IDU
South Africa
Valuation
$14.1M
2021 Revenue
$4.7M
Funding
$0
Team
56
Founded
1998
How IDU CEO Kevin Phillips grew to $4.7M revenue with a 56 person team in 2021.
IDU was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems. Our flagship product, idu-Concept, is specifically designed to overcome issues that get in the way of effective budgeting, forecasting and reporting.
Last updated
IDU Revenue
In 2021, IDU's revenue reached $4.7M. Since its launch in 1998, IDU has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | IDU Hit $4.7m revenue in April 2021 | |
| 1998 | Launched with $0 revenue |
IDU Valuation, Funding Rounds
IDU's most recent disclosed valuation is $14.1M.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for IDU yet.
IDU Employees & Team Size
IDU employs approximately 56 people as of 2026.
| Year | Milestone |
|---|---|
| 2021 | Reached 56 employees (April 2021) |
Frequently Asked Questions about IDU
What is IDU's revenue?
IDU generates $4.7M in revenue.
Who founded IDU?
IDU was founded by Kevin Phillips.
Who is the CEO of IDU?
The CEO of IDU is Kevin Phillips.
How much funding does IDU have?
IDU raised $0.
How many employees does IDU have?
IDU has 56 employees.
Where is IDU headquarters?
IDU is headquartered in South Africa.
Compare IDU to the industry
IDU operates across multiple industries. Browse revenue, funding, and growth data for IDU 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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