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How Conundrum CEO Konstantin Kiselev grew to $2M revenue with a 59 person team in 2024.

Developer of an AI (Artificial Intelligence) driven platform intended to address the problems of predictive maintenance, optimization and quality control. The company's AI-based technology applies deep learning and automated machine learning techniques, enabling industrial customers to predict equipment failures and decrease the downtime it may cause.

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Conundrum Revenue

In 2024, Conundrum's revenue reached $2M. The company previously reported $1.1M in 2023. Since its launch in 2018, Conundrum has shown consistent revenue growth.

Conundrum Revenue GrowthReported revenue / ARR over time$0$500K$1M$1.5M$2M$2.5M2018201920202021202220232024$0$459.3K$1.1M$2MSource: GetLatka.com
YearMilestoneQuote
2024Conundrum Hit $2m revenue in October 2024
2023Conundrum Hit $1.1m revenue in December 2023
2021Conundrum Hit $459.3k revenue in April 2021
2018Launched with $0 revenue

Conundrum Valuation, Funding Rounds

Conundrum is a bootstrapped Predictive Analytics Software startup. Founded in 2018, Conundrum has grown to $2M in revenue without raising any venture capital or outside funding.

As a self-funded Predictive Analytics Software SaaS company, Conundrum has built its business with no outside investment.

Conundrum 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$12018Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Konstantin Kiselev

CEO

Konstantin Kiselev is listed as CEO at Conundrum.

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Customers

We do not have customer count information for Conundrum yet.

Conundrum Employees & Team Size

Conundrum employs approximately 59 people as of 2026, down from 71 in 2023, including 7 sales reps that carry a quota.

Conundrum Team GrowthReported headcount over time015304560752018201920202021202220232024005959Source: GetLatka.com
YearMilestone
2024Reached 59 employees (October 2024)
2023Reached 71 employees (December 2023)
2022Reached 67 employees (December 2022)
2021Reached 37 employees (December 2021)
2021Reached 21 employees (April 2021)

Frequently Asked Questions about Conundrum

What is Conundrum's revenue?

Conundrum generates an estimated $2M in annual revenue.

Who founded Conundrum?

Conundrum was founded by Konstantin Kiselev.

Who is the CEO of Conundrum?

The CEO of Conundrum is Konstantin Kiselev.

How much funding does Conundrum have?

Conundrum is bootstrapped and has not raised outside funding.

How many employees does Conundrum have?

Conundrum has 59 employees.

Where is Conundrum headquarters?

Conundrum is headquartered in Cambridge, England, United Kingdom.

Compare Conundrum to the industry

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