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How Ideal CEO Somen Mondal grew to $86.2M revenue with a 40 person team in 2020.

Ideal is recruitment automation software that acts as a virtual assistant to automate time-consuming, high-volume hiring tasks. AI for recruiting is here!

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Ideal Revenue

In 2020, Ideal's revenue reached $86.2M. Since its launch in 2014, Ideal has shown consistent revenue growth.

Ideal Revenue GrowthReported revenue / ARR by year$0$20M$40M$60M$80M$100M2014201520162017201820192020$0$86MSource: GetLatka.com
YearMilestoneQuote
2020Ideal Hit $86.2m revenue in August 2020
2014Launched with $0 revenue

Ideal Valuation, Funding Rounds

Ideal's most recent disclosed valuation is $258.5M.

Ideal has raised $3M in total funding across 1 round, most recently a $3M Venture Round round in 2017.

Ideal Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$750K$2M$2M$3M$4M20142015201620172014 cumulative: $0 • 2014 Founded: $02017 cumulative: $3M • 2014 Founded: $0 • 2017 Venture Round: $3M$3M2014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2017Venture Round$3M--

Founder / CEO

Somen Mondal

Somen Mondal is listed as Founder / CEO at Ideal.

Q&A

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Customers

We do not have customer count information for Ideal yet.

Ideal Employees & Team Size

Ideal employs approximately 40 people as of 2026, down from 957 in 2019, including 4 sales reps that carry a quota.

Ideal Team GrowthReported headcount over time02505007501,0001,2502014201520162017201820192020004040Source: GetLatka.com
YearMilestone
2020Reached 40 employees (December 2020)
2020Reached 51 employees (August 2020)
2020Reached 982 employees (June 2020)
2019Reached 957 employees (December 2019)
2018Reached 849 employees (December 2018)

Frequently Asked Questions about Ideal

What is Ideal's revenue?

Ideal generates $86.2M in revenue.

Who founded Ideal?

Ideal was founded by Somen Mondal.

Who is the CEO of Ideal?

The CEO of Ideal is Somen Mondal.

How much funding does Ideal have?

Ideal raised $3M.

How many employees does Ideal have?

Ideal has 40 employees.

Where is Ideal headquarters?

Ideal is headquartered in Rockville, Maryland, United States.

Compare Ideal to the industry

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