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Valuation

$10B

2024 Revenue

$144.2M

Customers

6M

Funding

$118.5M

YOY

32%

Avg ACV

$24

Team

675

Founded

2011

How Kraken CEO Jesse Powell grew Kraken to $144.2M revenue and 6M customers in 2024.

Kraken is a provider of online tool for forex trading. The company is servicing customers globally and has local banking relationships in the United States, European Union and South Korea. It provides professional exchange and trading platform for digital currencies. It was founded in 2011 and is headquartered in San Francisco, California. The company seeks to strengthen and expand the company's core business through acquisitions.

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Kraken Revenue

In 2024, Kraken's revenue reached $144.2M. The company previously reported $109.2M in 2023. Since its launch in 2011, Kraken has shown consistent revenue growth.

Kraken Revenue GrowthReported revenue / ARR by year$0$40M$80M$120M$160M20112013201520172019202120232024$0$12M$144MSource: GetLatka.com
YearMilestone
2024Kraken Hit $144.2m revenue in October 2024
2023Kraken Hit $109.2m revenue in December 2023
2020Kraken Hit $12.3m revenue in December 2020
2019Kraken Hit $15.1m revenue in December 2019
2011Launched with $0 revenue

Kraken Valuation, Funding Rounds

Kraken's most recent disclosed valuation is $10B.

Kraken has raised $118.5M in total funding across 3 rounds, with its most recent round in 2019.

Kraken Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$25M$50M$75M$100M$125M2011201220132014201520162017201820192011 cumulative: $0 • 2011 Founded: $02014 cumulative: $5M • 2011 Founded: $0 • 2014 Funding round: $5M2019 cumulative: $105M • 2011 Founded: $0 • 2014 Funding round: $5M • 2019 Funding round: $100M2019 cumulative: $119M • 2011 Founded: $0 • 2014 Funding round: $5M • 2019 Funding round: $100M • 2019 Funding round: $14M$119M2011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$13.5M--
2019Funding round$100M--
2014Funding round$5M--

Kraken Employees & Team Size

Kraken employs approximately 675 people as of 2026.

Kraken has 675 total employees in different roles and functions and 1 sales reps that carry a quota. They have 6M customers that rely on the company's solutions.

Kraken Team GrowthReported headcount over time04008001,2001,6002,0002011201320152017201920212023202400675675Source: GetLatka.com
YearMilestone
2024Reached 675 employees (October 2024)
2023Reached 675 employees (December 2023)
2022Reached 1.7K employees (December 2022)
2021Reached 170 employees (April 2021)

Founder / CEO

Jesse Powell

Jesse Powell is listed as Founder / CEO at Kraken.

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Customers

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Frequently Asked Questions about Kraken

What is Kraken's revenue?

Kraken generates $144.2M in revenue.

Who founded Kraken?

Kraken was founded by Jesse Powell.

Who is the CEO of Kraken?

The CEO of Kraken is Jesse Powell.

How much funding does Kraken have?

Kraken raised $118.5M.

How many employees does Kraken have?

Kraken has 675 employees.

Where is Kraken headquarters?

Kraken is headquartered in San Francisco, California, United States.

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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 .

Kraken Revenue 2024: $144.2M ARR, $10B Valuation