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2024 Revenue

$26.4M

Customers

35

Funding

$0

YOY

207.2%

Avg ACV

$754.3K

Team

142

Founded

2003

How Odine Solutions CEO Alper Burak grew to $26.4M revenue and 35 customers in 2024.

As of March 1st, 2018; our company name has changed to ODINE SOLUTIONS.

Over the past 15 years; Verscom Solutions has been a pioneer in its domain, becoming one of the leading regional telecom solutions providers, serving more than 160 customers spread over 36 countries. Starting in 2014; our company has invested heavily in telecom software development and new-gen communications technology integration. After 4 years of hard work; we've managed to transform our company into an end-to-end telecommunication infrastructure solutions company with two primary business lines, "Voice Solutions" and "Communication Solutions". With our new vision; and with this change, we believe that we will better present ourselves as one of the most innovative, trusted, and carrier-neutral telecommunication solutions integration companies in the industry. To meet the ever-changing needs of the industry, we are expanding in terms of territory, with new sales offices, while adding new business lines such as mo

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Odine Solutions Revenue

In 2024, Odine Solutions's revenue reached $26.4M. The company previously reported $17.3M in 2024. Since its launch in 2003, Odine Solutions has shown consistent revenue growth.

Odine Solutions Revenue GrowthReported revenue / ARR over time$0$6M$12M$18M$24M$30M200320052007200920112013201520172019202120232024$0$7M$9M$26MSource: GetLatka.com
YearMilestoneQuote
2024Odine Solutions Hit $26.4m revenue in November 2024Source
2024Odine Solutions Hit $17.3m revenue in October 2024
2023Odine Solutions Hit $8.6m revenue in October 2023
2021Odine Solutions Hit $7.3m revenue in April 2021
2003Launched with $0 revenue

Odine Solutions Valuation, Funding Rounds

Odine Solutions is a bootstrapped SaaS startup. Founded in 2003, Odine Solutions has grown to $26.4M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Odine Solutions has built its business with no outside investment.

Odine Solutions 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$12003Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Alper Burak

Alper Tunga Burak is a Chief Executive Officer of Odine Solutions. He takes an active role in building the strategy for developing new markets, new verticals and diversification of group business lines, as well as strategic marketing with his 19 years of industry experience. He joined Odine Solutions in 2006 at start up bringing years of telecommunications experience in product development, business development, sales engineering, marketing and strategic planning paving the way for Odine Solutions to its current market stance with 170 carrier/operator customers in 36 different countries. Prior to joining Odine Solutions, he was leading the Product&Business development unit of Turkcell Superonline where his role was transforming the company from a leading ISP into a Communications Services Provider. Mr. Burak holds an M.S. degree in Engineering and Technology Management from Bogazici University and a B.S. degree in Electronics and Communication Engineering from Istanbul Technical University. Follow us facebook icon twitter icon linkedin icon CCC App inside gccm logo inside gccm logo Lega

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Customers

Odine Solutions serves 35 customers.

Odine Solutions Employees & Team Size

Odine Solutions employs approximately 142 people as of 2026, up from 98 in 2023, including 8 sales reps that carry a quota. It serves 35 customers that rely on its solutions.

Odine Solutions Team GrowthReported headcount over time030609012015020032005200720092011201320152017201920212023202400142142Source: GetLatka.com
YearMilestone
2024Reached 142 employees (December 2024)
2024Reached 98 employees (October 2024)
2023Reached 98 employees (October 2023)
2022Reached 102 employees (October 2022)
2021Reached 100 employees (December 2021)
2021Reached 87 employees (April 2021)

Frequently Asked Questions about Odine Solutions

What is Odine Solutions's revenue?

Odine Solutions generates $26.4M in revenue.

Who founded Odine Solutions?

Odine Solutions was founded by Alper Burak.

Who is the CEO of Odine Solutions?

The CEO of Odine Solutions is Alper Burak.

How much funding does Odine Solutions have?

Odine Solutions raised $0.

How many employees does Odine Solutions have?

Odine Solutions has 142 employees.

Where is Odine Solutions headquarters?

Odine Solutions is headquartered in Istanbul, Sarıyer , Turkey.

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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Odine Solutions Revenue 2024: $26.4M ARR (Bootstrapped)