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How Arduino CEO Massimo Banzi grew to $142.5M revenue with a 435 person team in 2023.

Arduino.cc is the official website of Arduino, a leading open-source electronics platform known for its easy-to-use hardware and software. Arduino's core product, the Arduino board, is designed to make electronics more accessible to artists, designers, hobbyists, and anyone interested in creating interactive objects or environments. The platform offers a range of software tools, community-contributed code examples, and a wide array of development boards that cater to various applications and skill levels. Arduino has cultivated a large and vibrant community of enthusiasts and professionals who contribute to its ecosystem, making it a cornerstone in educational programs, prototyping, and DIY projects around the world.

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Arduino Revenue

In 2023, Arduino's revenue reached $142.5M. Since its launch in 2005, Arduino has shown consistent revenue growth.

Arduino Revenue GrowthReported revenue / ARR over time$0$30M$60M$90M$120M$150M2005200720092011201320152017201920212023$0$143MSource: GetLatka.com
YearMilestoneQuote
2023Arduino Hit $142.5m revenue in December 2023
2005Launched with $0 revenue

Arduino Valuation, Funding Rounds

Arduino is a bootstrapped IoT Development Tools startup. Founded in 2005, Arduino has grown to $142.5M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Development Tools SaaS company, Arduino has built its business with no outside investment.

Arduino 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$12005Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Massimo Banzi

Massimo Banzi is listed as Founder / CEO at Arduino.

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Customers

We do not have customer count information for Arduino yet.

Arduino Employees & Team Size

Arduino employs approximately 435 people as of 2026, up from 412 in 2022.

Arduino Team GrowthReported headcount over time0100200300400500200520072009201120132015201720192021202300435435Source: GetLatka.com
YearMilestone
2023Reached 435 employees (December 2023)
2022Reached 412 employees (December 2022)

Frequently Asked Questions about Arduino

What is Arduino's revenue?

Arduino generates $142.5M in revenue.

Who founded Arduino?

Arduino was founded by Massimo Banzi.

Who is the CEO of Arduino?

The CEO of Arduino is Massimo Banzi.

How much funding does Arduino have?

Arduino raised $0.

How many employees does Arduino have?

Arduino has 435 employees.

Where is Arduino headquarters?

Arduino is headquartered in New York, New York, United States.

Compare Arduino to the industry

Arduino operates across multiple industries. Browse revenue, funding, and growth data for Arduino 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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