Valuation
$3.1M
2020 Revenue
$1M
Funding
$0
Team
11
Founded
2007
How Induct CEO Alf Martin Johansen grew Induct to $1M revenue with a 11 person team in 2020.
Induct Software; founded in 2007, is an Oslo, Norway based company specialized in Innovation Management. Inspired by Dr. Henry Chesbrough's groundbreaking research on Open Innovation.
Last updated
Induct Revenue
In 2020, Induct's revenue reached $1M. Since its launch in 2007, Induct has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2020 | Induct Hit $1m revenue in August 2020 |
| 2007 | Launched with $0 revenue |
Induct Valuation, Funding Rounds
Induct's most recent disclosed valuation is $3.1M.
Induct is a bootstrapped SaaS startup. Founded in 2007, Induct has grown to $1M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Induct has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Induct Employees & Team Size
Induct employs approximately 11 people as of 2026.
Induct has 11 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2020 | Reached 11 employees (August 2020) |
Founder / CEO
Alf Martin Johansen
Alf Martin Johansen is listed as Founder / CEO at Induct.
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 Induct yet.
Frequently Asked Questions about Induct
What is Induct's revenue?
Induct generates $1M in revenue.
Who founded Induct?
Induct was founded by Alf Martin Johansen.
Who is the CEO of Induct?
The CEO of Induct is Alf Martin Johansen.
How much funding does Induct have?
Induct raised $0.
How many employees does Induct have?
Induct has 11 employees.
Where is Induct headquarters?
Induct is headquartered in Oslo, Oslo, Norway.
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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 .