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How Dreamfactory Software CEO Eric Rubin grew Dreamfactory Software to $2.7M revenue with a 19 person team in 2024.

Dreamfactory offers an open source and commercial REST API backend for mobile, web, and IoT applications. Our Innovative API Automation Platform generates the REST API: fully documented, live, secured, and standardized with API best practices in place, allowing you to connect to over 60+ data sources and services with just a few simple clicks. We believe we offer a solution in the API space that is not just an incremental improvement over our competitors, but a significant leap in terms of the amount of time, headaches, and developer resources we will save you. Our platform incorporates more than a decade of deep experience involving how to securely build, deploy, and manage service-based applications in the enterprise. Dreamfactory can be installed on any server, connected to any SQL or NoSQL database, and used for developing HTML5 or native mobile applications. Our technology enables developers to build modern applications for the phone, tablet, or desktop without having to manage server-side code and complexity. Dreamfactory has innovated beyond this technology to be able to connect to anything instantly and provide a fully reusable, standardized REST API with full documentation. You do not need to rely on the DreamFactory engineering roadmap to handle emergent technologies - we will not be a bottleneck for your API needs. Dreamfactory also uses this REST API auto-generation to integrate anything almost instantly, completely on-premise, so that you can achieve complete IT environment homogenization inside a couple of months. This is achieved through the standardized way that APIs are deployed, meaning you are eliminating backend complexity for your development teams. If RESTification is the way forward for you, DreamFactory is the fastest and most enterprise-friendly way of doing it, because you get unlimited connections with a Dreamfactory license for significantly less cost; hence, you can scale Dreamfactory across your organization in a way that SnapLogic cannot. Dreamfactory additionally has unique API Orchestration capabilities that allow you to raise your team's data quality through allowing you to combine data from different data sources, or combine data from different tables within the same data source, with a single API call. This capability offers a new best practice in enterprise gateways. Finally, we have GraphQL autogeneration just around the corner and have new security updates about to be released that will make Dreamfactory the most secure API Management solution. We were built from the ground up based on the frustrations with the learning curve required for API solutions like Mulesoft and SnapLogic - and is why we have clients like McKesson (#6 on the Fortune 500 list) stating that Dreamfactory is significantly easier and cheaper than [major competitor], and wishing they found us sooner.

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Dreamfactory Software Revenue

In 2024, Dreamfactory Software's revenue reached $2.7M. The company previously reported $1.7M in 2023. Since its launch in 2005, Dreamfactory Software has shown consistent revenue growth.

Dreamfactory Software Revenue GrowthReported revenue / ARR by year$0$600K$1M$2M$2M$3M20052007200920112013201520172019202120232024$0$1M$3MSource: GetLatka.com
YearMilestoneQuote
2024Dreamfactory Software Hit $2.7m revenue in October 2024
2023Dreamfactory Software Hit $1.7m revenue in December 2023
2020Dreamfactory Software Hit $1.4m revenue in August 2020
2005Launched with $0 revenue

Dreamfactory Software Valuation, Funding Rounds

Dreamfactory Software has not publicly disclosed its valuation. The company has raised $18.8M in total funding to date.

Dreamfactory Software has raised $18.8M in total funding across 5 rounds, most recently a $4M Series C round in 2014.

Dreamfactory Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$4M$8M$12M$16M$20M2005200720092011201320142005 cumulative: $0 • 2005 Founded: $02006 cumulative: $6M • 2005 Founded: $0 • 2006 Series A: $6M2008 cumulative: $11M • 2005 Founded: $0 • 2006 Series A: $6M • 2008 Series A: $5M2012 cumulative: $13M • 2005 Founded: $0 • 2006 Series A: $6M • 2008 Series A: $5M • 2012 Series B: $2M2014 cumulative: $15M • 2005 Founded: $0 • 2006 Series A: $6M • 2008 Series A: $5M • 2012 Series B: $2M • 2014 Series C: $2M2014 cumulative: $19M • 2005 Founded: $0 • 2006 Series A: $6M • 2008 Series A: $5M • 2012 Series B: $2M • 2014 Series C: $2M • 2014 Series C: $4M$19M2005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2014Series C$4M--
2014Series C$2M--
2012Series B$2M--
2008Series A$5M--
2006Series A$5.8M--

Dreamfactory Software Employees & Team Size

Dreamfactory Software employs approximately 19 people as of 2026, up from 15 in 2023.

Dreamfactory Software has 19 total employees in different roles and functions and 5 sales reps that carry a quota.

Dreamfactory Software Team GrowthReported headcount over time04812162020052007200920112013201520172019202120232024001919Source: GetLatka.com
YearMilestone
2024Reached 19 employees (October 2024)
2023Reached 15 employees (December 2023)
2022Reached 17 employees (December 2022)
2021Reached 16 employees (December 2021)
2020Reached 16 employees (December 2020)
2020Reached 16 employees (August 2020)
2020Reached 17 employees (June 2020)
2019Reached 18 employees (December 2019)
2018Reached 14 employees (December 2018)

Founder / CEO

Eric Rubin

My expertise is in enterprise software sales and business development. I was an early mover in the cloud in 1999, and helped design some of the predominant BD models for SaaS partnerships. An overview of my experience includes: Cofounder, Board Member and CEO of DreamFactory- DreamFactory offers a radically different approach to deliver HTML5 and mobile applications connected to cloud back-ends in the enterprise. I raised 13M through two rounds of venture capital and helped build a winning team. We have closed over 1,000 paying corporate accounts and counting, and have a freemium base of over 75,000 active companies. WebEx- I joined WebEx in 1999, when it was a few dozen employees. When I left WebEx it had over 2000 employees and 80% market share in web conferencing. I managed the indirect distribution channel, responsible for recruiting and pull-through revenue from ISV and Telco Partnerships. I built the indirect business from zero to 15% of total revenue. We pioneered new partner programs for service partners and managed several hundred partnerships including all the tier one Telco providers. Actional Software- I managed sales and business development for a user interface development toolkit for client-server applications. We captured the dominant share of our market (over 60%) by distribution through key OEM partners (IBM and HP), and a global network of master distributors. Actional is now a division of Progress Software. Prior to Actional I was an enterprise sales rep with expertise in Document Management, Configuration Management, and Computer Aided Design.

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Customers

We do not have customer count information for Dreamfactory Software yet.

Frequently Asked Questions about Dreamfactory Software

What is Dreamfactory Software's revenue?

Dreamfactory Software generates $2.7M in revenue.

Who founded Dreamfactory Software?

Dreamfactory Software was founded by Eric Rubin.

Who is the CEO of Dreamfactory Software?

The CEO of Dreamfactory Software is Eric Rubin.

How much funding does Dreamfactory Software have?

Dreamfactory Software raised $18.8M.

How many employees does Dreamfactory Software have?

Dreamfactory Software has 19 employees.

Where is Dreamfactory Software headquarters?

Dreamfactory Software is headquartered in Las Vegas, Nevada, United States.

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

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All figures on this page are GetLatka estimates from public sources and proprietary models. They are not verified by the company.

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Dreamfactory Software Revenue 2024: $2.7M ARR, $18.8M Raised