Latka logo

How Frosmo CEO Mikael Gummerus grew Frosmo to $5.6M revenue with a 28 person team in 2024.

Developer of a personalization software designed to help companies grow online by delivering superior user experience. The company's platform offers software services such as fast time-to-market, data-driven UX development, execution of creative ideas, IT-independent front-end development, other security and EU compliance services, enabling online business owners to achieve unprecedented freedom, speed and cost-efficiency that brings competitive advantage and increased ROI.

Last updated

Frosmo Revenue

In 2024, Frosmo's revenue reached $5.6M. The company previously reported $4M in 2023. Since its launch in 2008, Frosmo has shown consistent revenue growth.

Frosmo Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M200820102012201420162018202020222024$0$4M$4M$6MSource: GetLatka.com
YearMilestone
2024Frosmo Hit $5.6m revenue in October 2024
2023Frosmo Hit $4m revenue in October 2023
2021Frosmo Hit $3.5m revenue in April 2021
2008Launched with $0 revenue

Frosmo Valuation, Funding Rounds

Frosmo is a bootstrapped E-Commerce Personalization Software startup. Founded in 2008, Frosmo has grown to $5.6M in revenue without raising any venture capital or outside funding.

As a self-funded E-Commerce Personalization Software SaaS company, Frosmo has built its business with no outside investment.

Frosmo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120082008 cumulative: $0 • 2008 Founded: $02008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Frosmo Employees & Team Size

Frosmo employs approximately 28 people as of 2026, down from 34 in 2023.

Frosmo has 28 total employees in different roles and functions and 8 sales reps that carry a quota.

Frosmo Team GrowthReported headcount over time01020304050200820102012201420162018202020222024002828Source: GetLatka.com
YearMilestone
2024Reached 28 employees (December 2024)
2024Reached 34 employees (October 2024)
2023Reached 34 employees (October 2023)
2022Reached 39 employees (October 2022)
2021Reached 36 employees (December 2021)
2021Reached 42 employees (April 2021)

Founder / CEO

Mikael Gummerus

I'm CEO and founder of Frosmo, market winning personalization software for B2C companies. Contact me for a free 30 day trial where we show how quickly we can deliver amazing results in improved conversions and average order value. Fast deployment and automated setup that delivers without adding any new workload for you.

Q&A

QuestionAnswer
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 Frosmo yet.

Frequently Asked Questions about Frosmo

What is Frosmo's revenue?

Frosmo generates $5.6M in revenue.

Who founded Frosmo?

Frosmo was founded by Mikael Gummerus.

Who is the CEO of Frosmo?

The CEO of Frosmo is Mikael Gummerus.

How much funding does Frosmo have?

Frosmo raised $0.

How many employees does Frosmo have?

Frosmo has 28 employees.

Where is Frosmo headquarters?

Frosmo is headquartered in Helsinki, Finland.

Compare Frosmo to the industry

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

Frosmo Revenue 2024: $5.6M ARR (Bootstrapped)