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How IDU CEO Kevin Phillips grew IDU 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.

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IDU Revenue

In 2021, IDU's revenue reached $4.7M. Since its launch in 1998, IDU has shown consistent revenue growth.

IDU Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M$5M1998200020022004200620082010201220142016201820202021$0$5MSource: GetLatka.com
YearMilestone
2021IDU Hit $4.7m revenue in April 2021
1998Launched with $0 revenue

IDU Valuation, Funding Rounds

IDU's most recent disclosed valuation is $14.1M.

IDU is a bootstrapped Business Intelligence Software startup. Founded in 1998, IDU has grown to $4.7M in revenue without raising any venture capital or outside funding.

As a self-funded Business Intelligence Software SaaS company, IDU has built its business with no outside investment.

IDU Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119981998 cumulative: $0 • 1998 Founded: $01998 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

IDU Employees & Team Size

IDU employs approximately 56 people as of 2026.

IDU has 56 total employees in different roles and functions.

IDU Team GrowthReported headcount over time013253850631998200020022004200620082010201220142016201820202021005656Source: GetLatka.com
YearMilestone
2021Reached 56 employees (April 2021)

Founder / CEO

Kevin Phillips

Kevin Phillips is listed as Founder / CEO at IDU.

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Customers

We do not have customer count information for IDU yet.

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.

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 .