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Efecte PLC is a Finnish software company. It provides cloud-based service and identity management software solutions, as well as related consultancy services. The products offered by the company include Federated Access Management, Identity Management, Finance Management and Request Fulfilment. The company's services include Professional Services, Training, Support and Operations and Consultancy Services.
Last updated
In 2024, Efecte's revenue reached $25M. The company previously reported $17.3M in 2021. Since its launch in 1998, Efecte has shown consistent revenue growth.
Efecte reached a $51.8M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $51.8M | - |
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Efecte serves 300 customers.
Efecte employs approximately 191 people as of 2026, down from 202 in 2023, including 34 sales reps that carry a quota. It serves 300 customers that rely on its solutions.
Efecte generates an estimated $25M in annual revenue.
Efecte was founded by Niilo Fredrikson.
The CEO of Efecte is Niilo Fredrikson.
Efecte raised $0.
Efecte has 191 employees.
Efecte is headquartered in Espoo, Finland.
Efecte operates across multiple industries. Browse revenue, funding, and growth data for Efecte 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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Valuation
$51.8M
2024 Revenue
$25M(Est.)
Customers
300
Funding
$0
Avg ACV
$83.3K
Team
191
Founded
1998
| Year | Milestone | Source |
|---|---|---|
| 2024 | Efecte Hit $25m revenue in June 2024 | Estimated |
| 2021 | Efecte Hit $17.3m revenue in April 2021 | |
| 1998 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 191 employees (December 2024) | |
| 2024 | Reached 178 employees (October 2024) | |
| 2023 | Reached 202 employees (September 2023) | |
| 2023 | Reached 198 employees (January 2023) | |
| 2022 | Reached 185 employees (January 2022) | |
| 2021 | Reached 157 employees (August 2021) | |
| 2021 | Reached 106 employees (April 2021) |
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