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Operator of worlds first virtual bank dedicated to SaaS, e-commerce & other small and medium-sized (SMB) web-enabled businesses. The company provides new non-dilutive financing solutions to these businesses in a fully integrated banking environment.
Last updated
In 2024, Fostrum's revenue reached $812.2K. The company previously reported $671.2K in 2023. Since its launch in 2018, Fostrum has shown consistent revenue growth.
Fostrum reached a $2.4M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $2.4M | - |
| Question | Answer |
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We do not have customer count information for Fostrum yet.
Fostrum employs approximately 2 people as of 2026.
Fostrum generates an estimated $812.2K in annual revenue.
Fostrum was founded by Salman J..
The CEO of Fostrum is Salman J..
Fostrum raised $0.
Fostrum has 2 employees.
Fostrum is headquartered in Vancouver, British Columbia, Canada.
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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Valuation
$2.4M
2024 Revenue
$812.2K(Est.)
Funding
$0
Team
2
Founded
2018
| Year | Milestone | Source |
|---|---|---|
| 2024 | Fostrum Hit $812.2k revenue in October 2024 | Estimated |
| 2023 | Fostrum Hit $671.2k revenue in October 2023 | Estimated |
| 2021 | Fostrum Hit $279.7k revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 2 employees (October 2024) | |
| 2023 | Reached 2 employees (October 2023) | |
| 2022 | Reached 2 employees (October 2022) | |
| 2021 | Reached 1 employees (December 2021) | |
| 2021 | Reached 5 employees (April 2021) |
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