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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
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.
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 |
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We do not have customer count information for CoolR Group yet.
CoolR Group employs approximately 23 people as of 2026, down from 27 in 2023, including 1 sales reps that carry a quota.
CoolR Group generates an estimated $2.8M in annual revenue.
CoolR Group was founded by Roy Mehta.
The CEO of CoolR Group is Roy Mehta.
CoolR Group is bootstrapped and has not raised outside funding.
CoolR Group has 23 employees.
CoolR Group is headquartered in Chantilly, Virginia, United States.
CoolR Group operates across multiple industries. Browse revenue, funding, and growth data for CoolR Group in each sector below.
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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2024 Revenue
$2.8M(Est.)
Funding
$0
Team
23
Founded
2017
| 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 |
| 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) |
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