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2024 Revenue

$3.2M

Funding

$0

YOY

62.6%

Team

42

Founded

1995

How Etherstack CEO David Deacon grew to $3.2M revenue with a 42 person team in 2024.

Etherstack PLC specializes in communications wireless technology. It primarily designs, develops and deploys wireless communications software and products. It develops software for use in transceivers, which enables the transceiver to communicate with a radio network and other transceivers. In addition, it also licenses its software and designs to companies who manufacture telecommunication equipment primarily for government public safety agencies and utilities. Geographically, the firm operates through the region of the United Kingdom, the United States, Japan, Australia and New Zealand.

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Etherstack Revenue

In 2024, Etherstack's revenue reached $3.2M. The company previously reported $2M in 2023. Since its launch in 1995, Etherstack has shown consistent revenue growth.

Etherstack Revenue GrowthReported revenue / ARR over time$0$750K$2M$2M$3M$4M1995199719992001200320052007200920112013201520172019202120232024$0$2M$3MSource: GetLatka.com
YearMilestoneQuote
2024Etherstack Hit $3.2m revenue in October 2024
2023Etherstack Hit $2m revenue in December 2023
2021Etherstack Hit $1.6m revenue in April 2021
1995Launched with $0 revenue

Etherstack Valuation, Funding Rounds

Etherstack is a bootstrapped SaaS startup. Founded in 1995, Etherstack has grown to $3.2M in revenue without raising any venture capital or outside funding.

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

Etherstack Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11995Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

David Deacon

David has almost 20 years experience in the wireless communications industry. Prior to Etherstack, David founded and ran an Australian wireless technology company, Indian Pacific Communications Pty Ltd, for six years until it was sold to a public company in April 2000. Before this, David led software development teams involved in wireless research and development in Perth and Sydney. David founded Etherstack Pty Ltd in 2002 and has overseen its growth into operations in seven countries around the world.

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Customers

We do not have customer count information for Etherstack yet.

Etherstack Employees & Team Size

Etherstack employs approximately 42 people as of 2026, including 1 sales reps that carry a quota.

Etherstack Team GrowthReported headcount over time010203040501995199719992001200320052007200920112013201520172019202120232024004242Source: GetLatka.com
YearMilestone
2024Reached 42 employees (October 2024)
2023Reached 42 employees (December 2023)
2022Reached 43 employees (December 2022)
2021Reached 41 employees (December 2021)
2021Reached 35 employees (April 2021)

Frequently Asked Questions about Etherstack

What is Etherstack's revenue?

Etherstack generates $3.2M in revenue.

Who founded Etherstack?

Etherstack was founded by David Deacon.

Who is the CEO of Etherstack?

The CEO of Etherstack is David Deacon.

How much funding does Etherstack have?

Etherstack raised $0.

How many employees does Etherstack have?

Etherstack has 42 employees.

Where is Etherstack headquarters?

Etherstack is headquartered in Chippendale, New South Wales, Australia.

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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Etherstack Revenue 2024: $3.2M ARR (Bootstrapped)