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2024 Revenue

$1.9M

Funding

$0

YOY

49.2%

Team

19

Founded

1997

How Embedded Planet CEO Matt Hoover grew to $1.9M revenue with a 19 person team in 2024.

Developer of embedded hardware and software systems. The company designs, develops and deploy process for embedded systems engineering. It also offers single board computer modules and debugging tools.

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Embedded Planet Revenue

In 2024, Embedded Planet's revenue reached $1.9M. The company previously reported $1.3M in 2023. Since its launch in 1997, Embedded Planet has shown consistent revenue growth.

Embedded Planet Revenue GrowthReported revenue / ARR over time$0$400K$800K$1M$2M$2M199719992001200320052007200920112013201520172019202120232024$0$1M$2MSource: GetLatka.com
YearMilestoneQuote
2024Embedded Planet Hit $1.9m revenue in October 2024
2023Embedded Planet Hit $1.3m revenue in December 2023
2021Embedded Planet Hit $1.1m revenue in April 2021
1997Launched with $0 revenue

Embedded Planet Valuation, Funding Rounds

Embedded Planet is a bootstrapped IoT Development Tools startup. Founded in 1997, Embedded Planet has grown to $1.9M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Development Tools SaaS company, Embedded Planet has built its business with no outside investment.

Embedded Planet 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$11997Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Matt Hoover

Customer oriented executive with over thirty years of management, marketing and sales experience working with OEMs on electronic, hardware, software, control, RF and embedded product solutions.

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Customers

We do not have customer count information for Embedded Planet yet.

Embedded Planet Employees & Team Size

Embedded Planet employs approximately 19 people as of 2026, up from 18 in 2023, including 31 sales reps that carry a quota.

Embedded Planet Team GrowthReported headcount over time048121620199719992001200320052007200920112013201520172019202120232024001919Source: GetLatka.com
YearMilestone
2024Reached 19 employees (October 2024)
2023Reached 18 employees (December 2023)
2022Reached 19 employees (December 2022)
2021Reached 19 employees (December 2021)
2021Reached 19 employees (April 2021)

Frequently Asked Questions about Embedded Planet

What is Embedded Planet's revenue?

Embedded Planet generates $1.9M in revenue.

Who founded Embedded Planet?

Embedded Planet was founded by Matt Hoover.

Who is the CEO of Embedded Planet?

The CEO of Embedded Planet is Matt Hoover.

How much funding does Embedded Planet have?

Embedded Planet raised $0.

How many employees does Embedded Planet have?

Embedded Planet has 19 employees.

Where is Embedded Planet headquarters?

Embedded Planet is headquartered in Cleveland, Ohio, United States.

Compare Embedded Planet to the industry

Embedded Planet operates across multiple industries. Browse revenue, funding, and growth data for Embedded Planet 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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Embedded Planet Revenue 2024: $1.9M ARR (Bootstrapped)