2024 Revenue
$3.4M(Est.)
Team
46
Founded
2006
IPEVO Revenue (2024)
IPEVO generated an estimated $3.4M in annual revenue in 2024. Source: GetLatka estimate
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
IPEVO Revenue
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.
| 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 | Not recorded |
| 2006 | Launched with $0 revenue |
Founder / CEO
Royce Hong
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.
IPEVO Employees & Team Size
IPEVO employs approximately 46 people as of 2026, including 8 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 46 employees (October 2024) | Not recorded |
| 2023 | Reached 46 employees (October 2023) | Not recorded |
| 2022 | Reached 49 employees (October 2022) | Not recorded |
| 2021 | Reached 44 employees (December 2021) | Not recorded |
| 2021 | Reached 41 employees (April 2021) | Not recorded |
Frequently Asked Questions about IPEVO
What is IPEVO's revenue?
As of 2024, IPEVO generated an estimated $3.4M in annual revenue.
Who founded IPEVO?
IPEVO was founded by Royce Hong.
When was IPEVO founded?
IPEVO was founded in 2006.
Who is the CEO of IPEVO?
The CEO of IPEVO is Royce Hong.
How many employees does IPEVO have?
As of 2024, IPEVO had 46 employees.
Where is IPEVO headquartered?
IPEVO is headquartered in Sunnyvale, California, United States.
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.
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