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How Cind CEO Marcus Schelin grew to $1.7M revenue with a 27 person team in 2024.

Manufacturer of a range of equipment designed to scale volume in industrial applications. The company's range of equipment utilizes image processing technology which employs stereo camera technology with considerable accuracy, enabling the timber and logistics industries to enhance the volume and remuneration measurement.

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Cind Revenue

In 2024, Cind's revenue reached $1.7M. The company previously reported $1.2M in 2023. Since its launch in 2015, Cind has shown consistent revenue growth.

Cind Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$400K$800K$1.2M$1.6M$2M201520172019202120232024$0$913.3K$1.2M$1.7MSource: GetLatka.com
YearMilestoneSource
2024Cind Hit $1.7m revenue in October 2024Estimated
2023Cind Hit $1.2m revenue in December 2023Estimated
2021Cind Hit $913.3k revenue in April 2021
2015Launched with $0 revenue

Cind Valuation, Funding Rounds

Cind is a bootstrapped Other Vertical Industry Software startup. Founded in 2015, Cind has grown to $1.7M in revenue without raising any venture capital or outside funding.

As a self-funded Other Vertical Industry Software SaaS company, Cind has built its business with no outside investment.

Cind 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$12015Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Marcus Schelin

CEO

As CEO I'm responsible for driving sales and business development. The solutions that we offer are truly revolutionising volume measurement by utilising very clever 3D image processing (and the brightest people in the area). Prior Cind I build teams and success in IT consulting and 2008-2012 I was part of the brilliant team who created Viaplay (most successful streaming service in Scandinavia). I'm passionated about disruptive technology that displaces an established technology and shakes up the industry.

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Customers

We do not have customer count information for Cind yet.

Cind Employees & Team Size

Cind employs approximately 27 people as of 2026, up from 20 in 2023.

Cind Team GrowthReported headcount over time0612182430201520172019202120232024002727Source: GetLatka.com
YearMilestoneSource
2024Reached 27 employees (October 2024)
2023Reached 20 employees (December 2023)
2022Reached 18 employees (December 2022)
2021Reached 19 employees (December 2021)
2021Reached 15 employees (April 2021)

Frequently Asked Questions about Cind

What is Cind's revenue?

Cind generates an estimated $1.7M in annual revenue.

Who founded Cind?

Cind was founded by Marcus Schelin.

Who is the CEO of Cind?

The CEO of Cind is Marcus Schelin.

How much funding does Cind have?

Cind is bootstrapped and has not raised outside funding.

How many employees does Cind have?

Cind has 27 employees.

Where is Cind headquarters?

Cind is headquartered in Jönköping, Sweden.

Compare Cind to the industry

Cind operates across multiple industries. Browse revenue, funding, and growth data for Cind 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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Cind Revenue 2024: $1.7M Est. ARR (Bootstrapped)