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How Groundbreaker CEO Jake Marmulstein grew Groundbreaker to $586.6K revenue with a 13 person team in 2023.

Provider of an all-in-one investment management software for small to medium commercial real estate investment firms that raise outside capital. The company's cloud-based real estate platform help teams increase productivity and investor satisfaction by automating fundraising, reporting, and investor relations workflows.

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Groundbreaker Revenue

In 2023, Groundbreaker's revenue reached $586.6K. The company previously reported $1.3M in 2021. Since its launch in 2012, Groundbreaker has shown consistent revenue growth.

Groundbreaker Revenue GrowthReported revenue / ARR by year$0$300K$600K$900K$1M$2M2012201420162018202020222023$0$1M$587KSource: GetLatka.com
YearMilestone
2023Groundbreaker Hit $586.6k revenue in October 2023
2021Groundbreaker Hit $1.3m revenue in April 2021
2012Launched with $0 revenue

Groundbreaker Valuation, Funding Rounds

Groundbreaker's most recent disclosed valuation is $1.8M.

Groundbreaker has raised $2M in total funding across 2 rounds, with its most recent round in 2019.

Groundbreaker Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$500K$1M$2M$2M$3M201220132014201520162017201820192012 cumulative: $0 • 2012 Founded: $02017 cumulative: $40K • 2012 Founded: $0 • 2017 Funding round: $40K2019 cumulative: $2M • 2012 Founded: $0 • 2017 Funding round: $40K • 2019 Funding round: $2M$2M2012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$2M--
2017Funding round$40K--

Groundbreaker Employees & Team Size

Groundbreaker employs approximately 13 people as of 2026, down from 27 in 2022.

Groundbreaker has 13 total employees in different roles and functions and 1 sales reps that carry a quota.

Groundbreaker Team GrowthReported headcount over time08152330382012201420162018202020222023001313Source: GetLatka.com
YearMilestone
2023Reached 13 employees (October 2023)
2022Reached 27 employees (October 2022)
2021Reached 34 employees (December 2021)
2021Reached 19 employees (April 2021)

Founder / CEO

Jake Marmulstein

From the Atlanta area, Jake is an entrepreneur and business executive with a variety of experience, including ERP to SaaS, digital marketing to education technology, and hospitality to real estate. He has advised executives of early stage companies, lead operations and finance, product, sales, and customer success efforts. In his current operating role, Jake is the Founder, President & CEO of the Real Estate Investment Tech SaaS company Groundbreaker Technologies. He made the initial angel investment, completed key hires, established selling, financial and operational systems, lead a Series Seed-round of financing, and continues to grow the company. Jake received his bachelor's degree from Cornell University, where he emphasized in hospitality and minored in real estate. He studied abroad in Rio de Janeiro and at Cornell was involved in grant writing for grassroots community service organizations while also forming a non-profit peer to peer mentorship organization. Jake has worked abroad in London, Madrid, Rio de Janeiro, and Puerto Rico and has a working proficiency with Spanish and Portuguese.

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Customers

We do not have customer count information for Groundbreaker yet.

Frequently Asked Questions about Groundbreaker

What is Groundbreaker's revenue?

Groundbreaker generates $586.6K in revenue.

Who founded Groundbreaker?

Groundbreaker was founded by Jake Marmulstein.

Who is the CEO of Groundbreaker?

The CEO of Groundbreaker is Jake Marmulstein.

How much funding does Groundbreaker have?

Groundbreaker raised $2M.

How many employees does Groundbreaker have?

Groundbreaker has 13 employees.

Where is Groundbreaker headquarters?

Groundbreaker is headquartered in Chicago, Illinois, United States.

Compare Groundbreaker to the industry

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

Groundbreaker Revenue 2023: $586.6K ARR, $1.8M Valuation