Elasticsearch B.V.
Valuation
$630M
2024 Revenue
$580.1M
Customers
593
Funding
$162M
Avg ACV
$978.2K
Team
1.1K
Churn
8%
Founded
2012
How Elasticsearch B.V. CEO Shay Banon grew to $580.1M revenue and 593 customers in 2024.
At Elastic, we help organizations, their employees, and their customers accelerate the results that matter.
With solutions in Enterprise Search, Observability, and Security, we help enhance customer and employee search experiences, keep mission-critical applications running smoothly, and protect against cyber threats. Delivered wherever data lives, in one cloud, across many clouds, or on-prem, Elastic enables more than 50% of the Fortune 500, and 17,000+ customers including Netflix, Uber, Slack, and Microsoft, to achieve new levels of success at scale and on a single platform. Learn more at elastic.co.
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Elasticsearch B.V. Revenue
In 2024, Elasticsearch B.V.'s revenue reached $580.1M. The company previously reported $427.6M in 2021. Since its launch in 2012, Elasticsearch B.V. has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Elasticsearch B.V. Hit $580.1m revenue in December 2024Source | |
| 2021 | Elasticsearch B.V. Hit $427.6m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
Elasticsearch B.V. Valuation, Funding Rounds
Elasticsearch B.V. reached a $630M valuation in 2016, set during its Series C round.
Elasticsearch B.V. has raised $162M in total funding across 4 rounds, most recently a $58M Series D round in 2016.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2016 | Series D | $58M | - | - | |
| 2016 | Series C | $70M | $630M | 11% | |
| 2013 | Series B | $24M | - | - | |
| 2012 | Funding round | $10M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Elasticsearch B.V. serves 593 customers.
Elasticsearch B.V. Employees & Team Size
Elasticsearch B.V. employs approximately 1.1K people as of 2026, down from 2.2K in 2021, including 277 sales reps that carry a quota. It serves 593 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 1.1K employees (December 2024) |
| 2021 | Reached 2.2K employees (April 2021) |
Frequently Asked Questions about Elasticsearch B.V.
What is Elasticsearch B.V.'s revenue?
Elasticsearch B.V. generates $580.1M in revenue.
Who founded Elasticsearch B.V.?
Elasticsearch B.V. was founded by Shay Banon.
Who is the CEO of Elasticsearch B.V.?
The CEO of Elasticsearch B.V. is Shay Banon.
How much funding does Elasticsearch B.V. have?
Elasticsearch B.V. raised $162M.
How many employees does Elasticsearch B.V. have?
Elasticsearch B.V. has 1.1K employees.
Where is Elasticsearch B.V. headquarters?
Elasticsearch B.V. is headquartered in Mountain View, California, United States.
Compare Elasticsearch B.V. to the industry
Elasticsearch B.V. operates across multiple industries. Browse revenue, funding, and growth data for Elasticsearch B.V. 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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