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How Paymo CEO Jan Lukacs grew Paymo to $1.9M revenue and 4K customers in 2025.

Paymo - Project Management, Time Tracking & Invoicing. In the past years we've noticed a strong move among businesses to cloud services and the great advantages they bring. However as this move is happening at an accelerated pace we've also noticed a couple of new problems that businesses face daily. Nowadays small businesses end up using a suite of specialized online apps that usually don't talk to each-other or, if they do, they do it poorly. This is one of the main problems Paymo addresses: to ensure your projects move forward. We also wanted to make sure that we offer a full range of features, which will allow you to mange projects from start to finish: - Task Management - Time Tracking & Timesheet Reporting - Team Collaboration & Communication - Resource Scheduling - Invoicing - Gantt Charts - Desktop & Mobile companion apps

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Paymo Revenue

In 2025, Paymo's revenue reached $1.9M. The company previously reported $5.5M in 2024. Since its launch in 2008, Paymo has shown consistent revenue growth.

Paymo Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2008201020122014201620182020202220242025$0$1M$2MSource: GetLatka.com
YearMilestone
2025Paymo Hit $1.9m revenue in December 2025
2024Paymo Hit $5.5m revenue in June 2024
2017Paymo Hit $1.2m revenue in September 2017
2008Launched with $0 revenue

Paymo Valuation, Funding Rounds

Paymo's most recent disclosed valuation is $3.6M.

Paymo is a bootstrapped Kanban Project Management Software startup. Founded in 2008, Paymo has grown to $1.9M in revenue without raising any venture capital or outside funding.

As a self-funded Kanban Project Management Software SaaS company, Paymo has built its business with no outside investment.

Paymo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120082008 cumulative: $0 • 2008 Founded: $02008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Paymo Employees & Team Size

Paymo employs approximately 17 people as of 2026, up from 13 in 2024.

Paymo has 17 total employees in different roles and functions. They have 4K customers that rely on the company's solutions.

Paymo Team GrowthReported headcount over time048121620200820102012201420162018202020222024202500131313131717Source: GetLatka.com
YearMilestone
2025Reached 17 employees (December 2025)
2024Reached 13 employees (October 2024)
2017Reached 13 employees (September 2017)

Founder / CEO

Jan Lukacs

Jan Lukacs is the co-founder and CEO of Paymo. He is an entrepreneur and a web technology enthusiast. Previously, he was the co-founder of a web development agency doing consulting for various projects for clients around the world.

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Customers

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Frequently Asked Questions about Paymo

What is Paymo's revenue?

Paymo generates $1.9M in revenue.

Who founded Paymo?

Paymo was founded by Jan Lukacs.

Who is the CEO of Paymo?

The CEO of Paymo is Jan Lukacs.

How much funding does Paymo have?

Paymo raised $0.

How many employees does Paymo have?

Paymo has 17 employees.

Where is Paymo headquarters?

Paymo is headquartered in Oradea, Bihor, Romania.

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Compare Paymo to the industry

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