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2024 Revenue

$3.1M

Customers

750

Funding

$0

YOY

70.2%

Avg ACV

$4.1K

Team

27

Founded

2017

How EmpowerRD CEO Harinder Sandhu grew EmpowerRD to $3.1M revenue and 750 customers in 2024.

Developer of Saas based smart platform for R&D claims. The company's platform uses AI to process research and development tax claims at 5% commission instead of 30% to other advisors, enabling large and small companies to settle their R&D claims and save time.

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EmpowerRD Revenue

In 2024, EmpowerRD's revenue reached $3.1M. The company previously reported $1.8M in 2023. Since its launch in 2017, EmpowerRD has shown consistent revenue growth.

EmpowerRD Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M20172018201920202021202220232024$0$1M$2M$3MSource: GetLatka.com
YearMilestone
2024EmpowerRD Hit $3.1m revenue in October 2024
2023EmpowerRD Hit $1.8m revenue in December 2023
2021EmpowerRD Hit $1.2m revenue in April 2021
2017Launched with $0 revenue

EmpowerRD Valuation, Funding Rounds

EmpowerRD is a bootstrapped Generative AI Software startup. Founded in 2017, EmpowerRD has grown to $3.1M in revenue without raising any venture capital or outside funding.

As a self-funded Generative AI Software SaaS company, EmpowerRD has built its business with no outside investment.

EmpowerRD Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

EmpowerRD Employees & Team Size

EmpowerRD employs approximately 27 people as of 2026, down from 33 in 2023.

EmpowerRD has 27 total employees in different roles and functions and 1 sales reps that carry a quota. They have 750 customers that rely on the company's solutions.

EmpowerRD Team GrowthReported headcount over time081523303820172018201920202021202220232024002727Source: GetLatka.com
YearMilestone
2024Reached 27 employees (October 2024)
2023Reached 33 employees (December 2023)
2022Reached 25 employees (December 2022)
2021Reached 26 employees (December 2021)
2021Reached 23 employees (April 2021)

Founder / CEO

Harinder Sandhu

Harinder Sandhu, CEO and Founder EmpowerRD

Q&A

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Customers

See how EmpowerRD acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

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Frequently Asked Questions about EmpowerRD

What is EmpowerRD's revenue?

EmpowerRD generates $3.1M in revenue.

Who founded EmpowerRD?

EmpowerRD was founded by Harinder Sandhu.

Who is the CEO of EmpowerRD?

The CEO of EmpowerRD is Harinder Sandhu.

How much funding does EmpowerRD have?

EmpowerRD raised $0.

How many employees does EmpowerRD have?

EmpowerRD has 27 employees.

Where is EmpowerRD headquarters?

EmpowerRD is headquartered in London, England, United Kingdom.

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Compare EmpowerRD to the industry

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

EmpowerRD Revenue 2024: $3.1M ARR (Bootstrapped)