Empower revenue hit $953.4K in 2024

Empower generates revenue from customers

Empower

Mclean, Virginia, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Empower hit $953.4K revenue with a 28 person team in 2023.

Empower's mission is to transform the "Gig Economy" so that hard-working Americans can earn a sustainable living. This transformation begins with the rideshare industry. To do that, Empower has built innovative software that allows drivers to set their own rates and collect and keep 100% of the fare. Empower's software also enables riders to indicate what matters most to them. By decentralizing pricing and providing riders with greater choice, Empower's software is able to suggest the driver that is the best match for a rider, not simply the driver that is closest to them. Empower is revolutionizing the transportation industry. Not by providing transportation, but by selling software that puts transportation decisions back into the hands of drivers and riders. Empower provides the information and tools that drivers need to take control of their financial future and the choices that riders need to safely and affordably get from point A to point B. With Empower, both drivers and riders

Founded

2018

Founded

Revenue

$953.4K

2023 Revenue

YOY

-8%

YOY

Funding

$6.5M

Funding

Empower Revenue

In 2023, Empower revenue run rate hit $953.4K in revenue.

  • 2023

    Empower hit $953.4K in revenue in 2023

  • 2021

    Empower hit $1.1M in revenue in 2021

  • 2018

    Empower launched in 2018 with $0 revenue

Empower Funding History

  • 2021

    Empower raised a of in March, 2021

  • 2020

    Empower raised a of in September, 2020

  • 2020

    Empower raised a of in May, 2020

  • 2020

    Empower raised a of in February, 2020

  • 2019

    Empower raised a of in June, 2019

FUNDING DATE ROUND AMOUNT VALUATION
March, 31 2021
September, 02 2020
May, 06 2020
February, 10 2020
June, 17 2019

Team

Empower has 28 total employees and 1 sales reps that carry a quota. an engineering team of 2 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 28
Engineer 2 (7%)
Sales 1 (4%)
Marketing 1 (4%)

Founder / CEO

Joshua Sear

Building a team of passionate, committed, positive and honest people to transform the Gig Economy

Q&A

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Customers

Churn

Empower Executives

Name Position Working Email Personal Email
Joshua Sear CEO - -

Empower Employees

Name Position Working Email Personal Email
Joshua Sear CEO - -

Frequently Asked Questions about Empower

  • When was Empower founded?

    Empower was founded in 2018.

  • How much revenue does Empower generate?

    Empower generates $953.4K in revenue.

  • Who is the CEO of Empower

    The CEO of Empower is Joshua Sear.

  • How much funding does Empower have?

    Empower raised $6.5M.

  • How many employees does Empower have?

    Empower has 28 employees.

  • Where is Empower headquarters?

    Empower is headquartered at Mclean, Virginia, United States

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