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Valuation

$15.3M

2024 Revenue

$5.1M

Funding

$0

Team

34

Founded

2000

How FunctionBay, Inc. grew FunctionBay, Inc. to $5.1M revenue with a 34 person team in 2024.

FunctionBay is a professional CAE company providing the best multibody dynamics CAE software - RecurDyn developed by the cutting-edge solver technology and very unique user interface. FunctionBay is doing development, sales, marketing, and giving consultancy service of engineering in various fields of industry. FunctionBay has been successful especially in the field of mechanical engineering locating its headquarter office in South Korea. Now FunctionBay has its global sales networks in Japan, China, USA, Taiwan, India, and a few European countries like Germany, Italy, Austria, France, UK and Turkey. FunctionBay is a leading CAE software vendor for suggesting innovative solutions like digital twin and multi-physics to the market. [This company is authorized by KOTRA World Class Products]

Last updated

FunctionBay, Inc. Revenue

In 2024, FunctionBay, Inc.'s revenue reached $5.1M. Since its launch in 2000, FunctionBay, Inc. has shown consistent revenue growth.

FunctionBay, Inc. Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2000200220042006200820102012201420162018202020222024$0$5MSource: GetLatka.com
YearMilestone
2024FunctionBay, Inc. Hit $5.1m revenue in June 2024
2000Launched with $0 revenue

FunctionBay, Inc. Valuation, Funding Rounds

FunctionBay, Inc.'s most recent disclosed valuation is $15.3M.

FunctionBay, Inc. is a bootstrapped Simulation & CAE Software startup. Founded in 2000, FunctionBay, Inc. has grown to $5.1M in revenue without raising any venture capital or outside funding.

As a self-funded Simulation & CAE Software SaaS company, FunctionBay, Inc. has built its business with no outside investment.

FunctionBay, Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120002000 cumulative: $0 • 2000 Founded: $02000 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

FunctionBay, Inc. Employees & Team Size

FunctionBay, Inc. employs approximately 34 people as of 2026.

FunctionBay, Inc. has 34 total employees in different roles and functions.

FunctionBay, Inc. Team GrowthReported headcount over time08152330382000200220042006200820102012201420162018202020222024003434Source: GetLatka.com
YearMilestone
2024Reached 34 employees (June 2024)

Customers

We do not have customer count information for FunctionBay, Inc. yet.

Frequently Asked Questions about FunctionBay, Inc.

What is FunctionBay, Inc.'s revenue?

FunctionBay, Inc. generates $5.1M in revenue.

How much funding does FunctionBay, Inc. have?

FunctionBay, Inc. raised $0.

How many employees does FunctionBay, Inc. have?

FunctionBay, Inc. has 34 employees.

Where is FunctionBay, Inc. headquarters?

FunctionBay, Inc. is headquartered in Seongnam-si, Gyeonggi-do, South Korea.

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Compare FunctionBay, Inc. to the industry

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

FunctionBay, Inc. Revenue 2024: $5.1M ARR, $15.3M Valuation