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Valuation

$11.8M

2024 Revenue

$15M

Funding

$6.9M

Team

86

Founded

1981

How Martello Technologies CEO John Proctor grew to $15M revenue with a 86 person team in 2024.

Martello Technologies is provider of fault & performance management capabilities for Mitel UC solutions and multi-vendor networks.

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Martello Technologies Revenue

In 2024, Martello Technologies's revenue reached $15M. The company previously reported $3.9M in 2020. Since its launch in 1981, Martello Technologies has shown consistent revenue growth.

Martello Technologies Revenue GrowthReported revenue / ARR over time$0$4M$8M$12M$16M19811983198519871989199119931995199719992001200320052007200920112013201520172019202120232024$0$4M$15MSource: GetLatka.com
YearMilestoneQuote
2024Martello Technologies Hit $15m revenue in June 2024
2020Martello Technologies Hit $3.9m revenue in June 2020
1981Launched with $0 revenue

Martello Technologies Valuation, Funding Rounds

Martello Technologies's most recent disclosed valuation is $11.8M.

Martello Technologies has raised $6.9M in total funding across 1 round, with its most recent round in 2020.

Martello Technologies Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2M$3M$5M$6M$8M1981198319851987198919911993199519971999200120032005200720092011201320152017201920201981 cumulative: $0 • 1981 Founded: $02020 cumulative: $7M • 1981 Founded: $0 • 2020 Funding round: $7M$7M1981 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$6.9M--

Founder / CEO

John Proctor

John Proctor is listed as Founder / CEO at Martello Technologies.

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Customers

We do not have customer count information for Martello Technologies yet.

Martello Technologies Employees & Team Size

Martello Technologies employs approximately 86 people as of 2026.

Martello Technologies Team GrowthReported headcount over time020406080100198119831985198719891991199319951997199920012003200520072009201120132015201720192021202320240086868686Source: GetLatka.com
YearMilestone
2024Reached 86 employees (October 2024)
2020Reached 86 employees (June 2020)

Frequently Asked Questions about Martello Technologies

What is Martello Technologies's revenue?

Martello Technologies generates $15M in revenue.

Who founded Martello Technologies?

Martello Technologies was founded by John Proctor.

Who is the CEO of Martello Technologies?

The CEO of Martello Technologies is John Proctor.

How much funding does Martello Technologies have?

Martello Technologies raised $6.9M.

How many employees does Martello Technologies have?

Martello Technologies has 86 employees.

Where is Martello Technologies headquarters?

Martello Technologies is headquartered in Ottawa, Ontario, Canada.

Compare Martello Technologies to the industry

Martello Technologies operates across multiple industries. Browse revenue, funding, and growth data for Martello Technologies 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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Martello Technologies Revenue 2024: $15M ARR