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OpenWrench Revenue (2024)

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OpenWrench Revenue

In 2024, OpenWrench's revenue reached $1.7M. The company previously reported $1.2M in 2023. Since its launch in 2018, OpenWrench has shown consistent revenue growth.

OpenWrench Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$400K$800K$1.2M$1.6M$2M2018201920202021202220232024$0$392K$1.2M$1.7MSource: GetLatka.com
YearMilestoneSource
2024OpenWrench Hit $1.7m revenue in October 2024Estimated
2023OpenWrench Hit $1.2m revenue in December 2023Estimated
2021OpenWrench Hit $392k revenue in January 2021
2018Launched with $0 revenue

OpenWrench Valuation, Funding Rounds

OpenWrench is a bootstrapped Other Vertical Industry Software startup. Founded in 2018, OpenWrench has grown to $1.7M in revenue without raising any venture capital or outside funding.

As a self-funded Other Vertical Industry Software SaaS company, OpenWrench has built its business with no outside investment.

OpenWrench 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$12018Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Matt Velker

CEO

Matt Velker is listed as CEO at OpenWrench.

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Customers

We do not have customer count information for OpenWrench yet.

OpenWrench Employees & Team Size

OpenWrench employs approximately 11 people as of 2026, down from 13 in 2023.

OpenWrench Team GrowthReported headcount over time036912152018201920202021202220232024001111Source: GetLatka.com
YearMilestoneSource
2024Reached 11 employees (October 2024)
2023Reached 13 employees (December 2023)
2022Reached 12 employees (December 2022)
2021Reached 5 employees (December 2021)
2021Reached 4 employees (January 2021)

Frequently Asked Questions about OpenWrench

What is OpenWrench's revenue?

OpenWrench generates an estimated $1.7M in annual revenue.

Who founded OpenWrench?

OpenWrench was founded by Matt Velker.

Who is the CEO of OpenWrench?

The CEO of OpenWrench is Matt Velker.

How much funding does OpenWrench have?

OpenWrench is bootstrapped and has not raised outside funding.

How many employees does OpenWrench have?

OpenWrench has 11 employees.

Where is OpenWrench headquarters?

OpenWrench is headquartered in San Francisco, California, United States.

Compare OpenWrench to the industry

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

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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OpenWrench Revenue 2024: $1.7M Est. ARR (Bootstrapped)