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How Expeto CEO Michael Anderson grew Expeto 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.

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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.

Expeto Revenue GrowthReported revenue / ARR by year$0$400K$800K$1M$2M$2M201520172019202120232024$0$508K$890K$2MSource: GetLatka.com
YearMilestone
2024Expeto Hit $1.7m revenue in October 2024
2023Expeto Hit $890.4k revenue in December 2023
2021Expeto Hit $508.2k revenue in April 2021
2015Launched 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.

Expeto Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120152015 cumulative: $0 • 2015 Founded: $02015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Expeto Employees & Team Size

Expeto employs approximately 41 people as of 2026.

Expeto has 41 total employees in different roles and functions.

Expeto Team GrowthReported headcount over time01020304050201520172019202120232024004141Source: GetLatka.com
YearMilestone
2024Reached 41 employees (October 2024)
2023Reached 41 employees (December 2023)
2022Reached 45 employees (December 2022)
2021Reached 28 employees (December 2021)
2021Reached 24 employees (April 2021)

Founder / CEO

Michael Anderson

Michael Anderson is listed as Founder / CEO at Expeto.

Q&A

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Customers

We do not have customer count information for Expeto yet.

Frequently Asked Questions about Expeto

What is Expeto's revenue?

Expeto generates $1.7M in 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 raised $0.

How many employees does Expeto have?

Expeto has 41 employees.

Where is Expeto headquarters?

Expeto is headquartered in Vancouver, British Columbia, Canada.

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Compare Expeto to the industry

Expeto operates across multiple industries. Browse revenue, funding, and growth data for Expeto 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 .

Expeto Revenue 2024: $1.7M ARR (Bootstrapped)