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Valuation

$26M

2024 Revenue

$74.5M

Customers

22K

Funding

$6M

Avg ACV

$3.4K

Team

188

Profits

$1

Churn

12%

How Growens CEO Nazzareno Gorni grew to $74.5M revenue and 22K customers in 2024.

Growens is an integrated industrial group that creates technologies for content creation, predictive marketing and mobile messaging, meant for organizations wishing to communicate effectively with their customers.

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Growens Revenue

In 2024, Growens's revenue reached $74.5M. The company previously reported $59.4M in 2019. Since its launch in 2002, Growens has shown consistent revenue growth.

Growens Revenue GrowthReported revenue / ARR over time$0$20M$40M$60M$80M200220042006200820102012201420162018202020222024$0$59M$74MSource: GetLatka.com interview on Sep 24, 2018 with Growens CEO Nazzareno Gorni
YearMilestoneQuote
2024Growens Hit $74.5m revenue in December 2024Source
2019Growens Hit $59.4m revenue in October 2019
2018Growens Hit $35m revenue in September 2018
2002Launched with $0 revenue

Growens Valuation, Funding Rounds

Growens reached a $26M valuation in 2017.

Growens has raised $6M in total funding across 1 round, with its most recent round in 2017.

Growens Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$6M$2M$12M$3M$18M$5M$24M$6M$30M$8M200220042006200820102012201420162017$26MSource: GetLatka.com interview on Sep 24, 2018 with Growens CEO Nazzareno Gorni
YearRoundAmountValuation% SoldQuote
2017Funding round$6M$26M23%

Founder / CEO

Nazzareno Gorni

MailUp Group is a leading player in the field of cloud marketing technologies, offers a broad spectrum of solutions with a focus on data-driven omni-channel marketing automation, used by SME’s and large corporations to engage their customers. MailUp was founded in 2002, IPO in 2014 on the AIM Italia market.

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Customers

Growens serves 22K customers.

Growens Employees & Team Size

Growens employs approximately 188 people as of 2026, down from 240 in 2019. It serves 22K customers that rely on its solutions.

Growens Team GrowthReported headcount over time06012018024030020022004200620082010201220142016201820202022202400240240188188Source: GetLatka.com interview on Sep 24, 2018 with Growens CEO Nazzareno Gorni
YearMilestone
2024Reached 188 employees (January 2024)
2019Reached 240 employees (October 2019)
2018Reached 170 employees (September 2018)

Frequently Asked Questions about Growens

What is Growens's revenue?

Growens generates $74.5M in revenue.

Who founded Growens?

Growens was founded by Nazzareno Gorni.

Who is the CEO of Growens?

The CEO of Growens is Nazzareno Gorni.

How much funding does Growens have?

Growens raised $6M.

How many employees does Growens have?

Growens has 188 employees.

Where is Growens headquarters?

Growens is headquartered in Lombardia, Italy.

Compare Growens to the industry

Growens operates across multiple industries. Browse revenue, funding, and growth data for Growens 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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Growens Revenue 2024: $74.5M ARR, $26M Valuation