Latka logo

2024 Revenue

$7.2M

Customers

30

Funding

$0

YOY

42.3%

Avg ACV

$241.4K

Team

61

Founded

2016

How ImproveIT Solutions CEO Vitaliy Vershinin grew to $7.2M revenue and 30 customers in 2024.

ImproveIT Solutions creates fantastic web, mobile and SaaS solutions for European hi-tech companies. We also provide talented dedicated teams of engineers, who work directly for product companies from around the globe.

Since 2016 we have been creating products used in 75 countries, and we've successfully set up dedicated development teams in Ukraine for 20+ clients.

Our main technologies: React, Angular, Vue, Node, PHP, .NET, iOS, Android, React Native.

Last updated

ImproveIT Solutions Revenue

In 2024, ImproveIT Solutions's revenue reached $7.2M. The company previously reported $5.1M in 2023. Since its launch in 2016, ImproveIT Solutions has shown consistent revenue growth.

ImproveIT Solutions Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M201620172018201920202021202220232024$0$4.3M$5.1M$7.2MSource: GetLatka.com
YearMilestoneQuote
2024ImproveIT Solutions Hit $7.2m revenue in October 2024
2023ImproveIT Solutions Hit $5.1m revenue in October 2023
2021ImproveIT Solutions Hit $4.3m revenue in April 2021
2016Launched with $0 revenue

ImproveIT Solutions Valuation, Funding Rounds

ImproveIT Solutions is a bootstrapped Other Collaboration Software startup. Founded in 2016, ImproveIT Solutions has grown to $7.2M in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, ImproveIT Solutions has built its business with no outside investment.

ImproveIT Solutions Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Vitaliy Vershinin

CEO

With more than 7 years of experience across the IT industry & Project Management, I’ve gained deep expertise in building and managing engineering teams, product development, and technology operations across a variety of industries. I know how to build high-level relationships with senior stakeholders and drive strategic insight for diverse companies. Committed team player, I always try to optimize workflow and find new opportunities to make teamwork more efficient and productive. Together with the team of professionals at ImproveIT Solutions, we create fantastic web, mobile, and SaaS solutions for hi-tech customers. We also provide talented dedicated teams of engineers, who work directly for product companies from around the globe. If you see space for collaboration here - feel free to reach out. I’m happy to consult on software development services, hiring remote developers, offshore and nearshore development, engineering teams in Ukraine.

Q&A

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

Customers

ImproveIT Solutions serves 30 customers.

ImproveIT Solutions Employees & Team Size

ImproveIT Solutions employs approximately 61 people as of 2026, down from 68 in 2023, including 2 sales reps that carry a quota. It serves 30 customers that rely on its solutions.

ImproveIT Solutions Team GrowthReported headcount over time01530456075201620172018201920202021202220232024006161Source: GetLatka.com
YearMilestone
2024Reached 61 employees (December 2024)
2024Reached 68 employees (October 2024)
2023Reached 68 employees (October 2023)
2022Reached 67 employees (October 2022)
2021Reached 69 employees (December 2021)
2021Reached 51 employees (April 2021)

Frequently Asked Questions about ImproveIT Solutions

What is ImproveIT Solutions's revenue?

ImproveIT Solutions generates an estimated $7.2M in annual revenue.

Who founded ImproveIT Solutions?

ImproveIT Solutions was founded by Vitaliy Vershinin.

Who is the CEO of ImproveIT Solutions?

The CEO of ImproveIT Solutions is Vitaliy Vershinin.

How much funding does ImproveIT Solutions have?

ImproveIT Solutions is bootstrapped and has not raised outside funding.

How many employees does ImproveIT Solutions have?

ImproveIT Solutions has 61 employees.

Where is ImproveIT Solutions headquarters?

ImproveIT Solutions is headquartered in Chernivtsi, Ukraine.

Compare ImproveIT Solutions to the industry

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

Claim this profile

People Also Viewed

Qobra logo

Qobra

Qobra is an AI-first sales compensation platform founded in 2020 by Antoine Fort (CEO), Axel (CTO), and Tongue (CPO). The company automates end-to-end commissions, replacing spreadsheet-based workflows for sales organizations. Fort co-founded the business almost immediately after graduating, drawing on relationships with senior sales leaders to understand the problem rather than personal experience as a commission-earner. Qobra has grown from a 100K pre-seed round and its first customer in 2020 to approximately 8M in ARR as of May 2026, serving more than 250 customers at an average ACV of roughly 30,000 per year. The company broke 1M ARR in 2022, reached between 4M and 5M ARR twelve months prior to the interview, and is targeting 10M ARR by end of 2026. Total funding raised stands at 5.7M across a 111K pre-seed in 2020 and a 5.5M seed in 2022, supplemented by a 10M Series A in late 2023 and 2M in debt financing. Investors include Singular and Brieger. The team has grown to 49 people. The single most interesting strategic inflection point is Qobra's bet that AI agents will allow it to capture dollars currently flowing to implementation consultants and external firms. The company is launching three agents, called the Analyst, the Architect, and the Coach, in June 2026, with the Architect able to build and deploy compensation plans in minutes instead of weeks. Fort frames this as turning a 6-dollar services market into software revenue, citing Sequoia's thesis that for every dollar spent on software, six dollars are spent on services.

Chattermill Analytics logo

Chattermill Analytics

Copilot transforms the way you interact with your customer data. With the power of generative AI, you can get answers to all of your CX, product, and marketing questions, improving team alignment, efficiency, and productivity. Have questions? Just ask!

Sentisis logo

Sentisis

Sentisis is the Customer Experience platform for the Spanish language

SPOT logo

SPOT

Provider of a cloud based measurement software designed to make cloud computing more accessible and practical through simplicity and technical resources driven by the community. The company's cloud based measurement software uses artificial intelligence and machine learning to capture and analyze the data of the real world through video to predict and establish more precise marketing strategies, enabling businesses to optimize processes and gain competitive advantage.

Tactile Mobility (formerly MobiWize) logo

Tactile Mobility (formerly MobiWize)

Provider of a device sensing platform intended to transform the mobility industry. The company's platform comprises of two advanced software modules that can be provided as standalone or combined together to gather signal processing data, enabling clients to avail safer, efficient and enjoyable driving experience.

Tera logo

Tera

Tera is a AI powered smarter finance platform offering unified experience for businesses