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How Hanko CEO Felix Magendaz grew Hanko to $272.2K revenue with a 7 person team in 2024.

Hanko offers a multi-factor authentication service for convenient and secure user authentication without passwords. By supporting open FIDO standards (U2F, UAF, FIDO2, WebAuthn) and OpenID Connect, OAuth2, SAML, and LDAP, Hanko enables businesses to quickly integrate the most advanced authentication methods into their web portals and applications.

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Hanko Revenue

In 2024, Hanko's revenue reached $272.2K. The company previously reported $128.6K in 2023. Since its launch in 2018, Hanko has shown consistent revenue growth.

Hanko Revenue GrowthReported revenue / ARR by year$0$60K$120K$180K$240K$300K2018201920202021202220232024$0$137K$129K$272KSource: GetLatka.com
YearMilestone
2024Hanko Hit $272.2k revenue in October 2024
2023Hanko Hit $128.6k revenue in October 2023
2021Hanko Hit $137.4k revenue in April 2021
2018Launched with $0 revenue

Hanko Valuation, Funding Rounds

Hanko's most recent disclosed valuation is $816.7K.

Hanko is a bootstrapped Multi-Factor Authentication (MFA) Software startup. Founded in 2018, Hanko has grown to $272.2K in revenue without raising any venture capital or outside funding.

As a self-funded Multi-Factor Authentication (MFA) Software SaaS company, Hanko has built its business with no outside investment.

Hanko Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120182018 cumulative: $0 • 2018 Founded: $02018 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Hanko Employees & Team Size

Hanko employs approximately 7 people as of 2026.

Hanko has 7 total employees in different roles and functions.

Hanko Team GrowthReported headcount over time024681020182019202020212022202320240077Source: GetLatka.com
YearMilestone
2024Reached 7 employees (October 2024)
2023Reached 7 employees (October 2023)
2022Reached 4 employees (October 2022)
2021Reached 9 employees (December 2021)
2021Reached 6 employees (April 2021)

Founder / CEO

Felix Magendaz

Felix Magendaz is listed as Founder / CEO at Hanko.

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Customers

We do not have customer count information for Hanko yet.

Frequently Asked Questions about Hanko

What is Hanko's revenue?

Hanko generates $272.2K in revenue.

Who founded Hanko?

Hanko was founded by Felix Magendaz.

Who is the CEO of Hanko?

The CEO of Hanko is Felix Magendaz.

How much funding does Hanko have?

Hanko raised $0.

How many employees does Hanko have?

Hanko has 7 employees.

Where is Hanko headquarters?

Hanko is headquartered in Kiel, Schleswig-holstein, Germany.

Compare Hanko to the industry

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

Hanko Revenue 2024: $272.2K ARR, $816.7K Valuation