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Valuation

$2.8M

2024 Revenue

$5.7M

Customers

150K

Funding

$0

YOY

550%

Avg ACV

$38

Team

6

Founded

2002

How Claritum CEO Paul Barker grew Claritum to $5.7M revenue and 150K customers in 2024.

Developer of a cloud based spend management platform designed to help companies streamline the purchasing of print and marketing services. The company's spend management platform uses consulting, integration services and cloud delivery as well as provides additional consulting services such as change management, project management, supplier management and analysis, enabling clients to maximise efficiency by integrating the software into their workflow.

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Claritum Revenue

In 2024, Claritum's revenue reached $5.7M. The company previously reported $936.7K in 2024. Since its launch in 2002, Claritum has shown consistent revenue growth.

Claritum Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M200220042006200820102012201420162018202020222024$0$1M$6MSource: GetLatka.com
YearMilestoneQuote
2024Claritum Hit $5.7m revenue in November 2024
2024Claritum Hit $936.7k revenue in October 2024
2023Claritum Hit $877k revenue in December 2023
2021Claritum Hit $1.3m revenue in April 2021
2002Launched with $0 revenue

Claritum Valuation, Funding Rounds

Claritum's most recent disclosed valuation is $2.8M.

Claritum is a bootstrapped Spend Management Software startup. Founded in 2002, Claritum has grown to $5.7M in revenue without raising any venture capital or outside funding.

As a self-funded Spend Management Software SaaS company, Claritum has built its business with no outside investment.

Claritum Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120022002 cumulative: $0 • 2002 Founded: $02002 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Paul Barker

Paul Barker is listed as Founder / CEO at Claritum.

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Customers

Claritum serves 150K customers.

Claritum Employees & Team Size

Claritum employs approximately 6 people as of 2026, down from 7 in 2023, including 3 sales reps that carry a quota. It serves 150K customers that rely on its solutions.

Claritum Team GrowthReported headcount over time04812162002200420062008201020122014201620182020202220240066Source: GetLatka.com
YearMilestone
2024Reached 6 employees (October 2024)
2023Reached 7 employees (December 2023)
2022Reached 8 employees (December 2022)
2021Reached 12 employees (December 2021)
2021Reached 15 employees (April 2021)

Frequently Asked Questions about Claritum

What is Claritum's revenue?

Claritum generates $5.7M in revenue.

Who founded Claritum?

Claritum was founded by Paul Barker.

Who is the CEO of Claritum?

The CEO of Claritum is Paul Barker.

How much funding does Claritum have?

Claritum raised $0.

How many employees does Claritum have?

Claritum has 6 employees.

Where is Claritum headquarters?

Claritum is headquartered in Bath, Wales, United Kingdom.

Compare Claritum to the industry

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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Claritum Revenue 2024: $5.7M ARR, $2.8M Valuation