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How Hazel CEO August Chen grew Hazel to $9.5M revenue with a 6 person team in 2024.

AI-enabled procurement software for government

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Hazel Revenue

In 2024, Hazel's revenue reached $9.5M. Since its launch in 2024, Hazel has shown consistent revenue growth.

Hazel Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M2024$10MSource: GetLatka.com
YearMilestone
2024Hazel Hit $9.5m revenue in June 2024
2024Launched with $0 revenue

Hazel Valuation, Funding Rounds

Hazel's most recent disclosed valuation is $28.5M.

Hazel is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2024, Hazel has grown to $9.5M in revenue without raising any venture capital or outside funding.

As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, Hazel has built its business with no outside investment.

Hazel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120242024 cumulative: $0 • 2024 Founded: $02024 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Hazel Employees & Team Size

Hazel employs approximately 6 people as of 2026.

Hazel has 6 total employees in different roles and functions.

Hazel Team GrowthReported headcount over time02356820246666Source: GetLatka.com
YearMilestone
2024Reached 6 employees (December 2024)
2024Reached 6 employees (June 2024)
2024Reached 4 employees (June 2024)

Founder / CEO

August Chen

August Chen is listed as Founder / CEO at Hazel.

Q&A

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Customers

We do not have customer count information for Hazel yet.

Frequently Asked Questions about Hazel

What is Hazel's revenue?

Hazel generates $9.5M in revenue.

Who founded Hazel?

Hazel was founded by August Chen.

Who is the CEO of Hazel?

The CEO of Hazel is August Chen.

How much funding does Hazel have?

Hazel raised $0.

How many employees does Hazel have?

Hazel has 6 employees.

Where is Hazel headquarters?

Hazel is headquartered in , United States.

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Compare Hazel to the industry

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

Hazel Revenue 2024: $9.5M ARR, $28.5M Valuation