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How Elasticsearch B.V. CEO Shay Banon grew Elasticsearch B.V. 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.

Elasticsearch B.V. Revenue GrowthReported revenue / ARR by year$0$125M$250M$375M$500M$625M2012201420162018202020222024$0$428M$580MSource: GetLatka.com
YearMilestone
2024Elasticsearch B.V. Hit $580.1m revenue in December 2024Source
2021Elasticsearch B.V. Hit $427.6m revenue in April 2021
2012Launched 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.

Elasticsearch B.V. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$150M$300M$450M$600M$750M201220132014201520162012 cumulative: $10M • 2012 Funding round: $10M2013 cumulative: $34M • 2012 Funding round: $10M • 2013 Series B: $24M2016 cumulative: $104M • 2012 Funding round: $10M • 2013 Series B: $24M • 2016 Series C: $70M @ $630M valuation2016 cumulative: $162M • 2012 Funding round: $10M • 2013 Series B: $24M • 2016 Series C: $70M @ $630M valuation • 2016 Series D: $58M$162M2016 Series C: $630M valuation$630MSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Series D$58M--
2016Series C$70M$630M11%
2013Series B$24M--
2012Funding round$10M--

Elasticsearch B.V. Employees & Team Size

Elasticsearch B.V. employs approximately 1.1K people as of 2026, down from 2.2K in 2021.

Elasticsearch B.V. has 1.1K total employees in different roles and functions and 277 sales reps that carry a quota. They have 593 customers that rely on the company's solutions.

Elasticsearch B.V. Team GrowthReported headcount over time05001,0001,5002,0002,5002012201420162018202020222024002,1672,1671,1361,136Source: GetLatka.com
YearMilestone
2024Reached 1.1K employees (December 2024)
2021Reached 2.2K employees (April 2021)

Founder / CEO

Shay Banon

Shay Banon is listed as Founder / CEO at Elasticsearch B.V. .

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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

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 .

Elasticsearch B.V. Revenue 2024: $580.1M ARR