2024 Revenue
$1.2M
Funding
$0
YOY
40.4%
Team
9
Founded
2017
How Mantle CEO Ted Sorom grew to $1.2M revenue with a 9 person team in 2024.
Operator of a blockchain technology platform intended to make digital experiences more trustable and unique. The company's platform provides a set of enterprise blockchain development products through blockchain-as-a-service (BaaS) that leverages unique virtualization capabilities which eliminate the fundamental blockchain expertise gap, solves its engineering complexity and removes the underlying risk of infrastructure obsolescence, enabling clients primarily in finance, healthcare and legal industries to integrate the value of blockchain into enterprise applications and operate in full-transparency, compliance and security across their digital and commercial exchanges.
Last updated
Mantle Revenue
In 2024, Mantle's revenue reached $1.2M. The company previously reported $856.9K in 2023. Since its launch in 2017, Mantle has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Mantle Hit $1.2m revenue in October 2024 | |
| 2023 | Mantle Hit $856.9k revenue in October 2023 | |
| 2021 | Mantle Hit $631.9k revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
Mantle Valuation, Funding Rounds
Mantle is a bootstrapped Banking as a Service (BaaS) Software startup. Founded in 2017, Mantle has grown to $1.2M in revenue without raising any venture capital or outside funding.
As a self-funded Banking as a Service (BaaS) Software SaaS company, Mantle has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
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 Mantle yet.
Mantle Employees & Team Size
Mantle employs approximately 9 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 9 employees (October 2024) |
| 2023 | Reached 9 employees (October 2023) |
| 2022 | Reached 8 employees (October 2022) |
| 2021 | Reached 8 employees (December 2021) |
| 2021 | Reached 8 employees (April 2021) |
Frequently Asked Questions about Mantle
What is Mantle's revenue?
Mantle generates an estimated $1.2M in annual revenue.
Who founded Mantle?
Mantle was founded by Ted Sorom.
Who is the CEO of Mantle?
The CEO of Mantle is Ted Sorom.
How much funding does Mantle have?
Mantle is bootstrapped and has not raised outside funding.
How many employees does Mantle have?
Mantle has 9 employees.
Where is Mantle headquarters?
Mantle is headquartered in Montréal, Quebec, Canada.
Compare Mantle to the industry
Mantle operates across multiple industries. Browse revenue, funding, and growth data for Mantle 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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