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How BluIP CEO Armen Martiroyan grew to $3.7M revenue with a 70 person team in 2024.

Provider of a cloud-based voice technology intended to deliver critical products for secure and highly available network in today's cloud computing market. The company's Hosted PBX and SIP Trunking are secure, voice-as-a-service, cloud-based PBX products in which all business phones connect and operate off of redundant and geographically-dispersed broadsoft switches as well as act as a hospitality software platform, enabling clients to quality and efficient cloud communication products and services.

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BluIP Revenue

In 2024, BluIP's revenue reached $3.7M. The company previously reported $1.8M in 2023. Since its launch in 2011, BluIP has shown consistent revenue growth.

BluIP Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M20112013201520172019202120232024$0$1.4M$3.7MSource: GetLatka.com
YearMilestoneQuote
2024BluIP Hit $3.7m revenue in October 2024
2023BluIP Hit $1.8m revenue in December 2023
2021BluIP Hit $1.4m revenue in April 2021
2011Launched with $0 revenue

BluIP Valuation, Funding Rounds

BluIP is a bootstrapped Cloud Infrastructure Monitoring Software startup. Founded in 2011, BluIP has grown to $3.7M in revenue without raising any venture capital or outside funding.

As a self-funded Cloud Infrastructure Monitoring Software SaaS company, BluIP has built its business with no outside investment.

BluIP 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$12011Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founders

Armen Martiroyan

CEO

Co-Founder and CEO at BluIP since March 2011 to present. He is also a Co Founder of Adler Networks since June 2009 to December 2009.

Edwin Martirosyan

COO

Edwin Martirosyan is listed as COO at BluIP.

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Customers

We do not have customer count information for BluIP yet.

BluIP Employees & Team Size

BluIP employs approximately 70 people as of 2026, up from 64 in 2023, including 8 sales reps that carry a quota.

BluIP Team GrowthReported headcount over time0153045607520112013201520172019202120232024007070Source: GetLatka.com
YearMilestone
2024Reached 70 employees (October 2024)
2023Reached 64 employees (December 2023)
2022Reached 57 employees (December 2022)
2021Reached 60 employees (December 2021)
2021Reached 45 employees (April 2021)

Frequently Asked Questions about BluIP

What is BluIP's revenue?

BluIP generates an estimated $3.7M in annual revenue.

Who is the CEO of BluIP?

The CEO of BluIP is Armen Martiroyan.

How much funding does BluIP have?

BluIP is bootstrapped and has not raised outside funding.

How many employees does BluIP have?

BluIP has 70 employees.

Where is BluIP headquarters?

BluIP is headquartered in Las Vegas, Nevada, United States.

Compare BluIP to the industry

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