Effitrac Solutions
2024 Revenue
$5.6M
Customers
100
Funding
$0
YOY
54.5%
Avg ACV
$56K
Team
32
Founded
2012
How Effitrac Solutions CEO Logesh Velusamy grew Effitrac Solutions to $5.6M revenue and 100 customers in 2024.
Empowering SME's with innovative and creative IT solutions and overcoming traditional growth barriers of SME's with the state of art tools Effitrac has been engineered to aid the businesses to stay ahead of the competition and to reinvent the way they work. Effitrac is currently offering 27+ modules across financial accounting, sales, purchase, hr, payroll, CRM, project management, process & discrete manufacturing for various industries having happy customers in four countries (India, United Arab Emirates, Kingdom of Saudi Arabia & China) Call us now to understand how Effitrac has enabled SME's with new ways to deal with the business tasks from anywhere anytime. Effitrac offers both SaaS & Standalone solutions to its customers with multilingual support. Visit us @ www.effitrac.com for additional details. Reach out to +91 97871 55333 / +91 97872 55333/ [email protected] for the partnership program to empower SME's We are offering tailor-made solutions for following industries.
Last updated
Effitrac Solutions Revenue
In 2024, Effitrac Solutions's revenue reached $5.6M. The company previously reported $3.6M in 2023. Since its launch in 2012, Effitrac Solutions has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Effitrac Solutions Hit $5.6m revenue in October 2024 |
| 2023 | Effitrac Solutions Hit $3.6m revenue in December 2023 |
| 2021 | Effitrac Solutions Hit $2.8m revenue in April 2021 |
| 2012 | Launched with $0 revenue |
Effitrac Solutions Valuation, Funding Rounds
Effitrac Solutions is a bootstrapped Other Collaboration Software startup. Founded in 2012, Effitrac Solutions has grown to $5.6M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Effitrac Solutions has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Effitrac Solutions Employees & Team Size
Effitrac Solutions employs approximately 32 people as of 2026, down from 37 in 2023.
Effitrac Solutions has 32 total employees in different roles and functions. They have 100 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 32 employees (December 2024) |
| 2024 | Reached 35 employees (October 2024) |
| 2023 | Reached 37 employees (December 2023) |
| 2022 | Reached 42 employees (December 2022) |
| 2021 | Reached 34 employees (December 2021) |
| 2021 | Reached 33 employees (April 2021) |
Founder / CEO
Logesh Velusamy
The driving force behind Effitrac, Founder and CEO Logesh Velusamy has over 15 years of experience in Business Turnaround, Change Management and Business Modelling. While he comes from a family that owns businesses in sectors like Electrical Wholesale Trading, Poultry, Feed Manufacturing, and Apparel Manufacturing, his keen interest in engineering and in technology led him to pursue his BE in Electronics and Communication from Coimbatore Institute of Technology. He then went on to work as Tech Lead at IBS Software, a leader in IT Solutions for the Travel, Transportation and Logistics (TTL) industry, and at Accenture, a global professional services leader. He is an accomplished Technology Architect across various domains as well as regions, including USA, Middle East, Sri Lanka and Africa. After his long stints at various organisations, Logesh came back to Coimbatore, his hometown, to take over running his family’s businesses. His technology experience and intuitive understanding of the difficulties faced by business owners led him to work on creating a complete technology solution for managing business processes, especially for MSMEs, and launched Effitrac in 2012.
Q&A
| Question | Answer |
|---|---|
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Customers
See how Effitrac Solutions acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Effitrac Solutions
What is Effitrac Solutions's revenue?
Effitrac Solutions generates $5.6M in revenue.
Who founded Effitrac Solutions?
Effitrac Solutions was founded by Logesh Velusamy.
Who is the CEO of Effitrac Solutions?
The CEO of Effitrac Solutions is Logesh Velusamy.
How much funding does Effitrac Solutions have?
Effitrac Solutions raised $0.
How many employees does Effitrac Solutions have?
Effitrac Solutions has 32 employees.
Where is Effitrac Solutions headquarters?
Effitrac Solutions is headquartered in Coimbatore, Tamil Nadu, India.
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Compare Effitrac Solutions to the industry
Effitrac Solutions operates across multiple industries. Browse revenue, funding, and growth data for Effitrac Solutions 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 .