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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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
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| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
EmpowerRD serves 750 customers.
EmpowerRD employs approximately 27 people as of 2026, down from 33 in 2023, including 1 sales reps that carry a quota. It serves 750 customers that rely on its solutions.
EmpowerRD generates an estimated $3.1M in annual revenue.
EmpowerRD was founded by Harinder Sandhu.
The CEO of EmpowerRD is Harinder Sandhu.
EmpowerRD is bootstrapped and has not raised outside funding.
EmpowerRD has 27 employees.
EmpowerRD is headquartered in London, England, United Kingdom.
EmpowerRD operates across multiple industries. Browse revenue, funding, and growth data for EmpowerRD in each sector below.
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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2024 Revenue
$3.1M(Est.)
Customers
750
Funding
$0
Avg ACV
$4.1K
Team
27
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | EmpowerRD Hit $3.1m revenue in October 2024 | Estimated |
| 2023 | EmpowerRD Hit $1.8m revenue in December 2023 | Estimated |
| 2021 | EmpowerRD Hit $1.2m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 27 employees (October 2024) | |
| 2023 | Reached 33 employees (December 2023) | |
| 2022 | Reached 25 employees (December 2022) | |
| 2021 | Reached 26 employees (December 2021) | |
| 2021 | Reached 23 employees (April 2021) |
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