Budderfly
2024 Revenue
$32.8M
Customers
500
Funding
$77M
YOY
110.3%
Avg ACV
$65.5K
Team
283
Founded
2007
How Budderfly CEO Al Subbloie grew Budderfly to $32.8M revenue and 500 customers in 2024.
Provider of energy management optimization products intended to maximize energy savings. The company's tool brings a combination of software, analytics and locally deployed adaptors for unprecedented visibility and control of energy consumption, implement advanced technologies to measure, monitor, and improve energy consumption, enabling users to consolidate bills and get instant savings on energy spend with zero investment.
Last updated
Budderfly Revenue
In 2024, Budderfly's revenue reached $32.8M. The company previously reported $15.6M in 2023. Since its launch in 2007, Budderfly has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Budderfly Hit $32.8m revenue in October 2024 |
| 2023 | Budderfly Hit $15.6m revenue in December 2023 |
| 2021 | Budderfly Hit $5.5m revenue in April 2021 |
| 2007 | Launched with $0 revenue |
Budderfly Valuation, Funding Rounds
Budderfly has not publicly disclosed its valuation. The company has raised $77M in total funding to date.
Budderfly has raised $77M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $55M | - | - |
| 2017 | Funding round | $22M | - | - |
Budderfly Employees & Team Size
Budderfly employs approximately 283 people as of 2026, up from 222 in 2023.
Budderfly has 283 total employees in different roles and functions. They have 500 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 283 employees (October 2024) |
| 2023 | Reached 222 employees (December 2023) |
| 2022 | Reached 135 employees (December 2022) |
| 2021 | Reached 94 employees (December 2021) |
| 2021 | Reached 77 employees (April 2021) |
Founder / CEO
Al Subbloie
President, CEO and Founder at Budderfly from October 2017 to present. Growth oriented Founder and CEO focused on disrupting the Energy Management space through a unique and highly compelling Energy as a Service technology solution. Experienced Board Member with a demonstrated history of working in the software and managed services industry. Skilled in Enterprise Software, Sales, Strategic Partnerships, Management, and Account Management. Passionate about creating highly successful, disruptive go to market growth models.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Budderfly acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Budderfly
What is Budderfly's revenue?
Budderfly generates $32.8M in revenue.
Who founded Budderfly?
Budderfly was founded by Al Subbloie.
Who is the CEO of Budderfly?
The CEO of Budderfly is Al Subbloie.
How much funding does Budderfly have?
Budderfly raised $77M.
How many employees does Budderfly have?
Budderfly has 283 employees.
Where is Budderfly headquarters?
Budderfly is headquartered in Shelton, Connecticut, United States.
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Compare Budderfly to the industry
Budderfly operates across multiple industries. Browse revenue, funding, and growth data for Budderfly in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .