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Valuation

$2.3M

2024 Revenue

$750.3K

Funding

$0

YOY

26.5%

Team

22

Founded

2007

How Paymo Time Tracking CEO Jan Lukacs grew to $750.3K revenue with a 22 person team in 2024.

Paymo is a provider of online project management, time tracking and invoicing services for freelancers and SMBs.Paymo LLC is privately-owned, based in Oradea - Romania. It's been available on the market since 2007 and grew into one of the leading free time tracking apps available online.It's the ideal solution for development teams, creative agencies, accountants, consultants, non-profits and teams that need to track time, manage projects and easily create invoices based on their time-sheets. Paymo is available on a variety of platforms (Web, Desktop apps & widget, iOS & Android).

Last updated

Paymo Time Tracking Revenue

In 2024, Paymo Time Tracking's revenue reached $750.3K. The company previously reported $593.1K in 2023. Since its launch in 2007, Paymo Time Tracking has shown consistent revenue growth.

Paymo Time Tracking Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K2007200920112013201520172019202120232024$0$515K$750KSource: GetLatka.com
YearMilestoneQuote
2024Paymo Time Tracking Hit $750.3k revenue in October 2024
2023Paymo Time Tracking Hit $593.1k revenue in October 2023
2021Paymo Time Tracking Hit $514.8k revenue in April 2021
2007Launched with $0 revenue

Paymo Time Tracking Valuation, Funding Rounds

Paymo Time Tracking's most recent disclosed valuation is $2.3M.

Paymo Time Tracking is a bootstrapped Team Collaboration Software startup. Founded in 2007, Paymo Time Tracking has grown to $750.3K in revenue without raising any venture capital or outside funding.

As a self-funded Team Collaboration Software SaaS company, Paymo Time Tracking has built its business with no outside investment.

Paymo Time Tracking 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$12007Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Jan Lukacs

Jan Lukacs is listed as Founder / CEO at Paymo Time Tracking.

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Customers

We do not have customer count information for Paymo Time Tracking yet.

Paymo Time Tracking Employees & Team Size

Paymo Time Tracking employs approximately 22 people as of 2026.

Paymo Time Tracking Team GrowthReported headcount over time05101520252007200920112013201520172019202120232024002222Source: GetLatka.com
YearMilestone
2024Reached 22 employees (October 2024)
2023Reached 22 employees (October 2023)
2022Reached 23 employees (October 2022)
2021Reached 23 employees (December 2021)
2021Reached 8 employees (April 2021)

Frequently Asked Questions about Paymo Time Tracking

What is Paymo Time Tracking's revenue?

Paymo Time Tracking generates $750.3K in revenue.

Who founded Paymo Time Tracking?

Paymo Time Tracking was founded by Jan Lukacs.

Who is the CEO of Paymo Time Tracking?

The CEO of Paymo Time Tracking is Jan Lukacs.

How much funding does Paymo Time Tracking have?

Paymo Time Tracking raised $0.

How many employees does Paymo Time Tracking have?

Paymo Time Tracking has 22 employees.

Where is Paymo Time Tracking headquarters?

Paymo Time Tracking is headquartered in Oradea, Romania.

Compare Paymo Time Tracking to the industry

Paymo Time Tracking operates across multiple industries. Browse revenue, funding, and growth data for Paymo Time Tracking 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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Paymo Time Tracking Revenue 2024: $750.3K ARR (Bootstrapped)