Latka logo

How Floatbot CEO Jimmy Padia grew Floatbot to $5.3M revenue and 14 customers in 2024.

Platform for development of AI Chatbots and Voicebot

Last updated

Floatbot Revenue

In 2024, Floatbot's revenue reached $5.3M. The company previously reported $3.4M in 2023. Since its launch in 2017, Floatbot has shown consistent revenue growth.

Floatbot Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M20172018201920202021202220232024$0$1M$2M$2M$3M$3M$5MSource: GetLatka.com
YearMilestone
2024Floatbot Hit $5.3m revenue in October 2024
2023Floatbot Hit $3.4m revenue in November 2023
2022Floatbot Hit $2.9m revenue in November 2022
2021Floatbot Hit $2m revenue in December 2021
2021Floatbot Hit $2m revenue in November 2021
2020Floatbot Hit $2m revenue in November 2020
2019Floatbot Hit $1.2m revenue in August 2019
2017Launched with $0 revenue

Floatbot Valuation, Funding Rounds

Floatbot is a bootstrapped AI Chatbots Software startup. Founded in 2017, Floatbot has grown to $5.3M in revenue without raising any venture capital or outside funding.

As a self-funded AI Chatbots Software SaaS company, Floatbot has built its business with no outside investment.

Floatbot Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Floatbot Employees & Team Size

Floatbot employs approximately 44 people as of 2026, up from 41 in 2023.

Floatbot has 44 total employees in different roles and functions. They have 14 customers that rely on the company's solutions.

Floatbot Team GrowthReported headcount over time0102030405020172018201920202021202220232024004444Source: GetLatka.com
YearMilestone
2024Reached 44 employees (December 2024)
2024Reached 41 employees (October 2024)
2023Reached 41 employees (November 2023)
2022Reached 35 employees (November 2022)
2021Reached 24 employees (November 2021)
2020Reached 10 employees (December 2020)
2020Reached 10 employees (November 2020)
2020Reached 7 employees (June 2020)
2019Reached 8 employees (December 2019)
2019Reached 20 employees (August 2019)

Founder / CEO

Jimmy Padia

Computer Engineering Graduate from VJTI, top 10 Indian college. Ex-General Electric IT Project leader. Graduated from GE's elite IT leadership program, IMLP. Worked across Oracle, BI, Sales, HR technologies in different business verticals of GE at India, China and USA [including Puerto Rico] A technology entrepreneur at heart, Jimmy started IT services company developing Web, Mobile and VOIP applications in 2011 under JPC Technologies. Jimmy was able to grow the company 100% YoY. Jimmy wanted to work on more innovative and challenging solutions, and thought of jumping into AI in 2017.

Q&A

QuestionAnswer
What's your age?38
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Floatbot acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Floatbot

What is Floatbot's revenue?

Floatbot generates $5.3M in revenue.

Who founded Floatbot?

Floatbot was founded by Jimmy Padia.

Who is the CEO of Floatbot?

The CEO of Floatbot is Jimmy Padia.

How much funding does Floatbot have?

Floatbot raised $0.

How many employees does Floatbot have?

Floatbot has 44 employees.

Where is Floatbot headquarters?

Floatbot is headquartered in Milpitas, California, United States.

Compare Floatbot to the industry

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

Floatbot Revenue 2024: $5.3M ARR (Bootstrapped)