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How Medio CEO Robert Lilleness grew to $1.9M revenue with a 38 person team in 2021.

Provider of mobile search and advertising services to advertisers, publishers and mobile operators. The company operates a search advertising platform that helps mobile operators and publishers to offer customer experience, as well as advertisers to identify and reach target audience.

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Medio Revenue

In 2021, Medio's revenue reached $1.9M. Since its launch in 2004, Medio has shown consistent revenue growth.

Medio Revenue GrowthReported revenue / ARR over time$0$400K$800K$1M$2M$2M2004200620082010201220142016201820202021$0$2MSource: GetLatka.com
YearMilestoneQuote
2021Medio Hit $1.9m revenue in April 2021
2004Launched with $0 revenue

Medio Valuation, Funding Rounds

Medio's most recent disclosed valuation is $5.6M.

Medio has raised $41M in total funding across 2 rounds, with its most recent round in 2006.

Medio Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$10M$0.4$20M$0.6$30M$0.8$40M$1$50M200420052006Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2006Funding round$30M--
2005Funding round$11M--

Founder / CEO

Robert Lilleness

Rob has built successful high-tech businesses in mobile software, consumer products, predictive analytics and data science. As Medio's CEO, he built the company's strength in mobile and big data analytics space leading to the company's successful acquisition by Nokia. Rob joined Medio from Universal Electronics (NASDAQ: UEIC)where he served as President and COO. During his tenure, the company reversed declining sales, fortified its technology, quadrupled its patent portfolio and developed an array of new products. As a result, revenue grew rapidly, earnings more than tripled, and the market capitalization grew from ~$100 million to ~$500 million.

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Customers

We do not have customer count information for Medio yet.

Medio Employees & Team Size

Medio employs approximately 38 people as of 2026, including 1 sales reps that carry a quota.

Medio Team GrowthReported headcount over time0102030402004200620082010201220142016201820202021003838Source: GetLatka.com
YearMilestone
2021Reached 38 employees (April 2021)

Frequently Asked Questions about Medio

What is Medio's revenue?

Medio generates $1.9M in revenue.

Who founded Medio?

Medio was founded by Robert Lilleness.

Who is the CEO of Medio?

The CEO of Medio is Robert Lilleness.

How much funding does Medio have?

Medio raised $41M.

How many employees does Medio have?

Medio has 38 employees.

Where is Medio headquarters?

Medio is headquartered in Seattle, Washington, United States.

Compare Medio to the industry

Medio operates across multiple industries. Browse revenue, funding, and growth data for Medio 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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Medio Revenue 2021: $1.9M ARR, $5.6M Valuation