2024 Revenue
$10M
Customers
5K
Funding
$0
Avg ACV
$2K
Team
60
Founded
2007
Hoiio Revenue (2024)
Six years ago, Hoiio was founded with a mission to simplify the way we communicate. Today, we create cloud communications technology that is agile and alive to the changing needs of businesses.
By simplifying complex systems into elegant applications hosted on the cloud; we want to change the way business owners and professionals set up their business communication system. Built and designed for businesses, users get to enjoy maximum flexibility and control in the shortest amount of setup time.
Hoiio also provides APIs for developers who wish to build apps with telephony capabilities.
Last updated
Hoiio Revenue
In 2024, Hoiio's revenue reached $10M. The company previously reported $10.5M in 2024. Since its launch in 2007, Hoiio has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Hoiio Hit $10m revenue in November 2024 | |
| 2024 | Hoiio Hit $10.5m revenue in October 2024 | Estimated |
| 2023 | Hoiio Hit $6.6m revenue in October 2023 | Estimated |
| 2021 | Hoiio Hit $4.3m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
Hoiio Valuation, Funding Rounds
Hoiio is a bootstrapped Communication Platform as a Service (cPaaS) Platforms startup. Founded in 2007, Hoiio has grown to $10M in revenue without raising any venture capital or outside funding.
As a self-funded Communication Platform as a Service (cPaaS) Platforms SaaS company, Hoiio has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Low Chee Seng
CEO
Entrepreneur. Investor. Founder and CEO at @Hoiio (Cloud Communication). Chairman at Lumina Systems (Industrial LED Lighting and Components).
Q&A
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|---|---|
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Customers
Hoiio serves 5K customers.
Hoiio Employees & Team Size
Hoiio employs approximately 60 people as of 2026, up from 55 in 2023. It serves 5K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 60 employees (December 2024) | |
| 2024 | Reached 55 employees (October 2024) | |
| 2023 | Reached 55 employees (October 2023) | |
| 2022 | Reached 53 employees (October 2022) | |
| 2021 | Reached 43 employees (December 2021) | |
| 2021 | Reached 51 employees (April 2021) |
Frequently Asked Questions about Hoiio
What is Hoiio's revenue?
Hoiio generates $10M in revenue.
Who founded Hoiio?
Hoiio was founded by Low Chee Seng.
Who is the CEO of Hoiio?
The CEO of Hoiio is Low Chee Seng.
How much funding does Hoiio have?
Hoiio is bootstrapped and has not raised outside funding.
How many employees does Hoiio have?
Hoiio has 60 employees.
Where is Hoiio headquarters?
Hoiio is headquartered in Singapore, Singapore.
Compare Hoiio to the industry
Hoiio operates across multiple industries. Browse revenue, funding, and growth data for Hoiio 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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