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Memfault Revenue (2024)

Memfault builds developer tools for firmware engineers.

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Memfault Revenue

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 Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.5M$3M$4.5M$6M$7.5M201920202021202220232024$0$1.2M$4.7M$6.6MSource: GetLatka.com
YearMilestoneSource
2024Memfault Hit $6.6m revenue in October 2024Estimated
2023Memfault Hit $4.7m revenue in October 2023Estimated
2021Memfault Hit $1.2m revenue in January 2021
2019Launched with $0 revenue

Memfault Valuation, Funding Rounds

Explore the complete funding history and valuation milestones for this company. Below you will find information about each funding round and key financial metrics that shaped the company's growth trajectory.

Memfault Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12019Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Tyler Hoffman

CEO

Tyler Hoffman is listed as CEO at Memfault.

Customers

We do not have customer count information for Memfault yet.

Memfault Employees & Team Size

Memfault employs approximately 62 people as of 2026, down from 74 in 2023.

Memfault Team GrowthReported headcount over time020406080201920202021202220232024006262Source: GetLatka.com
YearMilestoneSource
2024Reached 62 employees (December 2024)
2024Reached 74 employees (October 2024)
2023Reached 74 employees (October 2023)
2022Reached 39 employees (October 2022)
2021Reached 22 employees (December 2021)
2021Reached 12 employees (January 2021)

Frequently Asked Questions about Memfault

What is Memfault's revenue?

Memfault generates an estimated $6.6M in annual revenue.

Who founded Memfault?

Memfault was founded by Tyler Hoffman.

Who is the CEO of Memfault?

The CEO of Memfault is Tyler Hoffman.

How many employees does Memfault have?

Memfault has 62 employees.

Where is Memfault headquarters?

Memfault is headquartered in San Francisco, California, United States.

Compare Memfault to the industry

Memfault operates across multiple industries. Browse revenue, funding, and growth data for Memfault 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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