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Valuation

$2.4M

2024 Revenue

$812.2K

Funding

$0

YOY

21%

Team

2

Founded

2018

How Fostrum CEO Salman J. grew Fostrum to $812.2K revenue with a 2 person team in 2024.

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.

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Fostrum Revenue

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 Revenue GrowthReported revenue / ARR by year$0$200K$400K$600K$800K$1M2018201920202021202220232024$0$280K$671K$812KSource: GetLatka.com
YearMilestoneQuote
2024Fostrum Hit $812.2k revenue in October 2024
2023Fostrum Hit $671.2k revenue in October 2023
2021Fostrum Hit $279.7k revenue in April 2021
2018Launched with $0 revenue

Fostrum Valuation, Funding Rounds

Fostrum's most recent disclosed valuation is $2.4M.

Fostrum is a bootstrapped Venture Capital startup. Founded in 2018, Fostrum has grown to $812.2K in revenue without raising any venture capital or outside funding.

As a self-funded Venture Capital SaaS company, Fostrum has built its business with no outside investment.

Fostrum Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120182018 cumulative: $0 • 2018 Founded: $02018 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Salman J.

Salman J. is listed as Founder / CEO at Fostrum.

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Customers

We do not have customer count information for Fostrum yet.

Fostrum Employees & Team Size

Fostrum employs approximately 2 people as of 2026.

Fostrum Team GrowthReported headcount over time01345620182019202020212022202320240022Source: GetLatka.com
YearMilestone
2024Reached 2 employees (October 2024)
2023Reached 2 employees (October 2023)
2022Reached 2 employees (October 2022)
2021Reached 1 employees (December 2021)
2021Reached 5 employees (April 2021)

Frequently Asked Questions about Fostrum

What is Fostrum's revenue?

Fostrum generates $812.2K in revenue.

Who founded Fostrum?

Fostrum was founded by Salman J..

Who is the CEO of Fostrum?

The CEO of Fostrum is Salman J..

How much funding does Fostrum have?

Fostrum raised $0.

How many employees does Fostrum have?

Fostrum has 2 employees.

Where is Fostrum headquarters?

Fostrum is headquartered in Vancouver, British Columbia, Canada.

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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Fostrum Revenue 2024: $812.2K ARR, $2.4M Valuation