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2023 Revenue

$1.9M

Customers

300

Funding

$0

Avg ACV

$6.4K

Team

8

Founded

1996

How Elegate CEO Mahmoud Saied grew to $1.9M revenue and 300 customers in 2023.

Developer of a branded ordering system designed to let customers order and pay for food and drinks. The company's services provide digital ordering, delivery tracking, integrates with various third party on-demand delivery service providers and also provides necessary alerts, enabling customers to place digital orders online without having to wait to place an order

Last updated

Elegate Revenue

In 2023, Elegate's revenue reached $1.9M. The company previously reported $399.1K in 2021. Since its launch in 1996, Elegate has shown consistent revenue growth.

Elegate Revenue GrowthReported revenue / ARR over time$0$500K$1M$2M$2M$3M199619982000200220042006200820102012201420162018202020222023$0$2MSource: GetLatka.com
YearMilestoneQuote
2023Elegate Hit $1.9m revenue in December 2023
2021Elegate Hit $399.1k revenue in April 2021
1996Launched with $0 revenue

Elegate Valuation, Funding Rounds

Elegate is a bootstrapped Last Mile Delivery Software startup. Founded in 1996, Elegate has grown to $1.9M in revenue without raising any venture capital or outside funding.

As a self-funded Last Mile Delivery Software SaaS company, Elegate has built its business with no outside investment.

Elegate Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11996Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Mahmoud Saied

Mahmoud Saied is listed as Founder / CEO at Elegate.

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Customers

Elegate serves 300 customers.

Elegate Employees & Team Size

Elegate employs approximately 8 people as of 2026, up from 6 in 2022. It serves 300 customers that rely on its solutions.

Elegate Team GrowthReported headcount over time02468101996199820002002200420062008201020122014201620182020202220230088Source: GetLatka.com
YearMilestone
2023Reached 8 employees (December 2023)
2022Reached 6 employees (December 2022)
2021Reached 2 employees (December 2021)
2021Reached 5 employees (April 2021)

Frequently Asked Questions about Elegate

What is Elegate's revenue?

Elegate generates $1.9M in revenue.

Who founded Elegate?

Elegate was founded by Mahmoud Saied.

Who is the CEO of Elegate?

The CEO of Elegate is Mahmoud Saied.

How much funding does Elegate have?

Elegate raised $0.

How many employees does Elegate have?

Elegate has 8 employees.

Where is Elegate headquarters?

Elegate is headquartered in Egypt.

Compare Elegate to the industry

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