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How Bullet CEO Peter Connor grew Bullet to $67.8K revenue and 1M customers in 2024.

BulletHQ currently consists of two products: Bullet Accounts and Bullet Formations. Bullet Accounts:Bullet reduces stress, costs and provides more control by automating your accounts. Bullet is a fully functioning accounting and payroll product for the SME market. It is currently the first and only full online accounting solution that generates all tax returns. The key goal of Bullet is to remove the need for an accountant to be involved in the day to day running or end of year returns for a small business. Bullet does this by auto-generating and populating all the tax and year end returns for a limited company or sole trader, from VAT and PAYE returns right through to the Annual Return and Corporation Tax Return. The value statement is we reduce costs from 2,000 a year to 350, and don't require the customer to have any accounting training to achieve this. Bullet Accounts is a SaaS model with two price structures: 12.95pm for a Sole Trader and 29.95pm for a limited business.Bullet Form

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Bullet Revenue

In 2024, Bullet's revenue reached $67.8K. The company previously reported $53.6K in 2023. Since its launch in 2012, Bullet has shown consistent revenue growth.

Bullet Revenue GrowthReported revenue / ARR by year$0$15K$30K$45K$60K$75K2012201420162018202020222024$0$45K$54K$68KSource: GetLatka.com
YearMilestone
2024Bullet Hit $67.8k revenue in October 2024
2023Bullet Hit $53.6k revenue in December 2023
2021Bullet Hit $44.7k revenue in April 2021
2012Launched with $0 revenue

Bullet Valuation, Funding Rounds

Bullet's most recent disclosed valuation is $203.5K.

Bullet is a bootstrapped Payroll Software startup. Founded in 2012, Bullet has grown to $67.8K in revenue without raising any venture capital or outside funding.

As a self-funded Payroll Software SaaS company, Bullet has built its business with no outside investment.

Bullet Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120122012 cumulative: $0 • 2012 Founded: $02012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Bullet Employees & Team Size

Bullet employs approximately 2 people as of 2026, down from 3 in 2023.

Bullet has 2 total employees in different roles and functions. They have 1M customers that rely on the company's solutions.

Bullet Team GrowthReported headcount over time01223420122014201620182020202220240022Source: GetLatka.com
YearMilestone
2024Reached 2 employees (October 2024)
2023Reached 3 employees (December 2023)
2022Reached 3 employees (December 2022)
2021Reached 3 employees (December 2021)
2021Reached 1 employees (April 2021)

Founder / CEO

Peter Connor

Peter Connor is listed as Founder / CEO at Bullet.

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Customers

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Frequently Asked Questions about Bullet

What is Bullet's revenue?

Bullet generates $67.8K in revenue.

Who founded Bullet?

Bullet was founded by Peter Connor.

Who is the CEO of Bullet?

The CEO of Bullet is Peter Connor.

How much funding does Bullet have?

Bullet raised $0.

How many employees does Bullet have?

Bullet has 2 employees.

Where is Bullet headquarters?

Bullet is headquartered in Dublin, Ireland.

Compare Bullet to the industry

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

Bullet Revenue 2024: $67.8K ARR, $203.5K Valuation