2024 Revenue
$1.7M
Funding
$0
YOY
85.8%
Team
41
Founded
2015
How Expeto CEO Michael Anderson grew to $1.7M revenue with a 41 person team in 2024.
Provider of a virtualized evolved packet core (vEPC) platform created to manage global IoT deployments over 4G/LTE networks. The company provides an on-demand, cloud-based service to increase service agility of the LTE core network layer through its network functions automation and orchestration of the virtualized LTE core. It provide enterprise the ability to control, secure and orchestrate all aspects of a connected business from operations and logistics to analytics and reporting, enabling enterprises to deploy connected devices (e.g., tablets, digital sensors, connected vehicles) globally within the security of their own private network without relying on 3rd party or untrusted methodologies.
Last updated
Expeto Revenue
In 2024, Expeto's revenue reached $1.7M. The company previously reported $890.4K in 2023. Since its launch in 2015, Expeto has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Expeto Hit $1.7m revenue in October 2024 | |
| 2023 | Expeto Hit $890.4k revenue in December 2023 | |
| 2021 | Expeto Hit $508.2k revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
Expeto Valuation, Funding Rounds
Expeto is a bootstrapped IoT Connectivity Management Software startup. Founded in 2015, Expeto has grown to $1.7M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Connectivity Management Software SaaS company, Expeto has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
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 Expeto yet.
Expeto Employees & Team Size
Expeto employs approximately 41 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 41 employees (October 2024) |
| 2023 | Reached 41 employees (December 2023) |
| 2022 | Reached 45 employees (December 2022) |
| 2021 | Reached 28 employees (December 2021) |
| 2021 | Reached 24 employees (April 2021) |
Frequently Asked Questions about Expeto
What is Expeto's revenue?
Expeto generates an estimated $1.7M in annual revenue.
Who founded Expeto?
Expeto was founded by Michael Anderson.
Who is the CEO of Expeto?
The CEO of Expeto is Michael Anderson.
How much funding does Expeto have?
Expeto is bootstrapped and has not raised outside funding.
How many employees does Expeto have?
Expeto has 41 employees.
Where is Expeto headquarters?
Expeto is headquartered in Vancouver, British Columbia, Canada.
Compare Expeto to the industry
Expeto operates across multiple industries. Browse revenue, funding, and growth data for Expeto 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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