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Provider of an energy trading platform. The company offers an online platform which enables monitoring and controlling of charging stations and charging of EVs.
Last updated
In 2024, Meshcrafts's revenue reached $3M. The company previously reported $2M in 2023. Since its launch in 2013, Meshcrafts has shown consistent revenue growth.
Meshcrafts is a bootstrapped IoT Platforms startup. Founded in 2013, Meshcrafts has grown to $3M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Platforms SaaS company, Meshcrafts has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Åsmund Møll Frengstad is the founder of Meshcrafts and currently works as Commercial Director (CCO). Åsmund studied Siv.Ing. Machine at the Norwegian University of Life Sciences (NMBU). With a focus on product development, renewable energy and IPR. At the university, Åsmund founded Meshcrafts as a student company. Meshcrafts SB won several awards, including Zero and TEKNA Best Technical Student Project 2014. Meshcrafts SB also won Best Student Enterprise at NMBU and INVEN2 Start, which gave Meshcrafts the start-up capital that was incorporated. That same year, Meshcraft's "pitch" won at the EU SMB Assembly.
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We do not have customer count information for Meshcrafts yet.
Meshcrafts employs approximately 28 people as of 2026.
Meshcrafts generates an estimated $3M in annual revenue.
Meshcrafts was founded by Asmund Frengstad.
The CEO of Meshcrafts is Asmund Frengstad.
Meshcrafts is bootstrapped and has not raised outside funding.
Meshcrafts has 28 employees.
Meshcrafts is headquartered in Oslo, Norway.
Meshcrafts operates across multiple industries. Browse revenue, funding, and growth data for Meshcrafts 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.
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2024 Revenue
$3M(Est.)
Funding
$0
Team
28
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Meshcrafts Hit $3m revenue in October 2024 | Estimated |
| 2023 | Meshcrafts Hit $2m revenue in October 2023 | Estimated |
| 2021 | Meshcrafts Hit $936.5k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 28 employees (October 2024) | |
| 2023 | Reached 28 employees (October 2023) | |
| 2022 | Reached 23 employees (October 2022) | |
| 2021 | Reached 16 employees (December 2021) | |
| 2021 | Reached 12 employees (April 2021) |
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