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How Elegate CEO Mahmoud Saied grew Elegate 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

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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 by year$0$500K$1M$2M$2M$3M199619982000200220042006200820102012201420162018202020222023$0$2MSource: GetLatka.com
YearMilestone
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$119961996 cumulative: $0 • 1996 Founded: $01996 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Elegate Employees & Team Size

Elegate employs approximately 8 people as of 2026, up from 6 in 2022.

Elegate has 8 total employees in different roles and functions. They have 300 customers that rely on the company's 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)

Founder / CEO

Mahmoud Saied

Mahmoud Saied is listed as Founder / CEO at Elegate.

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Customers

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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.

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Compare Elegate to the industry

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

Elegate Revenue 2023: $1.9M ARR (Bootstrapped)