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Manufacturer of teaching tools. The company designs and manufactures classroom technology, often using components and parts from personal digital devices. Products include wireless and interactive whiteboards, document cameras, and charging stations.
Last updated
In 2024, IPEVO's revenue reached $3.4M. The company previously reported $2.8M in 2023. Since its launch in 2006, IPEVO has shown consistent revenue growth.
IPEVO is a bootstrapped SaaS startup. Founded in 2006, IPEVO has grown to $3.4M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, IPEVO has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Royce is a designer by training, and entrepreneur by circumstance. Born in Hollywood, he lives, slaves away and creates gadgets and things in Taipei for most of his life. He has a two-headed day job as the CEO and big head of design at IPEVO, a maker of simple, powerful and radically affordable teaching tools. As of May 2013, IPEVO products areused in 42,095 or 32% of all K-12 schools in America. Royce graduated from Rhode Island School of Design with a bachelor of Industrial Design, and Art Center College of Design with a bachelor in Graphic Design. Royce previously worked as the Creative Director for PC home Online in Taipei, and as an Industrial Designer at Panasonic in Japan. Prior to founding IPEVO, he was the Co-founder and Executive Director of Agenda Corporation, a leading digital marketing agency in Asia that was acquired by the WPP group in 2008.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for IPEVO yet.
IPEVO employs approximately 46 people as of 2026, including 8 sales reps that carry a quota.
IPEVO generates an estimated $3.4M in annual revenue.
IPEVO was founded by Royce Hong.
The CEO of IPEVO is Royce Hong.
IPEVO is bootstrapped and has not raised outside funding.
IPEVO has 46 employees.
IPEVO is headquartered in Sunnyvale, California, United States.
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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2024 Revenue
$3.4M(Est.)
Funding
$0
Team
46
Founded
2006
| Year | Milestone | Source |
|---|---|---|
| 2024 | IPEVO Hit $3.4m revenue in October 2024 | Estimated |
| 2023 | IPEVO Hit $2.8m revenue in October 2023 | Estimated |
| 2021 | IPEVO Hit $2.3m revenue in April 2021 | |
| 2006 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 46 employees (October 2024) | |
| 2023 | Reached 46 employees (October 2023) | |
| 2022 | Reached 49 employees (October 2022) | |
| 2021 | Reached 44 employees (December 2021) | |
| 2021 | Reached 41 employees (April 2021) |
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