Valuation
$80.4M
2016 Revenue
$26.8M
Customers
93M
Funding
$0
Avg ACV
$0
Team
278
Founded
1991
How Helmes CEO Jaan Pillesaar grew Helmes to $26.8M revenue and 93M customers in 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.
| Year | Milestone |
|---|---|
| 2016 | Helmes Hit $26.8m revenue in December 2016 |
| 1991 | Launched with $0 revenue |
Helmes Valuation, Funding Rounds
Helmes's most recent disclosed valuation is $80.4M.
Helmes is a bootstrapped Other Vertical Industry Software startup. Founded in 1991, Helmes has grown to $26.8M in revenue without raising any venture capital or outside funding.
As a self-funded Other Vertical Industry Software SaaS company, Helmes has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Helmes Employees & Team Size
Helmes employs approximately 278 people as of 2026.
Helmes has 278 total employees in different roles and functions and 6 sales reps that carry a quota. They have 93M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 278 employees (April 2021) |
Founder / CEO
Jaan Pillesaar
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Helmes acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
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.
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Compare Helmes to the industry
Helmes operates across multiple industries. Browse revenue, funding, and growth data for Helmes 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 .
