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2024 Revenue

$3M

Funding

$0

YOY

54.2%

Team

28

Founded

2013

How Meshcrafts CEO Asmund Frengstad grew Meshcrafts to $3M revenue with a 28 person team in 2024.

Provider of an energy trading platform. The company offers an online platform which enables monitoring and controlling of charging stations and charging of EVs.

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Meshcrafts Revenue

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 Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M2013201520172019202120232024$0$937K$2M$3MSource: GetLatka.com
YearMilestone
2024Meshcrafts Hit $3m revenue in October 2024
2023Meshcrafts Hit $2m revenue in October 2023
2021Meshcrafts Hit $936.5k revenue in April 2021
2013Launched with $0 revenue

Meshcrafts Valuation, Funding Rounds

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.

Meshcrafts Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Meshcrafts Employees & Team Size

Meshcrafts employs approximately 28 people as of 2026.

Meshcrafts has 28 total employees in different roles and functions.

Meshcrafts Team GrowthReported headcount over time06121824302013201520172019202120232024002828Source: GetLatka.com
YearMilestone
2024Reached 28 employees (October 2024)
2023Reached 28 employees (October 2023)
2022Reached 23 employees (October 2022)
2021Reached 16 employees (December 2021)
2021Reached 12 employees (April 2021)

Founder / CEO

Asmund Frengstad

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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Customers

We do not have customer count information for Meshcrafts yet.

Frequently Asked Questions about Meshcrafts

What is Meshcrafts's revenue?

Meshcrafts generates $3M in revenue.

Who founded Meshcrafts?

Meshcrafts was founded by Asmund Frengstad.

Who is the CEO of Meshcrafts?

The CEO of Meshcrafts is Asmund Frengstad.

How much funding does Meshcrafts have?

Meshcrafts raised $0.

How many employees does Meshcrafts have?

Meshcrafts has 28 employees.

Where is Meshcrafts headquarters?

Meshcrafts is headquartered in Oslo, Norway.

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Compare Meshcrafts to the industry

Meshcrafts operates across multiple industries. Browse revenue, funding, and growth data for Meshcrafts in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Meshcrafts Revenue 2024: $3M ARR (Bootstrapped)