Valuation · 2017
$50M
2024 Revenue
$21.3M(Est.)
Funding
$4.7M
Team
30
Founded
2016
PowerBuy Revenue, Valuation & Funding (2024)
PowerBuy generated an estimated $21.3M in annual revenue in 2024. Source: GetLatka estimate
Social Commerce as a Service (B2B & B2C)
Last updated
PowerBuy Revenue
In 2024, PowerBuy's revenue reached $21.3M. The company previously reported $2.9M in 2019.
| Year | Milestone | Source |
|---|---|---|
| 2024 | PowerBuy Hit $21.3m revenue in June 2024 | Estimated |
| 2019 | PowerBuy Hit $2.9m revenue in January 2019 | Not recorded |
| 2016 | Launched with $0 revenue |
PowerBuy Valuation, Funding Rounds
PowerBuy reached a $50M valuation in 2017, set during its Seed round.
PowerBuy has raised $4.7M in total funding across 4 rounds, most recently a $1M Venture round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Venture | $1M | - | - | Not recorded |
| 2018 | Angel | $1.5M | - | - | Not recorded |
| 2018 | Angel | $1.2M | - | - | Not recorded |
| 2017 | Seed | $1M | $50M | 2% | Not recorded |
Founder / CEO
Bruce Watanabe
CEO
Bruce Watanabe is a serial entrepreneur whom has co-founded a number of technology and Internet ventures including, PowerBuy, MassGenie, SIRE Mobile (SMS Solutions), and SETA International (Global Systems Integrator & Solution Provider).
PowerBuy Employees & Team Size
PowerBuy employs approximately 30 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 30 employees (October 2024) | Not recorded |
| 2019 | Reached 30 employees (January 2019) | Not recorded |
Frequently Asked Questions about PowerBuy
What is PowerBuy's revenue?
As of 2024, PowerBuy generated an estimated $21.3M in annual revenue.
What is PowerBuy's valuation?
As of 2017, PowerBuy was valued at $50M.
Who founded PowerBuy?
PowerBuy was founded by Bruce Watanabe.
When was PowerBuy founded?
PowerBuy was founded in 2016.
Who is the CEO of PowerBuy?
The CEO of PowerBuy is Bruce Watanabe.
How much funding does PowerBuy have?
PowerBuy raised $4.7M across 4 rounds.
How many employees does PowerBuy have?
As of 2024, PowerBuy had 30 employees.
Where is PowerBuy headquartered?
PowerBuy is headquartered in Irvine, California, United States.
Compare PowerBuy to the industry
PowerBuy operates across multiple industries. Browse revenue, funding, and growth data for PowerBuy 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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