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How Modelo CEO Qi Su grew Modelo to $8M revenue with a 555 person team in 2024.

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Modelo Revenue

In 2024, Modelo's revenue reached $8M. The company previously reported $49.7M in 2020. Since its launch in 2014, Modelo has shown consistent revenue growth.

Modelo Revenue GrowthReported revenue / ARR by year$0$13M$25M$38M$50M$63M201420162018202020222024$0$50M$8MSource: GetLatka.com
YearMilestone
2024Modelo Hit $8m revenue in June 2024
2020Modelo Hit $49.7m revenue in August 2020
2014Launched with $0 revenue

Modelo Valuation, Funding Rounds

Modelo's most recent disclosed valuation is $149.1M.

Modelo has raised $3.4M in total funding across 3 rounds, most recently a $2.3M Seed Round round in 2016.

Modelo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$750K$2M$2M$3M$4M2014201520162014 cumulative: $100K • 2014 Seed Round: $100K2015 cumulative: $1M • 2014 Seed Round: $100K • 2015 Seed Round: $1M2016 cumulative: $3M • 2014 Seed Round: $100K • 2015 Seed Round: $1M • 2016 Seed Round: $2M$3MSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Seed Round$2.3M--
2015Seed Round$1M--
2014Seed Round$100K--

Modelo Employees & Team Size

Modelo employs approximately 555 people as of 2026, up from 520 in 2020.

Modelo has 555 total employees in different roles and functions and 21 sales reps that carry a quota.

Modelo Team GrowthReported headcount over time012525037550062520142016201820202022202400555555Source: GetLatka.com
YearMilestone
2024Reached 555 employees (December 2024)
2024Reached 520 employees (October 2024)
2020Reached 520 employees (December 2020)
2020Reached 51 employees (August 2020)
2020Reached 497 employees (June 2020)
2019Reached 486 employees (December 2019)
2018Reached 405 employees (December 2018)

Founder / CEO

Qi Su

Qi Su is listed as Founder / CEO at Modelo.

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Customers

We do not have customer count information for Modelo yet.

Frequently Asked Questions about Modelo

What is Modelo's revenue?

Modelo generates $8M in revenue.

Who founded Modelo?

Modelo was founded by Qi Su.

Who is the CEO of Modelo?

The CEO of Modelo is Qi Su.

How much funding does Modelo have?

Modelo raised $3.4M.

How many employees does Modelo have?

Modelo has 555 employees.

Where is Modelo headquarters?

Modelo is headquartered in Cambridge, Massachusetts, United States.

Compare Modelo to the industry

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

Modelo Revenue 2024: $8M ARR, $149.1M Valuation