Each Tuesday, we reverse-engineer a real SaaS company's revenue, profit, CAC, funnels, and its top growth tactic.
Sign up to access all features
Sign up with GoogleSign up with LinkedInAlready have an account? Log in
GetLatka is trusted by 200k+ founders, researchers, and marketers.
No contracts, cancel at any time
Memfault builds developer tools for firmware engineers.
Last updated
In 2024, Memfault's revenue reached $6.6M. The company previously reported $4.7M in 2023. Since its launch in 2019, Memfault has shown consistent revenue growth.
Memfault is a bootstrapped IoT Development Tools startup. Founded in 2019, Memfault has grown to $6.6M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Development Tools SaaS company, Memfault has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Memfault yet.
Memfault employs approximately 62 people as of 2026, down from 74 in 2023.
Memfault generates an estimated $6.6M in annual revenue.
Memfault was founded by Tyler Hoffman.
The CEO of Memfault is Tyler Hoffman.
Memfault is bootstrapped and has not raised outside funding.
Memfault has 62 employees.
Memfault is headquartered in San Francisco, California, United States.
Memfault operates across multiple industries. Browse revenue, funding, and growth data for Memfault in each sector below.
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.
Claim this profile
Qobra is an AI-first sales compensation platform founded in 2020 by Antoine Fort (CEO), Axel (CTO)...
Ginkgo Retail is an Ecommerce Operating System. A one stop solution for merchants who want to...
SEO company for lawyers specializing in organic SEO, PPC and web design helping clients rank for...
PayLaterr is a financial technology (fintech) company that offers a flexible payment platform...
2024 Revenue
$6.6M(Est.)
Funding
$0
Team
62
Founded
2019
| Year | Milestone | Source |
|---|---|---|
| 2024 | Memfault Hit $6.6m revenue in October 2024 | Estimated |
| 2023 | Memfault Hit $4.7m revenue in October 2023 | Estimated |
| 2021 | Memfault Hit $1.2m revenue in January 2021 | |
| 2019 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 62 employees (December 2024) | |
| 2024 | Reached 74 employees (October 2024) | |
| 2023 | Reached 74 employees (October 2023) | |
| 2022 | Reached 39 employees (October 2022) | |
| 2021 | Reached 22 employees (December 2021) | |
| 2021 | Reached 12 employees (January 2021) |
If you're the CEO and would like to join the podcast, please DM Nathan Latka on LinkedIn.
