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How FlatStack CEO Oleg Kurnosov grew FlatStack to $21M revenue with a 41 person team in 2024.

Provider of a platform designed to offer software development services. The company's platform offers an application which accelerates the product development process, enabling start ups to get the required the software that help them improve their revenues and businesses.

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FlatStack Revenue

In 2024, FlatStack's revenue reached $21M. The company previously reported $5.9M in 2024. Since its launch in 2005, FlatStack has shown consistent revenue growth.

FlatStack Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M20052007200920112013201520172019202120232024$0$5M$21MSource: GetLatka.com
YearMilestoneQuote
2024FlatStack Hit $21m revenue in November 2024
2024FlatStack Hit $5.9m revenue in October 2024
2023FlatStack Hit $3.7m revenue in October 2023
2021FlatStack Hit $4.7m revenue in April 2021
2005Launched with $0 revenue

FlatStack Valuation, Funding Rounds

FlatStack is a bootstrapped Application Development Platforms startup. Founded in 2005, FlatStack has grown to $21M in revenue without raising any venture capital or outside funding.

As a self-funded Application Development Platforms SaaS company, FlatStack has built its business with no outside investment.

FlatStack Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120052005 cumulative: $0 • 2005 Founded: $02005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Oleg Kurnosov

To continue growing Kazan (RU) and New Orleans (US) communities by offering business and career opportunities to locals in order to benefit the most from trans-atlantic close friendship and integration. To develop organized training and workshops series in Kazan in close partnership with top IT companies and Universities in area. To finish processes automation and global company model outline that we're doing right now with friends and colleagues. Specialties: RubyOnRails & iOS development, Computer Science, Coaching, Project management, Sales management, HR management, Accounting & Business/Product management.

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Customers

We do not have customer count information for FlatStack yet.

FlatStack Employees & Team Size

FlatStack employs approximately 41 people as of 2026, down from 64 in 2023, including 1 sales reps that carry a quota.

FlatStack Team GrowthReported headcount over time025507510012520052007200920112013201520172019202120232024004141Source: GetLatka.com
YearMilestone
2024Reached 41 employees (December 2024)
2024Reached 64 employees (October 2024)
2023Reached 64 employees (October 2023)
2022Reached 70 employees (October 2022)
2021Reached 98 employees (December 2021)
2021Reached 60 employees (April 2021)

Frequently Asked Questions about FlatStack

What is FlatStack's revenue?

FlatStack generates $21M in revenue.

Who founded FlatStack?

FlatStack was founded by Oleg Kurnosov.

Who is the CEO of FlatStack?

The CEO of FlatStack is Oleg Kurnosov.

How much funding does FlatStack have?

FlatStack raised $0.

How many employees does FlatStack have?

FlatStack has 41 employees.

Where is FlatStack headquarters?

FlatStack is headquartered in San Francisco, California, United States.

Compare FlatStack to the industry

FlatStack operates across multiple industries. Browse revenue, funding, and growth data for FlatStack 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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FlatStack Revenue 2024: $21M ARR (Bootstrapped)