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How GlobeTracker CEO Olavur Ellefsen grew GlobeTracker to $16.6M revenue with a 48 person team in 2024.

Provider of data tracking services designed to remotely track, monitor and maintain supply chain assets. The company's data tracking services specializes in supply chain visibility telematic services, enabling customers to drive ROI benefits, improve performance, increase customer retention and add new revenue streams in key supply chain verticals, all integrated into a single integrated platform.

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GlobeTracker Revenue

In 2024, GlobeTracker's revenue reached $16.6M. The company previously reported $15.1M in 2023. Since its launch in 2007, GlobeTracker has shown consistent revenue growth.

GlobeTracker Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M2007200920112013201520172019202120232024$0$9M$17M$17MSource: GetLatka.com
YearMilestone
2024GlobeTracker Hit $16.6m revenue in October 2024
2023GlobeTracker Hit $15.1m revenue in November 2023
2022GlobeTracker Hit $16.5m revenue in November 2022
2021GlobeTracker Hit $14.2m revenue in November 2021
2021GlobeTracker Hit $14.2m revenue in April 2021
2020GlobeTracker Hit $8.8m revenue in October 2020
2007Launched with $0 revenue

GlobeTracker Valuation, Funding Rounds

GlobeTracker has not publicly disclosed its valuation. The company has raised $11.4M in total funding to date.

GlobeTracker has raised $11.4M in total funding across 2 rounds, with its most recent round in 2020.

GlobeTracker Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$5M$8M$10M$13M200720092011201320152017201920202007 cumulative: $0 • 2007 Founded: $02016 cumulative: $60K • 2007 Founded: $0 • 2016 Funding round: $60K2020 cumulative: $11M • 2007 Founded: $0 • 2016 Funding round: $60K • 2020 Funding round: $11M$11M2007 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Funding round$11.4M--
2016Funding round$60.3K--

GlobeTracker Employees & Team Size

GlobeTracker employs approximately 48 people as of 2026, up from 44 in 2023.

GlobeTracker has 48 total employees in different roles and functions.

GlobeTracker Team GrowthReported headcount over time013253850632007200920112013201520172019202120232024004848Source: GetLatka.com
YearMilestone
2024Reached 48 employees (December 2024)
2024Reached 44 employees (October 2024)
2023Reached 44 employees (November 2023)
2022Reached 50 employees (November 2022)
2021Reached 43 employees (November 2021)
2021Reached 43 employees (April 2021)
2020Reached 40 employees (November 2020)

Founder / CEO

Olavur Ellefsen

CEO of Globe Tracker, a supply chain automation company. Chairman of the Board of the University of the Faroe Islands. Chairman of the Board and co-founder of software solution provider Klintra. Founder and principal of Tökni, a Nordic software consultancy. Tökni’s track record includes OilSim and the oil and gas training business Simprentis, which was acquired by Schlumberger in February 2014. Founded and co-founded other companies, including the second largest telecom operator in the Faroe Islands (Kall, now nema.fo), a string of software businesses, and a seaweed company (oceanrainforest.com).

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Customers

We do not have customer count information for GlobeTracker yet.

Frequently Asked Questions about GlobeTracker

What is GlobeTracker's revenue?

GlobeTracker generates $16.6M in revenue.

Who founded GlobeTracker?

GlobeTracker was founded by Olavur Ellefsen.

Who is the CEO of GlobeTracker?

The CEO of GlobeTracker is Olavur Ellefsen.

How much funding does GlobeTracker have?

GlobeTracker raised $11.4M.

How many employees does GlobeTracker have?

GlobeTracker has 48 employees.

Where is GlobeTracker headquarters?

GlobeTracker is headquartered in Copenhagen, Denmark.

Compare GlobeTracker to the industry

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 .

GlobeTracker Revenue 2024: $16.6M ARR, $11.4M Raised