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In 2024, Balto's revenue reached $22.1M. The company previously reported $9.7M in 2023. Since its launch in 2017, Balto has shown consistent revenue growth.
Balto has not publicly disclosed its valuation. The company has raised $14.3M in total funding to date.
Balto has raised $14.3M in total funding across 3 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $10M | - | - | |
| 2019 | Funding round | $3M | - | - | |
| 2018 | Funding round | $1.3M | - | - |
CEO
Marc Bernstein graduated from Washington University in 2015, majoring in Entrepreneurship and Marketing and minoring in Psychology. As a high school senior, Marc founded his first company, DoorStep Fitness, a direct-to-home personal training service. As DoorStep Fitness’s marketing strategy developed, Marc was responsible for generating an average of 52 inbound leads per year at cost of just over $150 per lead. DoorStep Fitness grew to a team of five trainers and a network of more than 100 clients. After DoorStep Fitness, Marc joined two St. Louis startups, PFITR and TopOPPS. At PFITR, as a sales development representative, Marc produced 70 sales qualified leads in his first month and was soon promoted to Director of Business Development. At TopOPPS, as an account executive, Marc was named the 2016 Sales Contributor of the Year and also TopOPPS’s Clutch Player of the Year.
Vice President of Customer Success
Rob Westervelt is listed as Vice President of Customer Success at Balto.
Chief Revenue Officer (CRO)
Lonnie Johnston is listed as Chief Revenue Officer (CRO) at Balto.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Balto serves 3.2K customers.
Balto employs approximately 124 people as of 2026, up from 76 in 2023. It serves 3.2K customers that rely on its solutions.
Balto generates an estimated $22.1M in annual revenue.
The CEO of Balto is Marc Bernstein.
Balto raised $14.3M across 3 rounds.
Balto has 124 employees.
Balto is headquartered in St Louis, Missouri, United States.
Balto operates across multiple industries. Browse revenue, funding, and growth data for Balto 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
$22.1M(Est.)
Customers
3.2K
Funding
$14.3M
Avg ACV
$6.9K
Team
124
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Balto Hit $22.1m revenue in October 2024 | Estimated |
| 2023 | Balto Hit $9.7m revenue in December 2023 | Estimated |
| 2020 | Balto Hit $5m revenue in October 2020 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 124 employees (December 2024) | |
| 2024 | Reached 121 employees (October 2024) | |
| 2023 | Reached 76 employees (December 2023) | |
| 2022 | Reached 138 employees (December 2022) | |
| 2021 | Reached 149 employees (December 2021) | |
| 2020 | Reached 51 employees (October 2020) | |
| 2019 | Reached 20 employees (June 2019) | |
| 2018 | Reached 4 employees (June 2018) |
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