Placetel
Koln, Nordrhein-westfalen, Germany
Valuation
$4.5M
2021 Revenue
$1.5M
Funding
$0
Team
19
Founded
2007
How Placetel CEO Peter Nowack grew to $1.5M revenue with a 19 person team in 2021.
Provider of cloud-telephone services. The company provides business customers with a virtual phone system with no monthly fixed costs, offering a basic free package and several subscription packages with enhanced services.
Last updated
Placetel Revenue
In 2021, Placetel's revenue reached $1.5M. Since its launch in 2007, Placetel has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Placetel Hit $1.5m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
Placetel Valuation, Funding Rounds
Placetel's most recent disclosed valuation is $4.5M.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Peter Nowack
CEO
Peter Nowack has been involved over 25 years in telecommunications. In addition, he possess extensive experience in all aspects of business start-ups due to having founded three highly innovative communication companies in the past 15 years. His first venture had been successfully sold to a leading Fortune 500 Company while finocom AG was acquired by Broadsoft Inc in December 2013. After earning his Masters Degree in Engineering, Peter Nowack began his career in Key Account Management within the Deutsche Telekom organisation. His quick rise within the company due to his outstanding track record led him to build and operate the sales and marketing team for Deutsche Telekom’s Southeast Asia offices in Hong Kong and Singapore. Upon his return to Germany in 1997, he was appointed to key strategic executive positions to influence P&L and build and manage value-add products, services and teams to differentiate Deutsche Telekom from competitors, preparing it for the exciting future of IP-based voice and data technology. Peter Nowack is a notable key speaker at leading telecommunication and IT management events around the world.
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 Placetel yet.
Placetel Employees & Team Size
Placetel employs approximately 19 people as of 2026, including 4 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2021 | Reached 19 employees (April 2021) |
Frequently Asked Questions about Placetel
What is Placetel's revenue?
Placetel generates $1.5M in revenue.
Who founded Placetel?
Placetel was founded by Peter Nowack.
Who is the CEO of Placetel?
The CEO of Placetel is Peter Nowack.
How much funding does Placetel have?
Placetel raised $0.
How many employees does Placetel have?
Placetel has 19 employees.
Where is Placetel headquarters?
Placetel is headquartered in Koln, Nordrhein-westfalen, Germany.
Compare Placetel to the industry
Placetel operates across multiple industries. Browse revenue, funding, and growth data for Placetel 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.
Claim this profilePeople Also Viewed
Norbert
Hi there! My name is Norbert and I've been helping world leading companies with their email outreach strategy. Not only I found anyone's email address, I also enrich data with your prospects avatar, social networks, company, or even location! Bye-bye plain, tasteless emails, I give you tons of information about your prospects that will help you to convert it like crazy! I'll do my best for you, sir. You have my word.
Syndeo.cx
Developer of a conversational platform intended to communicate with customers in the right place, at the right time. The company's platform is an intelligent virtual assistant that qualifies leads, communicates with customers and improves customer service, enabling clients to help improve their sales performance while reducing their office running costs.
VIAR
Developer of a cloud-based content management system designed to to create interactive virtual reality experiences from 360 photographs and videos. The company's cloud-based content management system help businesses to begin using virtual reality as a business tool by reducing the time, effort, and knowledge required to create interactive virtual reality experiences from 360 photographs and videos and features a drag-and-drop interface, enabling non-technical creative departments in enterprises to create VR stories that include interactive elements using hotspots before publishing to mobile apps, websites, email or social platforms.
TeskaLabs
Developer of cloud-based security products designed to provide Mobile and IoT Application security. The company's cloud-based security platform provides grade level security services for IT infrastructure and other digital assets and prevent hackers from attacking business and stealing sensitive information, providing businesses protection against cyber threats connected with data.
SmartGames
Provider of children's edutainment media services intended to license, produce and distribute kids' IP in the Greater China Region. The company's wide-range of licensing agreements with US/European children's brands and distribution partnerships enable parents to have a trusted source of excellent, educational and fun videos, apps and merchandise for young children.
StaTwig
Developer of a blockchain-based supply chain platform intended to provide real-time tamper-proof end-to-end tracking. The company's platform provides real-time tracking and visibility of the life journey of a product, including geographical location, changes in temperature, along with all of the transactions, contracts and payments associated with the product as it moves through the supply chain, enabling clients to trace products from manufacturer to customer by using loT and other emerging technologies.
