2024 Revenue
$3.1M
Funding
$0
YOY
74.9%
Team
26
Founded
2013
How Funanga CEO Seth Iorio grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Funanga Hit $3.1m revenue in October 2024 | |
| 2023 | Funanga Hit $1.7m revenue in October 2023 | |
| 2021 | Funanga Hit $670.4k revenue in April 2021 | |
| 2013 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
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 Funanga yet.
Funanga Employees & Team Size
Funanga employs approximately 26 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 26 employees (October 2024) |
| 2023 | Reached 26 employees (October 2023) |
| 2022 | Reached 15 employees (October 2022) |
| 2021 | Reached 12 employees (December 2021) |
| 2021 | Reached 8 employees (April 2021) |
Frequently Asked Questions about Funanga
What is Funanga's revenue?
Funanga generates an estimated $3.1M in annual 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 is bootstrapped and has not raised outside funding.
How many employees does Funanga have?
Funanga has 26 employees.
Where is Funanga headquarters?
Funanga is headquartered in London, England, United Kingdom.
Compare Funanga to the industry
Funanga operates across multiple industries. Browse revenue, funding, and growth data for Funanga 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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