2024 Revenue
$5.6M
Funding
$0
YOY
41.3%
Team
28
Founded
2008
How Frosmo CEO Mikael Gummerus grew 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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Frosmo Hit $5.6m revenue in October 2024 | |
| 2023 | Frosmo Hit $4m revenue in October 2023 | |
| 2021 | Frosmo Hit $3.5m revenue in April 2021 | |
| 2008 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Mikael Gummerus
CEO
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
| 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 Frosmo yet.
Frosmo Employees & Team Size
Frosmo employs approximately 28 people as of 2026, down from 34 in 2023, including 8 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 28 employees (December 2024) |
| 2024 | Reached 34 employees (October 2024) |
| 2023 | Reached 34 employees (October 2023) |
| 2022 | Reached 39 employees (October 2022) |
| 2021 | Reached 36 employees (December 2021) |
| 2021 | Reached 42 employees (April 2021) |
Frequently Asked Questions about Frosmo
What is Frosmo's revenue?
Frosmo generates an estimated $5.6M in annual 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 is bootstrapped and has not raised outside funding.
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.
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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