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2024 Revenue

$6.8M

Customers

13K

Funding

$0

YOY

62.9%

Avg ACV

$522

Team

80

Founded

2014

How Growave CEO Eldar Galiev grew Growave to $6.8M revenue and 13K customers in 2024.

Growave is an all-in-one marketing platform for Shopify brands. It offers features such as loyalty programs, wishlists, reviews, Instagram integration, and more.

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Growave Revenue

In 2024, Growave's revenue reached $6.8M. The company previously reported $4.2M in 2023. Since its launch in 2014, Growave has shown consistent revenue growth.

Growave Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M201420162018202020222024$0$4M$4M$7MSource: GetLatka.com
YearMilestoneQuote
2024Growave Hit $6.8m revenue in October 2024
2023Growave Hit $4.2m revenue in October 2023
2021Growave Hit $3.7m revenue in April 2021
2014Launched with $0 revenue

Growave Valuation, Funding Rounds

Growave is a bootstrapped Loyalty Management Software startup. Founded in 2014, Growave has grown to $6.8M in revenue without raising any venture capital or outside funding.

As a self-funded Loyalty Management Software SaaS company, Growave has built its business with no outside investment.

Growave Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120142014 cumulative: $0 • 2014 Founded: $02014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Eldar Galiev

Helping Shopify brands to build strong social proof using customer reviews and #UGC. Also, specialize in launching effective loyalty & rewards programs and increasing customer lifetime value. Internet executive with over 10 years of experience, including general management of small and mid-size organizations, corporate development, product development, business operations, and strategy. Founded projects: Growave, Hire-Experts, apps2GROW, ThinkLab.

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Customers

Growave serves 13K customers.

Growave Employees & Team Size

Growave employs approximately 80 people as of 2026, up from 74 in 2023. It serves 13K customers that rely on its solutions.

Growave Team GrowthReported headcount over time020406080100201420162018202020222024008080Source: GetLatka.com
YearMilestone
2024Reached 80 employees (December 2024)
2024Reached 74 employees (October 2024)
2023Reached 74 employees (October 2023)
2022Reached 81 employees (October 2022)
2021Reached 79 employees (December 2021)
2021Reached 44 employees (April 2021)

Frequently Asked Questions about Growave

What is Growave's revenue?

Growave generates $6.8M in revenue.

Who founded Growave?

Growave was founded by Eldar Galiev.

Who is the CEO of Growave?

The CEO of Growave is Eldar Galiev.

How much funding does Growave have?

Growave raised $0.

How many employees does Growave have?

Growave has 80 employees.

Where is Growave headquarters?

Growave is headquartered in Kok-Zhar village, Chui region, Kyrgyzstan.

Compare Growave to the industry

Growave operates across multiple industries. Browse revenue, funding, and growth data for Growave in each sector below.

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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Growave Revenue 2024: $6.8M ARR (Bootstrapped)