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How CoolR Group CEO Roy Mehta grew CoolR Group 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.

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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.

CoolR Group Revenue GrowthReported revenue / ARR by year$0$600K$1M$2M$2M$3M20172018201920202021202220232024$0$410K$2M$3MSource: GetLatka.com
YearMilestone
2024CoolR Group Hit $2.8m revenue in October 2024
2023CoolR Group Hit $1.7m revenue in December 2023
2021CoolR Group Hit $409.9k revenue in April 2021
2017Launched 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.

CoolR Group Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

CoolR Group Employees & Team Size

CoolR Group employs approximately 23 people as of 2026, down from 27 in 2023.

CoolR Group has 23 total employees in different roles and functions and 1 sales reps that carry a quota.

CoolR Group Team GrowthReported headcount over time081523303820172018201920202021202220232024002323Source: GetLatka.com
YearMilestone
2024Reached 23 employees (October 2024)
2023Reached 27 employees (December 2023)
2022Reached 30 employees (December 2022)
2021Reached 8 employees (December 2021)
2021Reached 5 employees (April 2021)

Founder / CEO

Roy Mehta

Roy Mehta is listed as Founder / CEO at CoolR Group.

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Customers

We do not have customer count information for CoolR Group yet.

Frequently Asked Questions about CoolR Group

What is CoolR Group's revenue?

CoolR Group generates $2.8M in 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 raised $0.

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.

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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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .