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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.

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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.

Faria Systems Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M2006200820102012201420162018202020222024$0$24M$46MSource: GetLatka.com
YearMilestone
2024Faria Systems Hit $45.5m revenue in October 2024
2023Faria Systems Hit $29.3m revenue in December 2023
2021Faria Systems Hit $24.1m revenue in April 2021
2006Launched 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.

Faria Systems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120062006 cumulative: $0 • 2006 Founded: $02006 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% 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.

Faria Systems Team GrowthReported headcount over time0100200300400500200620082010201220142016201820202022202400431431Source: GetLatka.com
YearMilestone
2024Reached 431 employees (December 2024)
2024Reached 399 employees (October 2024)
2023Reached 399 employees (December 2023)
2022Reached 424 employees (December 2022)
2021Reached 395 employees (December 2021)
2021Reached 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.

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Customers

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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 .