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Valuation

$47.7M

2024 Revenue

$15.9M

Funding

$0

Team

104

Founded

2016

How Numida CEO Mina Shahid grew Numida to $15.9M revenue with a 104 person team in 2024.

Working capital for African micro businesses

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Numida Revenue

In 2024, Numida's revenue reached $15.9M. The company previously reported $17.3M in 2024. Since its launch in 2016, Numida has shown consistent revenue growth.

Numida Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M201620172018201920202021202220232024$0$16MSource: GetLatka.com
YearMilestone
2024Numida Hit $15.9m revenue in December 2024
2024Numida Hit $17.3m revenue in June 2024
2016Launched with $0 revenue

Numida Valuation, Funding Rounds

Numida's most recent disclosed valuation is $47.7M.

Numida is a bootstrapped Venture Capital startup. Founded in 2016, Numida has grown to $15.9M in revenue without raising any venture capital or outside funding.

As a self-funded Venture Capital SaaS company, Numida has built its business with no outside investment.

Numida Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120162016 cumulative: $0 • 2016 Founded: $02016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Numida Employees & Team Size

Numida employs approximately 104 people as of 2026.

Numida has 104 total employees in different roles and functions.

Numida Team GrowthReported headcount over time025507510012520162017201820192020202120222023202400104104Source: GetLatka.com
YearMilestone
2024Reached 104 employees (December 2024)
2024Reached 106 employees (December 2024)
2024Reached 115 employees (June 2024)
2024Reached 115 employees (June 2024)

Founder / CEO

Mina Shahid

Mina Shahid is listed as Founder / CEO at Numida.

Q&A

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Customers

We do not have customer count information for Numida yet.

Frequently Asked Questions about Numida

What is Numida's revenue?

Numida generates $15.9M in revenue.

Who founded Numida?

Numida was founded by Mina Shahid.

Who is the CEO of Numida?

The CEO of Numida is Mina Shahid.

How much funding does Numida have?

Numida raised $0.

How many employees does Numida have?

Numida has 104 employees.

Where is Numida headquarters?

Numida is headquartered in Kampala, Uganda.

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 .