Erpnext
2024 Revenue
$3.9M
Customers
5K
Funding
$0
YOY
18.6%
Avg ACV
$782
Team
33
Founded
2008
How Erpnext CEO Rushabh Mehta grew 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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Erpnext Hit $3.9m revenue in October 2024 | |
| 2023 | Erpnext Hit $3.3m revenue in December 2023 | |
| 2008 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Rushabh Mehta
CEO
Founder and CEO of Frappe Technologies, the publisher of ERPNext, the world's #1 100% Open Source ERP
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Erpnext serves 5K customers.
Erpnext Employees & Team Size
Erpnext employs approximately 33 people as of 2026, including 1 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 33 employees (October 2024) |
| 2023 | Reached 33 employees (December 2023) |
| 2022 | Reached 33 employees (December 2022) |
| 2021 | Reached 31 employees (December 2021) |
| 2020 | Reached 25 employees (June 2020) |
| 2019 | Reached 26 employees (December 2019) |
| 2018 | Reached 27 employees (December 2018) |
Frequently Asked Questions about Erpnext
What is Erpnext's revenue?
Erpnext generates an estimated $3.9M in annual 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 is bootstrapped and has not raised outside funding.
How many employees does Erpnext have?
Erpnext has 33 employees.
Where is Erpnext headquarters?
Erpnext is headquartered in Mumbai, Maharashtra, India.
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.
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