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How Phase CEO Nick Budden grew Phase to $3.1M revenue with a 40 person team in 2024.

Developer of a design tool intended to prototype websites and applications intuitively. The company's platform is code-free enabling users to test there application and software with ease.

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Phase Revenue

In 2024, Phase's revenue reached $3.1M. The company previously reported $1.7M in 2023. Since its launch in 2017, Phase has shown consistent revenue growth.

Phase Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M20172018201920202021202220232024$0$717K$2M$3MSource: GetLatka.com
YearMilestone
2024Phase Hit $3.1m revenue in October 2024
2023Phase Hit $1.7m revenue in October 2023
2021Phase Hit $717.1k revenue in April 2021
2017Launched with $0 revenue

Phase Valuation, Funding Rounds

Phase is a bootstrapped Other Collaboration Software startup. Founded in 2017, Phase has grown to $3.1M in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, Phase has built its business with no outside investment.

Phase Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Phase Employees & Team Size

Phase employs approximately 40 people as of 2026.

Phase has 40 total employees in different roles and functions and 32 sales reps that carry a quota.

Phase Team GrowthReported headcount over time0102030405020172018201920202021202220232024004040Source: GetLatka.com
YearMilestone
2024Reached 40 employees (October 2024)
2023Reached 40 employees (October 2023)
2022Reached 22 employees (October 2022)
2021Reached 20 employees (December 2021)
2021Reached 9 employees (April 2021)

Founder / CEO

Nick Budden

Nick Budden is the Co-Founder and CEO at Phase. Additionally, Nick Budden has had 1 past job as the CEO at Vectr.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Phase yet.

Frequently Asked Questions about Phase

What is Phase's revenue?

Phase generates $3.1M in revenue.

Who founded Phase?

Phase was founded by Nick Budden.

Who is the CEO of Phase?

The CEO of Phase is Nick Budden.

How much funding does Phase have?

Phase raised $0.

How many employees does Phase have?

Phase has 40 employees.

Where is Phase headquarters?

Phase is headquartered in Berlin, Germany.

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Compare Phase to the industry

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

Phase Revenue 2024: $3.1M ARR (Bootstrapped)