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How Mall IQ CEO Batu Sat grew to $6.6M revenue with a 69 person team in 2024.

Developer of an indoor location-based mobile engagement and analytics platform designed to provide actionable insights. The company's indoor location-based mobile engagement and analytics platform contains features like indoor location tracking, detailed analytics, effortless fast setup and behavior based campaign, enabling retailers to bridge online and offline behavior and send targeted mobile promotions to their shoppers based on their location and segmentation.

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Mall IQ Revenue

In 2024, Mall IQ's revenue reached $6.6M. The company previously reported $4.5M in 2023. Since its launch in 2016, Mall IQ has shown consistent revenue growth.

Mall IQ Revenue GrowthReported revenue / ARR over time$0$1.5M$3M$4.5M$6M$7.5M201620172018201920202021202220232024$0$2.4M$4.5M$6.6MSource: GetLatka.com
YearMilestoneQuote
2024Mall IQ Hit $6.6m revenue in October 2024
2023Mall IQ Hit $4.5m revenue in October 2023
2021Mall IQ Hit $2.4m revenue in April 2021
2016Launched with $0 revenue

Mall IQ Valuation, Funding Rounds

Mall IQ is a bootstrapped Location Intelligence Software startup. Founded in 2016, Mall IQ has grown to $6.6M in revenue without raising any venture capital or outside funding.

As a self-funded Location Intelligence Software SaaS company, Mall IQ has built its business with no outside investment.

Mall IQ Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Batu Sat

CEO

Engineering and Business Leader in bringing R&D based technologies to market. Experienced in delivering real-time high-performance cloud-based applications in scale. Expert in indoor-location technologies and it's applications in marketing and business intelligence. Extensive experience in Big Data, machine-learning and cloud system architectures. Currently developing technologies that help brands understand their customers and engage them in a way that increases sales and reduces annoyance due to irrelevant offers.

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Customers

We do not have customer count information for Mall IQ yet.

Mall IQ Employees & Team Size

Mall IQ employs approximately 69 people as of 2026, up from 51 in 2023, including 1 sales reps that carry a quota.

Mall IQ Team GrowthReported headcount over time01530456075201620172018201920202021202220232024006969Source: GetLatka.com
YearMilestone
2024Reached 69 employees (December 2024)
2024Reached 51 employees (October 2024)
2023Reached 51 employees (October 2023)
2022Reached 44 employees (October 2022)
2021Reached 32 employees (December 2021)
2021Reached 28 employees (April 2021)

Frequently Asked Questions about Mall IQ

What is Mall IQ's revenue?

Mall IQ generates an estimated $6.6M in annual revenue.

Who founded Mall IQ?

Mall IQ was founded by Batu Sat.

Who is the CEO of Mall IQ?

The CEO of Mall IQ is Batu Sat.

How much funding does Mall IQ have?

Mall IQ is bootstrapped and has not raised outside funding.

How many employees does Mall IQ have?

Mall IQ has 69 employees.

Where is Mall IQ headquarters?

Mall IQ is headquartered in Santa Clara, California, United States.

Compare Mall IQ to the industry

Mall IQ operates across multiple industries. Browse revenue, funding, and growth data for Mall IQ 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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