Growave
Kok-Zhar village, Chui region, Kyrgyzstan
2024 Revenue
$6.8M
Customers
13K
Funding
$0
YOY
62.9%
Avg ACV
$522
Team
80
Founded
2014
How Growave CEO Eldar Galiev grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Growave Hit $6.8m revenue in October 2024 | |
| 2023 | Growave Hit $4.2m revenue in October 2023 | |
| 2021 | Growave Hit $3.7m revenue in April 2021 | |
| 2014 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Eldar Galiev
CEO
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 80 employees (December 2024) |
| 2024 | Reached 74 employees (October 2024) |
| 2023 | Reached 74 employees (October 2023) |
| 2022 | Reached 81 employees (October 2022) |
| 2021 | Reached 79 employees (December 2021) |
| 2021 | Reached 44 employees (April 2021) |
Frequently Asked Questions about Growave
What is Growave's revenue?
Growave generates an estimated $6.8M in annual 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 is bootstrapped and has not raised outside funding.
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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