Frends
Valuation
$8.6M
2025 Revenue
$31.6M
Funding
$0
Team
287
Founded
1988
How Frends CEO Lars Stugemo grew Frends to $31.6M revenue with a 287 person team in 2025.
Frends combines AI-powered integration with full control and the best usability in the market. Give your enterprise compliance and time-to-value from day one with the low-code integration platform (iPaaS) for regulated industries. Get to value within days, not months. Frends is a platform that offers tools to integrate applications in the compliant cloud, hybrid, and on-premises. With Frends, businesses can build integrations, automated processes, and APIs in BPMN 2.0-based Low-Code, which reduces costs in development, documentation, and management. Frends is made for BizDevOp teams and enables team collaboration. Frends platform was established in Finland in 1988 and has snowballed in the Nordic region's domestic markets and internationally, with over 6000+ customers in 16+ countries. Frends recognized in Gartner® Magic Quadrant™ for Integration Platform as a Service, for third consecutive time. Frends is chosen as one of the best integration platforms on the peer-to-peer review platform G2, earning badges for "Easiest Setup", "Fastest Implementation" and "Easiest Admin".
Last updated
Frends Revenue
In 2025, Frends's revenue reached $31.6M. The company previously reported $2.9M in 2021. Since its launch in 1988, Frends has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | Frends Hit $31.6m revenue in December 2025 |
| 2021 | Frends Hit $2.9m revenue in April 2021 |
| 1988 | Launched with $0 revenue |
Frends Valuation, Funding Rounds
Frends's most recent disclosed valuation is $8.6M.
Frends is a bootstrapped Embedded Integration Platforms startup. Founded in 1988, Frends has grown to $31.6M in revenue without raising any venture capital or outside funding.
As a self-funded Embedded Integration Platforms SaaS company, Frends has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Frends Employees & Team Size
Frends employs approximately 287 people as of 2026, up from 61 in 2021.
Frends has 287 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 287 employees (December 2025) |
| 2021 | Reached 61 employees (April 2021) |
Founder / CEO
Lars Stugemo
Data is everywhere. Data is the second most valuable asset of any company. Data run a modern business. And no - we don't mean Data from Star Trek. We at Frends believe that a modern integration platform is the enabler of digitalization and process automation. In our thinking, the most valuable asset is the human. Our vision has always been to develop an integration platform that developers love working with. Architects leverage for new challenges and fulfil all the businesses' needs.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Frends yet.
Frequently Asked Questions about Frends
What is Frends's revenue?
Frends generates $31.6M in revenue.
Who founded Frends?
Frends was founded by Lars Stugemo.
Who is the CEO of Frends?
The CEO of Frends is Lars Stugemo.
How much funding does Frends have?
Frends raised $0.
How many employees does Frends have?
Frends has 287 employees.
Where is Frends headquarters?
Frends is headquartered in Espoo, Southern Finland, Finland.
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Compare Frends to the industry
Frends operates across multiple industries. Browse revenue, funding, and growth data for Frends 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 .