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2024 Revenue

$11.2M(Est.)

Funding

$0

Team

138

Founded

2006

Five Nines Revenue (2024)

Provider of information technology, managed services, and service management. The company operates within the industries of other it services, other information technology, and systems and information management.

Last updated

Five Nines Revenue

In 2024, Five Nines's revenue reached $11.2M. The company previously reported $8.9M in 2023. Since its launch in 2006, Five Nines has shown consistent revenue growth.

Five Nines Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$2.5M$5M$7.5M$10M$12.5M2006200820102012201420162018202020222024$0$7.5M$11.2MSource: GetLatka.com
YearMilestoneSource
2024Five Nines Hit $11.2m revenue in October 2024Estimated
2023Five Nines Hit $8.9m revenue in October 2023Estimated
2021Five Nines Hit $7.5m revenue in April 2021
2006Launched with $0 revenue

Five Nines Valuation, Funding Rounds

Five Nines is a bootstrapped IT Service Management Tools startup. Founded in 2006, Five Nines has grown to $11.2M in revenue without raising any venture capital or outside funding.

As a self-funded IT Service Management Tools SaaS company, Five Nines has built its business with no outside investment.

Five Nines 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$12006Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Joel Friesen

CEO

President at Five Nines

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Customers

We do not have customer count information for Five Nines yet.

Five Nines Employees & Team Size

Five Nines employs approximately 138 people as of 2026, up from 120 in 2023, including 9 sales reps that carry a quota.

Five Nines Team GrowthReported headcount over time0306090120150200620082010201220142016201820202022202400138138Source: GetLatka.com
YearMilestoneSource
2024Reached 138 employees (December 2024)
2024Reached 120 employees (October 2024)
2023Reached 120 employees (October 2023)
2022Reached 121 employees (October 2022)
2021Reached 121 employees (December 2021)
2021Reached 89 employees (April 2021)

Frequently Asked Questions about Five Nines

What is Five Nines's revenue?

Five Nines generates an estimated $11.2M in annual revenue.

Who founded Five Nines?

Five Nines was founded by Joel Friesen.

Who is the CEO of Five Nines?

The CEO of Five Nines is Joel Friesen.

How much funding does Five Nines have?

Five Nines is bootstrapped and has not raised outside funding.

How many employees does Five Nines have?

Five Nines has 138 employees.

Where is Five Nines headquarters?

Five Nines is headquartered in Lincoln, Nebraska, United States.

Compare Five Nines to the industry

Five Nines operates across multiple industries. Browse revenue, funding, and growth data for Five Nines 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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Five Nines Revenue 2024: $11.2M Est. ARR (Bootstrapped)