Placetel
Koln, Nordrhein-westfalen, Germany
Valuation
$4.5M
2021 Revenue
$1.5M
Funding
$0
Team
19
Founded
2007
Placetel Revenue & Valuation (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 | Source |
|---|---|---|
| 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 | Source |
|---|
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 | Source |
|---|---|---|
| 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.
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