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How Hoiio CEO Low Chee Seng grew to $10M revenue and 5K customers in 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.

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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.

Hoiio Revenue GrowthReported revenue / ARR over time$0$2.5M$5M$7.5M$10M$12.5M2007200920112013201520172019202120232024$0$4.3M$10MSource: GetLatka.com
YearMilestoneQuote
2024Hoiio Hit $10m revenue in November 2024
2023Hoiio Hit $6.6m revenue in October 2023
2021Hoiio Hit $4.3m revenue in April 2021
2007Launched 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.

Hoiio 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$12007Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Low Chee Seng

CEO

Entrepreneur. Investor. Founder and CEO at @Hoiio (Cloud Communication). Chairman at Lumina Systems (Industrial LED Lighting and Components).

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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.

Hoiio Team GrowthReported headcount over time015304560752007200920112013201520172019202120232024006060Source: GetLatka.com
YearMilestone
2024Reached 60 employees (December 2024)
2024Reached 55 employees (October 2024)
2023Reached 55 employees (October 2023)
2022Reached 53 employees (October 2022)
2021Reached 43 employees (December 2021)
2021Reached 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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