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How Funanga CEO Seth Iorio grew Funanga to $3.1M revenue with a 26 person team in 2024.

Provider of an online application intended to offer point-independent connection with numerous distribution networks. The company's application offers multi-tenant, cloud-based services that manage transactions which makes it easy to deliver cost efficiency and can be easily integrated and for all business transactions, enabling businesses to get distribution networks coupled with low costs at the point of sale.

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Funanga Revenue

In 2024, Funanga's revenue reached $3.1M. The company previously reported $1.7M in 2023. Since its launch in 2013, Funanga has shown consistent revenue growth.

Funanga Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M2013201520172019202120232024$0$670K$2M$3MSource: GetLatka.com
YearMilestone
2024Funanga Hit $3.1m revenue in October 2024
2023Funanga Hit $1.7m revenue in October 2023
2021Funanga Hit $670.4k revenue in April 2021
2013Launched with $0 revenue

Funanga Valuation, Funding Rounds

Funanga is a bootstrapped Procurement Software startup. Founded in 2013, Funanga has grown to $3.1M in revenue without raising any venture capital or outside funding.

As a self-funded Procurement Software SaaS company, Funanga has built its business with no outside investment.

Funanga Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Funanga Employees & Team Size

Funanga employs approximately 26 people as of 2026.

Funanga has 26 total employees in different roles and functions.

Funanga Team GrowthReported headcount over time06121824302013201520172019202120232024002626Source: GetLatka.com
YearMilestone
2024Reached 26 employees (October 2024)
2023Reached 26 employees (October 2023)
2022Reached 15 employees (October 2022)
2021Reached 12 employees (December 2021)
2021Reached 8 employees (April 2021)

Founder / CEO

Seth Iorio

Seth Iorio is listed as Founder / CEO at Funanga.

Q&A

QuestionAnswer
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Advice for 20 year old self-

Customers

We do not have customer count information for Funanga yet.

Frequently Asked Questions about Funanga

What is Funanga's revenue?

Funanga generates $3.1M in revenue.

Who founded Funanga?

Funanga was founded by Seth Iorio.

Who is the CEO of Funanga?

The CEO of Funanga is Seth Iorio.

How much funding does Funanga have?

Funanga raised $0.

How many employees does Funanga have?

Funanga has 26 employees.

Where is Funanga headquarters?

Funanga is headquartered in London, England, United Kingdom.

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Compare Funanga to the industry

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

Funanga Revenue 2024: $3.1M ARR (Bootstrapped)