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2024 Revenue

$2.5M

Customers

600

Funding

$0

YOY

57.4%

Avg ACV

$4.2K

Team

14

Founded

2011

How GridMarkets CEO Hakim Karim grew GridMarkets to $2.5M revenue and 600 customers in 2024.

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.

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GridMarkets Revenue

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 Revenue GrowthReported revenue / ARR by year$0$600K$1M$2M$2M$3M20112013201520172019202120232024$0$1M$2M$3MSource: GetLatka.com
YearMilestone
2024GridMarkets Hit $2.5m revenue in October 2024
2023GridMarkets Hit $1.6m revenue in October 2023
2021GridMarkets Hit $1.4m revenue in April 2021
2011Launched with $0 revenue

GridMarkets Valuation, Funding Rounds

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.

GridMarkets Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120112011 cumulative: $0 • 2011 Founded: $02011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

GridMarkets Employees & Team Size

GridMarkets employs approximately 14 people as of 2026.

GridMarkets has 14 total employees in different roles and functions and 2 sales reps that carry a quota. They have 600 customers that rely on the company's solutions.

GridMarkets Team GrowthReported headcount over time04812162020112013201520172019202120232024001414Source: GetLatka.com
YearMilestone
2024Reached 14 employees (October 2024)
2023Reached 14 employees (October 2023)
2022Reached 16 employees (October 2022)
2021Reached 15 employees (December 2021)
2021Reached 17 employees (April 2021)

Founder / CEO

Hakim Karim

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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Customers

See how GridMarkets acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

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Frequently Asked Questions about GridMarkets

What is GridMarkets's revenue?

GridMarkets generates $2.5M in revenue.

Who founded GridMarkets?

GridMarkets was founded by Hakim Karim.

Who is the CEO of GridMarkets?

The CEO of GridMarkets is Hakim Karim.

How much funding does GridMarkets have?

GridMarkets raised $0.

How many employees does GridMarkets have?

GridMarkets has 14 employees.

Where is GridMarkets headquarters?

GridMarkets is headquartered in San Francisco, California, Singapore.

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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 .

GridMarkets Revenue 2024: $2.5M ARR (Bootstrapped)