Latka logo

Valuation

$2.4M

2021 Revenue

$787K

Customers

10K

Funding

$0

Avg ACV

$79

Team

20

Founded

1984

How Hypack CEO Gerd Glang grew Hypack to $787K revenue and 10K customers in 2021.

Provider of hydrographic software. The company has developed a Windows-based platform for the hydrographic and dredging industries. Its software products are designed for hydrographic, side scan and magnetometer survey requirements, data processing of multibeam sonar data, and monitoring of position and depth of channel-dredging tools.

Last updated

Hypack Revenue

In 2021, Hypack's revenue reached $787K. Since its launch in 1984, Hypack has shown consistent revenue growth.

Hypack Revenue GrowthReported revenue / ARR by year$0$200K$400K$600K$800K$1M19841986198819901992199419961998200020022004200620082010201220142016201820202021$0$787KSource: GetLatka.com
YearMilestone
2021Hypack Hit $787k revenue in April 2021
1984Launched with $0 revenue

Hypack Valuation, Funding Rounds

Hypack's most recent disclosed valuation is $2.4M.

Hypack is a bootstrapped Other Vertical Industry Software startup. Founded in 1984, Hypack has grown to $787K in revenue without raising any venture capital or outside funding.

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

Hypack Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119841984 cumulative: $0 • 1984 Founded: $01984 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Hypack Employees & Team Size

Hypack employs approximately 20 people as of 2026.

Hypack has 20 total employees in different roles and functions and 2 sales reps that carry a quota. They have 10K customers that rely on the company's solutions.

Hypack Team GrowthReported headcount over time051015202519841986198819901992199419961998200020022004200620082010201220142016201820202021002020Source: GetLatka.com
YearMilestone
2021Reached 20 employees (April 2021)

Founder / CEO

Gerd Glang

Experienced Director with a demonstrated history of working in the federal government, maritime industry and marine geospatial sectors. Can lead people, programs, projects, and teams; Skills in government, strategic planning, maritime operations, program management, hydrography, ocean mapping technologies, nautical charting, and marine navigation.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Hypack acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Hypack

What is Hypack's revenue?

Hypack generates $787K in revenue.

Who founded Hypack?

Hypack was founded by Gerd Glang.

Who is the CEO of Hypack?

The CEO of Hypack is Gerd Glang.

How much funding does Hypack have?

Hypack raised $0.

How many employees does Hypack have?

Hypack has 20 employees.

Where is Hypack headquarters?

Hypack is headquartered in Middletown, New York, United States.

People Also Viewed

Inflyte logo

Inflyte

Provider of a music promotion platform. The company's music promotion platform provides pre-release music and web-based promo dashboard, enabling record labels and PR agencies to manage high volumes of promos as easy and efficient as possible.

Treatstock logo

Treatstock

The company primarily operates in the Software industry. Treatstock was founded in 2016 and is headquartered in Newark, DE.

Webproof logo

Webproof

The company primarily operates in the Software industry. Webproof is headquartered in Miami, FL.

Echelon Insights logo

Echelon Insights

Provider of digital intelligence intended to offer research and analytics services. The company's intelligence provides complete situational awareness by creating and organizing the information needed to make the best decisions, enabling companies to make informed decision that helps improve their businesses.

OpsVantage Digital logo

OpsVantage Digital

X-CITE S.A. logo

X-CITE S.A.

We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

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 .

Hypack Revenue 2021: $787K ARR, $2.4M Valuation