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How Cantaloupe Systems CEO Mandeep Arora grew Cantaloupe Systems to $1.8M revenue and 400 customers in 2021.

Provider of wireless machine monitoring and management services. The company's technology makes it possible for a vending operator to centrally monitor the operating status of its machines through real-time data accessed over the internet.

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Cantaloupe Systems Revenue

In 2021, Cantaloupe Systems's revenue reached $1.8M. Since its launch in 2002, Cantaloupe Systems has shown consistent revenue growth.

Cantaloupe Systems Revenue GrowthReported revenue / ARR by year$0$400K$800K$1M$2M$2M20022004200620082010201220142016201820202021$0$2MSource: GetLatka.com
YearMilestone
2021Cantaloupe Systems Hit $1.8m revenue in April 2021
2002Launched with $0 revenue

Cantaloupe Systems Valuation, Funding Rounds

Cantaloupe Systems's most recent disclosed valuation is $5.5M.

Cantaloupe Systems has raised $22.3M in total funding across 4 rounds, with its most recent round in 2015.

Cantaloupe Systems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$5M$10M$15M$20M$25M200220042006200820102012201420152002 cumulative: $0 • 2002 Founded: $02004 cumulative: $505K • 2002 Founded: $0 • 2004 Funding round: $505K2006 cumulative: $6M • 2002 Founded: $0 • 2004 Funding round: $505K • 2006 Funding round: $5M2010 cumulative: $18M • 2002 Founded: $0 • 2004 Funding round: $505K • 2006 Funding round: $5M • 2010 Funding round: $12M2015 cumulative: $22M • 2002 Founded: $0 • 2004 Funding round: $505K • 2006 Funding round: $5M • 2010 Funding round: $12M • 2015 Funding round: $4M$22M2002 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2015Funding round$4M--
2010Funding round$12.4M--
2006Funding round$5.4M--
2004Funding round$505K--

Cantaloupe Systems Employees & Team Size

Cantaloupe Systems employs approximately 24 people as of 2026.

Cantaloupe Systems has 24 total employees in different roles and functions. They have 400 customers that rely on the company's solutions.

Cantaloupe Systems Team GrowthReported headcount over time061218243020022004200620082010201220142016201820202021002424Source: GetLatka.com
YearMilestone
2021Reached 24 employees (April 2021)

Founder / CEO

Mandeep Arora

Experienced Chief Executive Officer with a demonstrated history of working in the IoT and Enterprise SaaS space. Skilled in Leading teams, Product Management, Negotiation, Operations Management, Enterprise Software and Entrepreneurship.

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Customers

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Frequently Asked Questions about Cantaloupe Systems

What is Cantaloupe Systems's revenue?

Cantaloupe Systems generates $1.8M in revenue.

Who founded Cantaloupe Systems?

Cantaloupe Systems was founded by Mandeep Arora.

Who is the CEO of Cantaloupe Systems?

The CEO of Cantaloupe Systems is Mandeep Arora.

How much funding does Cantaloupe Systems have?

Cantaloupe Systems raised $22.3M.

How many employees does Cantaloupe Systems have?

Cantaloupe Systems has 24 employees.

Where is Cantaloupe Systems headquarters?

Cantaloupe Systems is headquartered in San Francisco, California, United States.

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Compare Cantaloupe Systems to the industry

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

Cantaloupe Systems Revenue 2021: $1.8M ARR, $5.5M Valuation