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2024 Revenue

$22.1M(Est.)

Customers

3.2K

Funding

$14.3M

Avg ACV

$6.9K

Team

124

Founded

2017

Balto Revenue & Funding (2024)

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Balto Revenue

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 Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M20172018201920202021202220232024$0$5M$9.7M$22.1MSource: GetLatka.com
YearMilestoneSource
2024Balto Hit $22.1m revenue in October 2024Estimated
2023Balto Hit $9.7m revenue in December 2023Estimated
2020Balto Hit $5m revenue in October 2020
2017Launched with $0 revenue

Balto Valuation, Funding Rounds

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.

Balto Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M2017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$10M--
2019Funding round$3M--
2018Funding round$1.3M--

Founders

Marc Bernstein

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.

Rob Westervelt

Vice President of Customer Success

Rob Westervelt is listed as Vice President of Customer Success at Balto.

Lonnie Johnston

Chief Revenue Officer (CRO)

Lonnie Johnston is listed as Chief Revenue Officer (CRO) at Balto.

Erin Ryan

Chief Financial Officer

Erin Ryan is listed as Chief Financial Officer at Balto.

Tim Claudin

VP of Sales

Tim Claudin is listed as VP of Sales at Balto.

Maria Edington

VP of Marketing

Maria Edington is listed as VP of Marketing at Balto.

Q&A

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Customers

Balto serves 3.2K customers.

Balto Employees & Team Size

Balto employs approximately 124 people as of 2026, up from 76 in 2023. It serves 3.2K customers that rely on its solutions.

Balto Team GrowthReported headcount over time040801201602017201820192020202120222023202400124124Source: GetLatka.com
YearMilestoneSource
2024Reached 124 employees (December 2024)
2024Reached 121 employees (October 2024)
2023Reached 76 employees (December 2023)
2022Reached 138 employees (December 2022)
2021Reached 149 employees (December 2021)
2020Reached 51 employees (October 2020)
2019Reached 20 employees (June 2019)
2018Reached 4 employees (June 2018)

Frequently Asked Questions about Balto

What is Balto's revenue?

Balto generates an estimated $22.1M in annual revenue.

Who is the CEO of Balto?

The CEO of Balto is Marc Bernstein.

How much funding does Balto have?

Balto raised $14.3M across 3 rounds.

How many employees does Balto have?

Balto has 124 employees.

Where is Balto headquarters?

Balto is headquartered in St Louis, Missouri, United States.

Compare Balto to the industry

Balto operates across multiple industries. Browse revenue, funding, and growth data for Balto 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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Balto Revenue, Funding & Growth History (2024)