Valuation
$1.7M
2025 Revenue
$550K
Customers
50K
Funding
$0
Avg ACV
$11
Team
5
Founded
2014
How EspoCRM CEO Taras Machyshyn grew EspoCRM to $550K revenue and 50K customers in 2025.
EspoCRM is an Open Source CRM (Customer Relationship Management) software that allows you to see, enter and evaluate all your company relationships
Last updated
EspoCRM Revenue
In 2025, EspoCRM's revenue reached $550K. Since its launch in 2014, EspoCRM has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | EspoCRM Hit $550k revenue in September 2025 |
| 2014 | Launched with $0 revenue |
EspoCRM Valuation, Funding Rounds
EspoCRM's most recent disclosed valuation is $1.7M.
EspoCRM is a bootstrapped Customer Success Software startup. Founded in 2014, EspoCRM has grown to $550K in revenue without raising any venture capital or outside funding.
As a self-funded Customer Success Software SaaS company, EspoCRM has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
EspoCRM Employees & Team Size
EspoCRM employs approximately 5 people as of 2026.
EspoCRM has 5 total employees in different roles and functions. They have 50K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 5 employees (October 2024) |
| 2020 | Reached 5 employees (October 2020) |
Founder / CEO
Taras Machyshyn
Taras Machyshyn is listed as Founder / CEO at EspoCRM.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how EspoCRM acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about EspoCRM
What is EspoCRM's revenue?
EspoCRM generates $550K in revenue.
Who founded EspoCRM?
EspoCRM was founded by Taras Machyshyn.
Who is the CEO of EspoCRM?
The CEO of EspoCRM is Taras Machyshyn.
How much funding does EspoCRM have?
EspoCRM raised $0.
How many employees does EspoCRM have?
EspoCRM has 5 employees.
Where is EspoCRM headquarters?
EspoCRM is headquartered in Chernivtsi, Ukraine.
People Also Viewed
DoxyChain
Next-generation blockchain document management system (DMS)
MightyScout
MightyScout helps marketers effortlessly run influencer marketing campaigns with a suite of campaign management, influencer tracking, influencer relationship management, and analytics & reporting tools.
Webproof
The company primarily operates in the Software industry. Webproof is headquartered in Miami, FL.
RTB-Media
RTB-Media is a cross-channel trading desk and reporting platform for brands and agencies.
OpsVantage Digital
X-CITE S.A.
We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.
Compare EspoCRM to the industry
EspoCRM operates across multiple industries. Browse revenue, funding, and growth data for EspoCRM 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 .