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How HowFactory CEO Trace Steffen grew HowFactory to $295.3K revenue with a 3 person team in 2024.

Developer of a business operations management software. The company allows companies to better capture, use, and collaborate on work instructions and Standard Operating Procedures (SOPs).

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HowFactory Revenue

In 2024, HowFactory's revenue reached $295.3K. The company previously reported $233.4K in 2023. Since its launch in 2010, HowFactory has shown consistent revenue growth.

HowFactory Revenue GrowthReported revenue / ARR by year$0$75K$150K$225K$300K$375K20102012201420162018202020222024$0$130K$295KSource: GetLatka.com
YearMilestone
2024HowFactory Hit $295.3k revenue in October 2024
2023HowFactory Hit $233.4k revenue in October 2023
2021HowFactory Hit $129.7k revenue in April 2021
2010Launched with $0 revenue

HowFactory Valuation, Funding Rounds

HowFactory's most recent disclosed valuation is $885.8K.

HowFactory is a bootstrapped Other Vertical Industry Software startup. Founded in 2010, HowFactory has grown to $295.3K in revenue without raising any venture capital or outside funding.

As a self-funded Other Vertical Industry Software SaaS company, HowFactory has built its business with no outside investment.

HowFactory Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120102010 cumulative: $0 • 2010 Founded: $02010 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

HowFactory Employees & Team Size

HowFactory employs approximately 3 people as of 2026.

HowFactory has 3 total employees in different roles and functions.

HowFactory Team GrowthReported headcount over time012234201020122014201620182020202220240033Source: GetLatka.com
YearMilestone
2024Reached 3 employees (October 2024)
2023Reached 3 employees (October 2023)
2022Reached 3 employees (October 2022)
2021Reached 2 employees (December 2021)
2021Reached 3 employees (April 2021)

Founder / CEO

Trace Steffen

Trace Steffen is listed as Founder / CEO at HowFactory.

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Customers

We do not have customer count information for HowFactory yet.

Frequently Asked Questions about HowFactory

What is HowFactory's revenue?

HowFactory generates $295.3K in revenue.

Who founded HowFactory?

HowFactory was founded by Trace Steffen.

Who is the CEO of HowFactory?

The CEO of HowFactory is Trace Steffen.

How much funding does HowFactory have?

HowFactory raised $0.

How many employees does HowFactory have?

HowFactory has 3 employees.

Where is HowFactory headquarters?

HowFactory is headquartered in Cedar Falls, Iowa, United States.

Compare HowFactory to the industry

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

HowFactory Revenue 2024: $295.3K ARR, $885.8K Valuation