2024 Revenue
$2.8M(Est.)
Funding
$0
Team
23
Founded
2017
How CoolR Group CEO Roy Mehta grew to $2.8M revenue with a 23 person team in 2024.
Provider of in-store inventory management systems intended for brands and retailers. The company's solution automates inventory monitoring and labor optimization using a combination of wireless cameras, sensors and cloud-based image processing platform, enabling clients to increase efficiency and sales.
Last updated
CoolR Group Revenue
In 2024, CoolR Group's revenue reached $2.8M. The company previously reported $1.7M in 2023. Since its launch in 2017, CoolR Group has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | CoolR Group Hit $2.8m revenue in October 2024 | Estimated |
| 2023 | CoolR Group Hit $1.7m revenue in December 2023 | Estimated |
| 2021 | CoolR Group Hit $409.9k revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
CoolR Group Valuation, Funding Rounds
CoolR Group is a bootstrapped IoT Analytics Platforms startup. Founded in 2017, CoolR Group has grown to $2.8M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Analytics Platforms SaaS company, CoolR Group has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for CoolR Group yet.
CoolR Group Employees & Team Size
CoolR Group employs approximately 23 people as of 2026, down from 27 in 2023, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 23 employees (October 2024) | |
| 2023 | Reached 27 employees (December 2023) | |
| 2022 | Reached 30 employees (December 2022) | |
| 2021 | Reached 8 employees (December 2021) | |
| 2021 | Reached 5 employees (April 2021) |
Frequently Asked Questions about CoolR Group
What is CoolR Group's revenue?
CoolR Group generates an estimated $2.8M in annual revenue.
Who founded CoolR Group?
CoolR Group was founded by Roy Mehta.
Who is the CEO of CoolR Group?
The CEO of CoolR Group is Roy Mehta.
How much funding does CoolR Group have?
CoolR Group is bootstrapped and has not raised outside funding.
How many employees does CoolR Group have?
CoolR Group has 23 employees.
Where is CoolR Group headquarters?
CoolR Group is headquartered in Chantilly, Virginia, United States.
Compare CoolR Group to the industry
CoolR Group operates across multiple industries. Browse revenue, funding, and growth data for CoolR Group 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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