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How Inky CEO Dave Baggett grew Inky to $14M revenue and 500 customers in 2024.

Developer of an AI based anti-phishing platform designed to block unusual or suspicious threats. The company's platform uses novel computer vision and anomaly detection algorithms to identify and block both brand forgery emails and spear-phishing attempts, enabling users to offer specific guidance on potentially problematic messages anywhere.

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Inky Revenue

In 2024, Inky's revenue reached $14M. The company previously reported $5.6M in 2021. Since its launch in 2008, Inky has shown consistent revenue growth.

Inky Revenue GrowthReported revenue / ARR by year$0$3M$6M$9M$12M$15M200820102012201420162018202020222024$0$6M$14MSource: GetLatka.com
YearMilestone
2024Inky Hit $14m revenue in June 2024
2021Inky Hit $5.6m revenue in April 2021
2008Launched with $0 revenue

Inky Valuation, Funding Rounds

Inky's most recent disclosed valuation is $16.9M.

Inky is a bootstrapped Image Recognition Software startup. Founded in 2008, Inky has grown to $14M in revenue without raising any venture capital or outside funding.

As a self-funded Image Recognition Software SaaS company, Inky has built its business with no outside investment.

Inky Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120082008 cumulative: $0 • 2008 Founded: $02008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Inky Employees & Team Size

Inky employs approximately 49 people as of 2026, up from 48 in 2023.

Inky has 49 total employees in different roles and functions and 16 sales reps that carry a quota. They have 500 customers that rely on the company's solutions.

Inky Team GrowthReported headcount over time01530456075200820102012201420162018202020222024004949Source: GetLatka.com
YearMilestone
2024Reached 49 employees (December 2024)
2024Reached 48 employees (October 2024)
2023Reached 48 employees (September 2023)
2023Reached 56 employees (January 2023)
2022Reached 56 employees (January 2022)
2021Reached 61 employees (August 2021)
2021Reached 67 employees (April 2021)

Founder / CEO

Dave Baggett

Dave is Founder and CEO of INKY. INKY’s flagship product, INKY Phish Fence, uses computer vision and other machine learning techniques to identify and block phishing emails. Phishing is arguably the biggest problem in cybersecurity today, driving over $1.5B/year of theft and extensive PII and credential theft. Prior to INKY, Dave was co-founder and COO of travel search provider ITA Software, where he oversaw software development, operations, and customer relations, expanding the company to over 500 employees. Google acquired ITA for $700M in April 2011. Dave has a B.S./B.A. in Computer Science and Linguistics from the University of Maryland, College Park and a S.M. in Computer Science from MIT. Dave also volunteers as a member of the US Department of Energy Secretary Advisory Board on AI.

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Customers

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Frequently Asked Questions about Inky

What is Inky's revenue?

Inky generates $14M in revenue.

Who founded Inky?

Inky was founded by Dave Baggett.

Who is the CEO of Inky?

The CEO of Inky is Dave Baggett.

How much funding does Inky have?

Inky raised $0.

How many employees does Inky have?

Inky has 49 employees.

Where is Inky headquarters?

Inky is headquartered in College Park, Maryland, United States.

Compare Inky to the industry

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

Inky Revenue 2024: $14M ARR, $16.9M Valuation