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Distence

Espoo, Southern Finland, Finland

Valuation

$1.4M

2021 Revenue

$463.4K

Funding

$0

Team

16

Founded

2002

How Distence CEO Timo Tammisto grew to $463.4K revenue with a 16 person team in 2021.

Manufacturer and supplier of remote monitoring equipment designed to realize higher return on assets and operational excellence though the digitalization and connectivity of industrial assets. The company's monitoring equipment is an intelligent industrial IoT technology which automates actions and tune the system operation with information coming from the cloud, enabling customers to monitor and manage the operations of industrial assets and build their own smart services, making it a successful business.

Last updated

Distence Revenue

In 2021, Distence's revenue reached $463.4K. Since its launch in 2002, Distence has shown consistent revenue growth.

Distence Revenue GrowthReported revenue / ARR over time$0$100K$200K$300K$400K$500K20022004200620082010201220142016201820202021$0$463KSource: GetLatka.com
YearMilestoneQuote
2021Distence Hit $463.4k revenue in April 2021
2002Launched with $0 revenue

Distence Valuation, Funding Rounds

Distence's most recent disclosed valuation is $1.4M.

Distence is a bootstrapped Generative AI Software startup. Founded in 2002, Distence has grown to $463.4K in revenue without raising any venture capital or outside funding.

As a self-funded Generative AI Software SaaS company, Distence has built its business with no outside investment.

Distence 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$12002Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Timo Tammisto

Timo Tammisto is listed as Founder / CEO at Distence.

Q&A

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Customers

We do not have customer count information for Distence yet.

Distence Employees & Team Size

Distence employs approximately 16 people as of 2026.

Distence Team GrowthReported headcount over time04812162020022004200620082010201220142016201820202021001616Source: GetLatka.com
YearMilestone
2021Reached 16 employees (April 2021)

Frequently Asked Questions about Distence

What is Distence's revenue?

Distence generates $463.4K in revenue.

Who founded Distence?

Distence was founded by Timo Tammisto.

Who is the CEO of Distence?

The CEO of Distence is Timo Tammisto.

How much funding does Distence have?

Distence raised $0.

How many employees does Distence have?

Distence has 16 employees.

Where is Distence headquarters?

Distence is headquartered in Espoo, Southern Finland, Finland.

Compare Distence to the industry

Distence operates across multiple industries. Browse revenue, funding, and growth data for Distence 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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Distence Revenue 2021: $463.4K ARR, $1.4M Valuation