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2024 Revenue

$3.9M

Customers

5K

Funding

$0

YOY

18.6%

Avg ACV

$782

Team

33

Founded

2008

How Erpnext CEO Rushabh Mehta grew Erpnext to $3.9M revenue and 5K customers in 2024.

Open Source ERP

Last updated

Erpnext Revenue

In 2024, Erpnext's revenue reached $3.9M. The company previously reported $3.3M in 2023. Since its launch in 2008, Erpnext has shown consistent revenue growth.

Erpnext Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M$5M200820102012201420162018202020222024$0$3M$4MSource: GetLatka.com
YearMilestone
2024Erpnext Hit $3.9m revenue in October 2024
2023Erpnext Hit $3.3m revenue in December 2023
2008Launched with $0 revenue

Erpnext Valuation, Funding Rounds

Erpnext is a bootstrapped ERP Systems startup. Founded in 2008, Erpnext has grown to $3.9M in revenue without raising any venture capital or outside funding.

As a self-funded ERP Systems SaaS company, Erpnext has built its business with no outside investment.

Erpnext Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120082008 cumulative: $0 • 2008 Founded: $02008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Erpnext Employees & Team Size

Erpnext employs approximately 33 people as of 2026.

Erpnext has 33 total employees in different roles and functions and 1 sales reps that carry a quota. They have 5K customers that rely on the company's solutions.

Erpnext Team GrowthReported headcount over time0815233038200820102012201420162018202020222024003333Source: GetLatka.com
YearMilestone
2024Reached 33 employees (October 2024)
2023Reached 33 employees (December 2023)
2022Reached 33 employees (December 2022)
2021Reached 31 employees (December 2021)
2020Reached 25 employees (June 2020)
2019Reached 26 employees (December 2019)
2018Reached 27 employees (December 2018)

Founder / CEO

Rushabh Mehta

Founder and CEO of Frappe Technologies, the publisher of ERPNext, the world's #1 100% Open Source ERP

Q&A

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Customers

See how Erpnext 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 Erpnext

What is Erpnext's revenue?

Erpnext generates $3.9M in revenue.

Who founded Erpnext?

Erpnext was founded by Rushabh Mehta.

Who is the CEO of Erpnext?

The CEO of Erpnext is Rushabh Mehta.

How much funding does Erpnext have?

Erpnext raised $0.

How many employees does Erpnext have?

Erpnext has 33 employees.

Where is Erpnext headquarters?

Erpnext is headquartered in Mumbai, Maharashtra, India.

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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 .

Erpnext Revenue 2024: $3.9M ARR (Bootstrapped)