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Valuation

$6.4M

2021 Revenue

$2.1M

Funding

$0

Team

42

Founded

2014

How ELS Technology CEO Hui Xu grew to $2.1M revenue with a 42 person team in 2021.

Developer and operator of a cloud supply chain management SAAS and supply chain financial products. The company's main products are SRM software platform, factoring/supply chain finance and an one-shop enterprise purchasing platform. The company's products and solutions are applied in many industries such as industrial manufacturing, medicine, electronics, home, home appliances.

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ELS Technology Revenue

In 2021, ELS Technology's revenue reached $2.1M. Since its launch in 2014, ELS Technology has shown consistent revenue growth.

ELS Technology Revenue GrowthReported revenue / ARR over time$0$500K$1M$2M$2M$3M20142015201620172018201920202021$0$2MSource: GetLatka.com
YearMilestoneQuote
2021ELS Technology Hit $2.1m revenue in April 2021
2014Launched with $0 revenue

ELS Technology Valuation, Funding Rounds

ELS Technology's most recent disclosed valuation is $6.4M.

ELS Technology is a bootstrapped Procurement Software startup. Founded in 2014, ELS Technology has grown to $2.1M in revenue without raising any venture capital or outside funding.

As a self-funded Procurement Software SaaS company, ELS Technology has built its business with no outside investment.

ELS Technology 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$12014Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Hui Xu

Former Vice President of SAP China, in charge of South China Southwest Enterprise Business; Served as the consulting director of SAP South China Southwest Region; Former Vice President of Bonan Stone Consulting China; Former Vice President of Ouya Management Consulting China; Senior Manager of the Management System Department of P&G Procter & Gamble China;

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Customers

We do not have customer count information for ELS Technology yet.

ELS Technology Employees & Team Size

ELS Technology employs approximately 42 people as of 2026, up from 24 in 2021.

ELS Technology Team GrowthReported headcount over time010203040502014201620182020202220240024244242Source: GetLatka.com
YearMilestone
2024Reached 42 employees (October 2024)
2021Reached 24 employees (April 2021)

Frequently Asked Questions about ELS Technology

What is ELS Technology's revenue?

ELS Technology generates $2.1M in revenue.

Who is the CEO of ELS Technology?

The CEO of ELS Technology is Hui Xu.

How much funding does ELS Technology have?

ELS Technology raised $0.

How many employees does ELS Technology have?

ELS Technology has 42 employees.

Where is ELS Technology headquarters?

ELS Technology is headquartered in Shenzhen, Guangdong, China.

Compare ELS Technology to the industry

ELS Technology operates across multiple industries. Browse revenue, funding, and growth data for ELS Technology 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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ELS Technology Revenue 2021: $2.1M ARR, $6.4M Valuation