
Faria Systems
Valuation
$784M
2024 Revenue
$45.5M
Customers
3M
Funding
$0
YOY
55.6%
Avg ACV
$15
Team
431
Founded
2006
How Faria Systems CEO Theodore King grew Faria Systems to $45.5M revenue and 3M customers in 2024.
Developer of integrated information systems. The company develops an online platform that helps in reducing the paper work procedure in the international education system.
Last updated
Faria Systems Revenue
In 2024, Faria Systems's revenue reached $45.5M. The company previously reported $29.3M in 2023. Since its launch in 2006, Faria Systems has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Faria Systems Hit $45.5m revenue in October 2024 |
| 2023 | Faria Systems Hit $29.3m revenue in December 2023 |
| 2021 | Faria Systems Hit $24.1m revenue in April 2021 |
| 2006 | Launched with $0 revenue |
Faria Systems Valuation, Funding Rounds
Faria Systems's most recent disclosed valuation is $784M.
Faria Systems is a bootstrapped Google Workspace Education Software startup. Founded in 2006, Faria Systems has grown to $45.5M in revenue without raising any venture capital or outside funding.
As a self-funded Google Workspace Education Software SaaS company, Faria Systems has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Faria Systems Employees & Team Size
Faria Systems employs approximately 431 people as of 2026, up from 399 in 2023.
Faria Systems has 431 total employees in different roles and functions. They have 3M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 431 employees (December 2024) |
| 2024 | Reached 399 employees (October 2024) |
| 2023 | Reached 399 employees (December 2023) |
| 2022 | Reached 424 employees (December 2022) |
| 2021 | Reached 395 employees (December 2021) |
| 2021 | Reached 365 employees (April 2021) |
Founder / CEO
Theodore King
Theo King is the CEO & Co-Founder of Faria, and serves on its Board of Directors. Theo oversees four business units spanning Systems, Online Learning, OSC Study, and Americas, while driving Corporate Development and Product strategy. Since co-founding the company in 2006, Theo has been responsible for its overall business, strategy, and product development. After graduating from university in 2009, he worked closely with Oleh Khomey to build ManageBac as our flagship service for IB World schools, while bootstrapping the business with $211k of starting capital.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Faria Systems acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
Frequently Asked Questions about Faria Systems
What is Faria Systems's revenue?
Faria Systems generates $45.5M in revenue.
Who founded Faria Systems?
Faria Systems was founded by Theodore King.
Who is the CEO of Faria Systems?
The CEO of Faria Systems is Theodore King.
How much funding does Faria Systems have?
Faria Systems raised $0.
How many employees does Faria Systems have?
Faria Systems has 431 employees.
Where is Faria Systems headquarters?
Faria Systems is headquartered in London, England, United Kingdom.
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Compare Faria Systems to the industry
Faria Systems operates across multiple industries. Browse revenue, funding, and growth data for Faria Systems 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 .