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Helmes

Tallinn, Harjumaa, Estonia

Valuation

$80.4M

2016 Revenue

$26.8M

Funding

$0

Team · 2021

278

Founded

1991

Helmes Revenue & Valuation (2016)

Helmes is an international software house with headquarters in Tallinn, clients across all Europe and development centers in Estonia and Belarus. Our clients are the leading telecom operators, banks and insurance companies, logistics corporations and government institutions like TeliaSonera, SEB, NasdaqOMX, Audatex, Kuehne + Nagel and OECD to name a few. Our partners trust us the design, development, and maintenance of their most business-critical software solutions and the most complex system integration projects.

Our consultation is also valued when it comes to launching new e-services or online self-service development. In Helmes, things are done on purpose. We share useful ideas and create an environment of inspired development. Armed with an innovative and entrepreneurial mindset, we create solutions to be proud of. Step-by-step building trust with our partners, Helmes has shown stable growth for over 20 years. Today, with more than 540 specialists working full time for Helmes,

Last updated

Helmes Revenue

In 2016, Helmes's revenue reached $26.8M. Since its launch in 1991, Helmes has shown consistent revenue growth.

Helmes Revenue GrowthReported revenue / ARR over time$0$6M$12M$18M$24M$30M19911993199519971999200120032005200720092011201320152016$0$26.8MSource: GetLatka.com
YearMilestoneSource
2016Helmes Hit $26.8m revenue in December 2016
1991Launched with $0 revenue

Helmes Valuation, Funding Rounds

Helmes's most recent disclosed valuation is $80.4M.

Helmes Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11991Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Jaan Pillesaar

CEO

Founder and current CEO is Jaan Pillesaar (born 1967), is also CEO of the Estonia Service Industry Association. Prior he was a Member of the Supervisory Board at Eften Capital AS, Chairman of the Supervisory Boart at Markit and a Member of the Board at Estonian Chamber of Commerce and industry.

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Customers

We do not have customer count information for Helmes yet.

Helmes Employees & Team Size

Helmes employs approximately 278 people as of 2026, including 6 sales reps that carry a quota. It serves 93M customers that rely on its solutions.

Helmes Team GrowthReported headcount over time060120180240300199119931995199719992001200320052007200920112013201520172019202100278278Source: GetLatka.com
YearMilestoneSource
2021Reached 278 employees (April 2021)

Frequently Asked Questions about Helmes

What is Helmes's revenue?

Helmes generates $26.8M in revenue.

Who founded Helmes?

Helmes was founded by Jaan Pillesaar.

Who is the CEO of Helmes?

The CEO of Helmes is Jaan Pillesaar.

How much funding does Helmes have?

Helmes raised $0.

How many employees does Helmes have?

Helmes has 278 employees.

Where is Helmes headquarters?

Helmes is headquartered in Tallinn, Harjumaa, Estonia.

Compare Helmes to the industry

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