentation of complex IT systems and processes, enabling businesses to visualize their architecture, manage change, and improve collaboration. Their platform includes features such as automated data discovery, interactive documentation, and visualizations, enabling businesses to gain insights into their IT environment and optimize their operations. Ardoq was founded in 2013 and has since grown to become one of the leading software providers in the enterprise architecture and IT documentation space, serving clients across various industries, including finance, healthcare, and telecommunications. The company has been recognized for its innovation and impact in the technology industry, receiving awards from organizations such as Gartner and Red Herring.

Founded

2013

Founded

Revenue

$23.6M

2023 Revenue

YOY

48.42%

YOY

Funding

$163.9M

Funding

Ardoq Revenue

In 2023, Ardoq revenue run rate hit $23.6M in revenue.

  • 2023

    Ardoq hit $23.6M in revenue in 2023

  • 2022

    Ardoq hit $15.9M in revenue in 2022

  • 2022

    Ardoq hit $15.9M in revenue in 2022

  • 2021

    Ardoq hit $9.2M in revenue in 2021

  • 2020

    Ardoq hit $2.5M in revenue in 2020

  • 2013

    Ardoq launched in 2013 with $0 revenue

Ardoq Funding History

  • 2022 Series D

    Ardoq raised a Series D of in March, 2022

  • 2021 Series C

    Ardoq raised a Series C of in March, 2021

  • 2020 Series B

    Ardoq raised a Series B of in June, 2020

  • 2019 Series A

    Ardoq raised a Series A of in February, 2019

  • 2016 Seed Round

    Ardoq raised a Seed Round of in January, 2016

FUNDING DATE ROUND AMOUNT VALUATION
March, 09 2022 Series D
March, 22 2021 Series C
June, 30 2020 Series B
February, 28 2019 Series A
January, 05 2016 Seed Round

Team

Ardoq has 228 total employees and 39 sales reps that carry a quota. an engineering team of 33 and a marketing team of 8.

DISTRIBUTION QTY
Total team size 228
Engineer 33 (14%)
Sales 39 (17%)
Marketing 8 (4%)

Founder / CEO

Erik Bakstad

Erik is a former hockey player turned geek. With six years’ experience as a developer, he has worked in industries including education, banking/finance and telecoms.

Q&A

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Customers

Churn

Ardoq Executives

Name Position Working Email Personal Email
Erik Bakstad CEO [email protected] -

Ardoq Employees

Name Position Working Email Personal Email
Erik Bakstad CEO [email protected] -

Frequently Asked Questions about Ardoq

  • When was Ardoq founded?

    Ardoq was founded in 2013.

  • How much revenue does Ardoq generate?

    Ardoq generates $23.6M in revenue.

  • Who is the CEO of Ardoq

    The CEO of Ardoq is Erik Bakstad.

  • How much funding does Ardoq have?

    Ardoq raised $163.9M.

  • How many employees does Ardoq have?

    Ardoq has 228 employees.

  • Where is Ardoq headquarters?

    Ardoq is headquartered at Oslo, Oslo, Norway

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