Phobio
2024 Revenue
$10.7M
Funding
$0
YOY
48.9%
Team
46
Founded
2009
How Phobio CEO Stephen Wakeling grew Phobio to $10.7M revenue with a 46 person team in 2024.
Provider of software development services intended to empower the retailers in easing the process. The company's software includes Safetrade which is a handset trade-in program and Rodio which offers a retail communications platform, enabling retailers to handle all aspects of device trade-in and increase customer engagement.
Last updated
Phobio Revenue
In 2024, Phobio's revenue reached $10.7M. The company previously reported $7.2M in 2023. Since its launch in 2009, Phobio has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Phobio Hit $10.7m revenue in October 2024 |
| 2023 | Phobio Hit $7.2m revenue in October 2023 |
| 2021 | Phobio Hit $8m revenue in April 2021 |
| 2009 | Launched with $0 revenue |
Phobio Valuation, Funding Rounds
Phobio is a bootstrapped Application Development Software startup. Founded in 2009, Phobio has grown to $10.7M in revenue without raising any venture capital or outside funding.
As a self-funded Application Development Software SaaS company, Phobio has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Phobio Employees & Team Size
Phobio employs approximately 46 people as of 2026, up from 44 in 2023.
Phobio has 46 total employees in different roles and functions and 7 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 46 employees (December 2024) |
| 2024 | Reached 44 employees (October 2024) |
| 2023 | Reached 44 employees (October 2023) |
| 2023 | Reached 44 employees (September 2023) |
| 2023 | Reached 43 employees (January 2023) |
| 2022 | Reached 42 employees (October 2022) |
| 2022 | Reached 51 employees (January 2022) |
| 2021 | Reached 59 employees (December 2021) |
| 2021 | Reached 63 employees (August 2021) |
| 2021 | Reached 95 employees (April 2021) |
Founder / CEO
Stephen Wakeling
Stephen Wakeling is an entrepreneur with a track record of developing disruptive, experience oriented technology-powered services. Phobio (founded 2010) builds and markets premier software powered services for electronics retailers. Phobio’s software and services power trade-in programs for Apple and Costco. Stephen is a journalist by education and a technologist at heart. He thrives on start-up culture and enjoys working as a mentor with early stage entrepreneurs through his work with Central MIchigan University and various boards. Stephen is an avid pilot and lives with his wife and sons in Atlanta.
Q&A
| Question | Answer |
|---|---|
| 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 Phobio yet.
Frequently Asked Questions about Phobio
What is Phobio's revenue?
Phobio generates $10.7M in revenue.
Who founded Phobio?
Phobio was founded by Stephen Wakeling.
Who is the CEO of Phobio?
The CEO of Phobio is Stephen Wakeling.
How much funding does Phobio have?
Phobio raised $0.
How many employees does Phobio have?
Phobio has 46 employees.
Where is Phobio headquarters?
Phobio is headquartered in Atlanta, Georgia, United States.
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Compare Phobio to the industry
Phobio operates across multiple industries. Browse revenue, funding, and growth data for Phobio 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 .