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How Buoyant CEO William Morgan grew to $3M revenue with a 28 person team in 2024.

Provider of an open source software designed to make cloud-native software faster, scalable, reliable and more secure. The company's software specializes in hosting activities, such as web hosting, streaming services or application hosting, as well as provides application service provisioning, enabling engineers, SREs and DevOps teams to build innovative, reliable and secure software.

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Buoyant Revenue

In 2024, Buoyant's revenue reached $3M. The company previously reported $2.5M in 2023. Since its launch in 2015, Buoyant has shown consistent revenue growth.

Buoyant Revenue GrowthReported revenue / ARR over time$0$750K$1.5M$2.3M$3M$3.8M201520172019202120232024$0$2M$2.5M$3MSource: GetLatka.com
YearMilestoneQuote
2024Buoyant Hit $3m revenue in October 2024
2023Buoyant Hit $2.5m revenue in December 2023
2021Buoyant Hit $2m revenue in April 2021
2015Launched with $0 revenue

Buoyant Valuation, Funding Rounds

Buoyant has not publicly disclosed its valuation. The company has raised $24M in total funding to date.

Buoyant has raised $24M in total funding across 3 rounds, with its most recent round in 2019.

Buoyant Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$6M$12M$18M$24M$30M20152016201720182019$24MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Funding round$10M--
2017Funding round$10.5M--
2015Funding round$3.5M--

Founder / CEO

William Morgan

CEO

is the CEO of Buoyant. Prior to founding Buoyant, he was an infrastructure engineer at Twitter, where he ran several teams building on product-facing backend infrastructure. He has worked at Powerset, Microsoft, adap.tv, and MITRE Corp, and has been contributing to open source for over 20 years.

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Customers

We do not have customer count information for Buoyant yet.

Buoyant Employees & Team Size

Buoyant employs approximately 28 people as of 2026, up from 24 in 2023.

Buoyant Team GrowthReported headcount over time0612182430201520172019202120232024002828Source: GetLatka.com
YearMilestone
2024Reached 28 employees (October 2024)
2023Reached 24 employees (December 2023)
2022Reached 26 employees (December 2022)
2021Reached 23 employees (December 2021)
2021Reached 23 employees (April 2021)

Frequently Asked Questions about Buoyant

What is Buoyant's revenue?

Buoyant generates an estimated $3M in annual revenue.

Who founded Buoyant?

Buoyant was founded by William Morgan.

Who is the CEO of Buoyant?

The CEO of Buoyant is William Morgan.

How much funding does Buoyant have?

Buoyant raised $24M across 3 rounds.

How many employees does Buoyant have?

Buoyant has 28 employees.

Where is Buoyant headquarters?

Buoyant is headquartered in San Francisco, California, United States.

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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