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Valuation · 2017

$3M

2024 Revenue

$2.9M(Est.)

Customers

7.5K

Funding

$150K

Avg ACV

$392

Team

31

Founded

2016

Licify Revenue, Valuation & Funding (2024)

Licify generated an estimated $2.9M in annual revenue in 2024. Source: GetLatka estimate

Licify is a company that provides a platform for construction procurement and project management.

Last updated

Licify Revenue

Licify generated an estimated $2.9M in annual revenue in 2024. GetLatka previously estimated $1.7M in 2023. Since its launch in 2016, Licify has shown consistent revenue growth.

Licify Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M201620172018201920202021202220232024$0$673.4K$1.7M$2.9MSource: GetLatka.com
YearMilestoneSource
2024Licify Hit $2.9m revenue in October 2024Estimated
2023Licify Hit $1.7m revenue in October 2023Estimated
2021Licify Hit $673.4k revenue in April 2021Not recorded
2016Launched with $0 revenue

Licify Valuation, Funding Rounds

Licify reached a $3M valuation in 2017, set during its Seed round.

Licify has raised $150K in total funding across 1 round, most recently a $150K Seed round in 2017.

Licify Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$750K$40K$1.5M$80K$2.3M$120K$3M$160K$3.8M$200K20162017$3MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2017Seed$150K$3M5%Not recorded

Founder / CEO

Fernando Olloqui

CEO

Fernando Olloqui is the Co-Founder and CEO at Licify.

Customers

Licify serves 7.5K customers.

Licify Employees & Team Size

Licify employs approximately 31 people as of 2026. It serves 7.5K customers that rely on its solutions.

Licify Team GrowthReported headcount over time0815233038201620172018201920202021202220232024003131Source: GetLatka.com
YearMilestoneSource
2024Reached 31 employees (October 2024)LinkedIn
2023Reached 31 employees (October 2023)LinkedIn
2022Reached 25 employees (October 2022)LinkedIn
2021Reached 15 employees (December 2021)LinkedIn
2021Reached 19 employees (April 2021)Not recorded

Frequently Asked Questions about Licify

What is Licify's revenue?

As of 2024, Licify generated an estimated $2.9M in annual revenue.

What is Licify's valuation?

As of 2017, Licify was valued at $3M.

Who founded Licify?

Licify was founded by Fernando Olloqui.

When was Licify founded?

Licify was founded in 2016.

Who is the CEO of Licify?

The CEO of Licify is Fernando Olloqui.

How much funding does Licify have?

Licify raised $150K across 1 round.

How many employees does Licify have?

As of 2024, Licify had 31 employees.

Where is Licify headquartered?

Licify is headquartered in Bogotá, Colombia.

Compare Licify to the industry

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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