GridMarkets
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 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | GridMarkets Hit $2.5m revenue in October 2024 | |
| 2023 | GridMarkets Hit $1.6m revenue in October 2023 | |
| 2021 | GridMarkets Hit $1.4m revenue in April 2021 | |
| 2011 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
GridMarkets serves 600 customers.
GridMarkets Employees & Team Size
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.
| Year | Milestone |
|---|---|
| 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) |
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.
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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