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Provider of an online marketplace for trading of unused computational capacity. The company's platform allows organizations to sell their unused computing capacity to other enterprises that are in need for more computational power.
Last updated
In 2024, GridMarkets's revenue reached $2.5M. The company previously reported $1.6M in 2023. Since its launch in 2011, GridMarkets has shown consistent revenue growth.
GridMarkets is a bootstrapped SaaS startup. Founded in 2011, GridMarkets has grown to $2.5M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, GridMarkets has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
I have over 30 years’ experience in Asia, U.S. and Europe translating user desires and market dynamics into innovative IT solutions and creative business strategies. I have worked in large MNCs and have explored entrepreneurial initiatives at cutting-edge start-ups, including one that I co-founded - www.GridMarkets.com. Through this, I was identified as one of 50 people "who will help shape Malaysia's digital economy" as well as being selected by Endeavor.org as a High Impact Entrepreneur.
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| What's your age? | - |
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GridMarkets serves 600 customers.
GridMarkets employs approximately 14 people as of 2026, including 2 sales reps that carry a quota. It serves 600 customers that rely on its solutions.
GridMarkets generates an estimated $2.5M in annual revenue.
GridMarkets was founded by Hakim Karim.
The CEO of GridMarkets is Hakim Karim.
GridMarkets is bootstrapped and has not raised outside funding.
GridMarkets has 14 employees.
GridMarkets is headquartered in San Francisco, California, Singapore.
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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2024 Revenue
$2.5M(Est.)
Customers
600
Funding
$0
Avg ACV
$4.2K
Team
14
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2024 | GridMarkets Hit $2.5m revenue in October 2024 | Estimated |
| 2023 | GridMarkets Hit $1.6m revenue in October 2023 | Estimated |
| 2021 | GridMarkets Hit $1.4m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 14 employees (October 2024) | |
| 2023 | Reached 14 employees (October 2023) | |
| 2022 | Reached 16 employees (October 2022) | |
| 2021 | Reached 15 employees (December 2021) | |
| 2021 | Reached 17 employees (April 2021) |
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