2024 Revenue
$7M
Funding
$0
YOY
46.8%
Team
72
Founded
1998
How LogiSense CEO Adam Howatson grew to $7M revenue with a 72 person team in 2024.
Provider of licensed and Software-as-a-Service (SaaS) usage rating, mediation and subscription billing solutions for the Internet of Things, telecommunications, unified communications and enterprise service providers. The company's carrier-grade solutions are built on its proprietary, real-time usage rating and subscription billing platform which is designed to be provider agnostic which enables it to grow with customers as they evolve their business operations and end user offerings.
Last updated
LogiSense Revenue
In 2024, LogiSense's revenue reached $7M. The company previously reported $4.8M in 2023. Since its launch in 1998, LogiSense has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | LogiSense Hit $7m revenue in October 2024 | |
| 2023 | LogiSense Hit $4.8m revenue in October 2023 | |
| 2021 | LogiSense Hit $3.9m revenue in April 2021 | |
| 1998 | Launched with $0 revenue |
LogiSense Valuation, Funding Rounds
LogiSense is a bootstrapped Other IoT Software startup. Founded in 1998, LogiSense has grown to $7M in revenue without raising any venture capital or outside funding.
As a self-funded Other IoT Software SaaS company, LogiSense has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Adam Howatson
CEO
Adam Howatson joined LogiSense as President and Chief Executive Officer in January of 2019, where he also serves as a member of the Board and Board Secretary.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for LogiSense yet.
LogiSense Employees & Team Size
LogiSense employs approximately 72 people as of 2026, down from 77 in 2023, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 72 employees (December 2024) |
| 2024 | Reached 77 employees (October 2024) |
| 2023 | Reached 77 employees (October 2023) |
| 2022 | Reached 76 employees (October 2022) |
| 2021 | Reached 76 employees (December 2021) |
| 2021 | Reached 66 employees (April 2021) |
Frequently Asked Questions about LogiSense
What is LogiSense's revenue?
LogiSense generates an estimated $7M in annual revenue.
Who founded LogiSense?
LogiSense was founded by Adam Howatson.
Who is the CEO of LogiSense?
The CEO of LogiSense is Adam Howatson.
How much funding does LogiSense have?
LogiSense is bootstrapped and has not raised outside funding.
How many employees does LogiSense have?
LogiSense has 72 employees.
Where is LogiSense headquarters?
LogiSense is headquartered in Cambridge, Ontario, Canada.
Compare LogiSense to the industry
LogiSense operates across multiple industries. Browse revenue, funding, and growth data for LogiSense in each sector below.
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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