KoolSpan revenue hit $3.5M in 2024

KoolSpan generates revenue from customers

KoolSpan

Germantown, Maryland, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How KoolSpan hit $3.5M revenue with a 33 person team in 2023.

Provider of mobile security encryption services. The company manufactures the TrustChip, a microSD card that enables drop-in, secure connectivity services to mobile devices.

Founded

2002

Founded

Revenue

$3.5M

2023 Revenue

YOY

20.8%

YOY

Funding

$424.3M

Funding

KoolSpan Revenue

In 2023, KoolSpan revenue run rate hit $3.5M in revenue.

  • 2023

    KoolSpan hit $3.5M in revenue in 2023

  • 2021

    KoolSpan hit $2.5M in revenue in 2021

  • 2002

    KoolSpan launched in 2002 with $0 revenue

KoolSpan Funding History

  • 2011

    KoolSpan raised a of in September, 2011

  • 2010

    KoolSpan raised a of in June, 2010

  • 2008

    KoolSpan raised a of in May, 2008

  • 2006

    KoolSpan raised a of in November, 2006

  • 2004

    KoolSpan raised a of in February, 2004

FUNDING DATE ROUND AMOUNT VALUATION
September, 01 2011
June, 08 2010
May, 13 2008
November, 01 2006
February, 25 2004

Team

KoolSpan has 33 total employees and 3 sales reps that carry a quota. an engineering team of 13 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 33
Engineer 13 (39%)
Sales 3 (9%)
Marketing 1 (3%)

Founder / CEO

Nigel Jones

Nigel Jones brings to KoolSpan over 20 years of experience in operations, financial management, private equity, and mergers & acquisitions, with a demonstrated track record of success. Nigel has been a partner at private equity investment firm TWJ Capital since 2006. Prior to joining TWJ Capital, Nigel was a Principal at the Carlyle Group, where he was a member of the U.S. Buyout team focused on the aerospace, defense, and federal technical services sectors. Prior to joining Carlyle, he was an Associate in the Technology Investment Banking group at Goldman Sachs & Co. Nigel holds a Masters of Business Administration degree from the Stanford University Graduate School of Business and a Bachelor of Arts degree (magna cum laude) from Harvard University. Prior to business school, Nigel was a commissioned officer in the United States Marine Corps from 1991 to 1995, with a focus on secure voice and data communications. Nigel is a member of the Board of Directors of the Marine Corps Scholarship Fund.

Q&A

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Customers

Churn

KoolSpan Executives

Name Position Working Email Personal Email
Nigel Jones CEO - -

KoolSpan Employees

Name Position Working Email Personal Email
Nigel Jones CEO - -

Frequently Asked Questions about KoolSpan

  • When was KoolSpan founded?

    KoolSpan was founded in 2002.

  • How much revenue does KoolSpan generate?

    KoolSpan generates $3.5M in revenue.

  • Who is the CEO of KoolSpan

    The CEO of KoolSpan is Nigel Jones.

  • How much funding does KoolSpan have?

    KoolSpan raised $424.3M.

  • How many employees does KoolSpan have?

    KoolSpan has 33 employees.

  • Where is KoolSpan headquarters?

    KoolSpan is headquartered at Germantown, Maryland, United States

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