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Platform for development of AI Chatbots and Voicebot
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
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.
| Question | Answer |
|---|---|
| What's your age? | 38 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Floatbot serves 14 customers.
Floatbot employs approximately 44 people as of 2026, up from 41 in 2023. It serves 14 customers that rely on its solutions.
Floatbot generates an estimated $5.3M in annual revenue.
Floatbot was founded by Jimmy Padia.
The CEO of Floatbot is Jimmy Padia.
Floatbot is bootstrapped and has not raised outside funding.
Floatbot has 44 employees.
Floatbot is headquartered in Milpitas, California, United States.
Floatbot operates across multiple industries. Browse revenue, funding, and growth data for Floatbot in each sector below.
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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2024 Revenue
$5.3M(Est.)
Customers
14
Funding
$0
Avg ACV
$380.7K
Team
44
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Floatbot Hit $5.3m revenue in October 2024 | Estimated |
| 2023 | Floatbot Hit $3.4m revenue in November 2023 | Estimated |
| 2022 | Floatbot Hit $2.9m revenue in November 2022 | |
| 2021 | Floatbot Hit $2m revenue in December 2021 | |
| 2021 | Floatbot Hit $2m revenue in November 2021 | |
| 2020 | Floatbot Hit $2m revenue in November 2020 | |
| 2019 | Floatbot Hit $1.2m revenue in August 2019 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 44 employees (December 2024) | |
| 2024 | Reached 41 employees (October 2024) | |
| 2023 | Reached 41 employees (November 2023) | |
| 2022 | Reached 35 employees (November 2022) | |
| 2021 | Reached 24 employees (November 2021) | |
| 2020 | Reached 10 employees (December 2020) | |
| 2020 | Reached 10 employees (November 2020) | |
| 2020 | Reached 7 employees (June 2020) | |
| 2019 | Reached 8 employees (December 2019) | |
| 2019 | Reached 20 employees (August 2019) |
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