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 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | EmpowerRD Hit $3.1m revenue in October 2024 | |
| 2023 | EmpowerRD Hit $1.8m revenue in December 2023 | |
| 2021 | EmpowerRD Hit $1.2m revenue in April 2021 | |
| 2017 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
EmpowerRD serves 750 customers.
EmpowerRD Employees & Team Size
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.
| Year | Milestone |
|---|---|
| 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) |
Frequently Asked Questions about EmpowerRD
What is EmpowerRD's revenue?
EmpowerRD generates an estimated $3.1M in annual 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 is bootstrapped and has not raised outside funding.
How many employees does EmpowerRD have?
EmpowerRD has 27 employees.
Where is EmpowerRD headquarters?
EmpowerRD is headquartered in London, England, United Kingdom.
Compare EmpowerRD to the industry
EmpowerRD operates across multiple industries. Browse revenue, funding, and growth data for EmpowerRD 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.
Claim this profilePeople Also Viewed
Qollabi
Channel Sales, Branch Management, Broker Management, Resellers, Agents? Qollabi helps companies to build stronger partner and business relationships. Our BRM (Business Relationship Management) software is made for professionals who are responsible for managing indirect sales channels (eg. managing agents, branches, brokers, resellers, partners etc). The journey of the end customer has changed dramatically in the last decade. Therefore, the role of the (channel) account manager and the role of the intermediary changed enormously. Most of the companies make their account and business plans in PowerPoint, Excel or Word. This makes it difficult to follow up and leads to presentations that get stuck somewhere in a drawer. Leading to lost productivity and efficiency impacting your entire channel and therefore turn-over. Qollabi digitalizes and centralizes your plans. It makes it easy to follow up and collaborate in a digital way. Plan: group your accounts and set Objectives and Key Res
HireSweet
Use HireSweet CRM and HireSweet Marketplace to attract more candidates across all roles.
Quicksilva
Provider of systems integration and messaging services based in the United Kingdom. The company offers integration, consultancy, managed and partner services, enabling health, social care and other industries to get affordable services.
Salaso Health Solutions
Provider of online physiotherapy prescription services intended to offer practice exercise rehabilitation to people everywhere. The company's online physiotherapy prescription services are offered through a software that provides exercise videos to patients through smartphone, tablet or computer along with an e-learning tool to engage patients with the content and ensure adherence to the home exercise program, enabling healthcare professionals to deliver physiotherapy exercises to their patients and ensure their recovery.
Veridium
Developer of a biometric identification platform intended to reduce data breaches and fraudulent transactions. The company's platform replaces tokens and passwords and instead uses a single-step multi-factor biometric authentication feature to verify data and distribute the storage between the device and server and avoid external intrusions, enabling businesses to detect and eliminate unwanted breaches, hence maintaining data privacy.
Wiztopic
Developer of a cloud-based SaaS platform and a new generation of a corporate communications platform. The company corporate communications platform is dedicated to corporate and financial communication executives. It helps them to streamline content management, SEO, social and multichannel distribution, stakeholder relationships and performance assessment, in full compliance with their sectors' constraints. It manages all content formats (video, images, text, infographics, audio) and is adapted to mobile or other devices, enabling businesses executives to simplifies corporate and financial content distribution, stakeholders relationship management, event organization and tracking of communication performance.
