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How Mantle CEO Ted Sorom grew Mantle 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.

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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.

Mantle Revenue GrowthReported revenue / ARR by year$0$300K$600K$900K$1M$2M20172018201920202021202220232024$0$632K$857K$1MSource: GetLatka.com
YearMilestoneQuote
2024Mantle Hit $1.2m revenue in October 2024
2023Mantle Hit $856.9k revenue in October 2023
2021Mantle Hit $631.9k revenue in April 2021
2017Launched 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.

Mantle Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ted Sorom

Ted Sorom is listed as Founder / CEO at Mantle.

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Customers

We do not have customer count information for Mantle yet.

Mantle Employees & Team Size

Mantle employs approximately 9 people as of 2026.

Mantle Team GrowthReported headcount over time0246810201720182019202020212022202320240099Source: GetLatka.com
YearMilestone
2024Reached 9 employees (October 2024)
2023Reached 9 employees (October 2023)
2022Reached 8 employees (October 2022)
2021Reached 8 employees (December 2021)
2021Reached 8 employees (April 2021)

Frequently Asked Questions about Mantle

What is Mantle's revenue?

Mantle generates $1.2M in 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 raised $0.

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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Mantle Revenue 2024: $1.2M ARR (Bootstrapped)