2024 Revenue
$2.9M
Funding
$0
YOY
58.9%
Team
16
Founded
2011
How Ethelo CEO John Richardson grew to $2.9M revenue with a 16 person team in 2024.
Developer of a web technology intended to help large groups to reach better decisions collectively. The company's platform gives participants a meaningful role in the decision-making process, balances the interest of decision-makers and stakeholders, and the algorithm helps break down complex decisions into a series of simpler decisions that can be tackled collectively, helping engagement consultants, developers, architects, municipalities, and enterprises to easily turn the input of large and diverse groups into actionable, broadly supported decisions.
Last updated
Ethelo Revenue
In 2024, Ethelo's revenue reached $2.9M. The company previously reported $1.8M in 2023. Since its launch in 2011, Ethelo has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Ethelo Hit $2.9m revenue in October 2024 | |
| 2023 | Ethelo Hit $1.8m revenue in December 2023 | |
| 2021 | Ethelo Hit $1.5m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
Ethelo Valuation, Funding Rounds
Ethelo is a bootstrapped Team Collaboration Software startup. Founded in 2011, Ethelo has grown to $2.9M in revenue without raising any venture capital or outside funding.
As a self-funded Team Collaboration Software SaaS company, Ethelo has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
John Richardson
CEO
John is a mathematician, lawyer, entrepreneur and the inventor of the Ethelo technology.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Ethelo yet.
Ethelo Employees & Team Size
Ethelo employs approximately 16 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 16 employees (October 2024) |
| 2023 | Reached 16 employees (December 2023) |
| 2022 | Reached 13 employees (December 2022) |
| 2021 | Reached 16 employees (December 2021) |
| 2021 | Reached 18 employees (April 2021) |
Frequently Asked Questions about Ethelo
What is Ethelo's revenue?
Ethelo generates an estimated $2.9M in annual revenue.
Who founded Ethelo?
Ethelo was founded by John Richardson.
Who is the CEO of Ethelo?
The CEO of Ethelo is John Richardson.
How much funding does Ethelo have?
Ethelo is bootstrapped and has not raised outside funding.
How many employees does Ethelo have?
Ethelo has 16 employees.
Where is Ethelo headquarters?
Ethelo is headquartered in Vancouver, British Columbia, Canada.
Compare Ethelo to the industry
Ethelo operates across multiple industries. Browse revenue, funding, and growth data for Ethelo 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.
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