PowerBuy
Valuation
$50M
2024 Revenue
$21.3M
Funding
$4.7M
Team
30
Founded
2016
How PowerBuy CEO Bruce Watanabe grew PowerBuy to $21.3M revenue with a 30 person team in 2024.
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PowerBuy Revenue
In 2024, PowerBuy's revenue reached $21.3M. The company previously reported $2.9M in 2019. Since its launch in 2016, PowerBuy has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | PowerBuy Hit $21.3m revenue in June 2024 |
| 2019 | PowerBuy Hit $2.9m revenue in January 2019 |
| 2016 | Launched with $0 revenue |
PowerBuy Valuation, Funding Rounds
PowerBuy reached a $50M valuation in 2017, set during its Seed Round round.
PowerBuy has raised $4.7M in total funding across 4 rounds, most recently a $1M Venture Round round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Venture Round | $1M | - | - |
| 2018 | Angel Round | $1.5M | - | - |
| 2018 | Angel Round | $1.2M | - | - |
| 2017 | Seed Round | $1M | $50M | 2% |
PowerBuy Employees & Team Size
PowerBuy employs approximately 30 people as of 2026.
PowerBuy has 30 total employees in different roles and functions and 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 30 employees (October 2024) |
| 2019 | Reached 30 employees (January 2019) |
Founder / CEO
Bruce Watanabe
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).
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 PowerBuy yet.
Frequently Asked Questions about PowerBuy
What is PowerBuy's revenue?
PowerBuy generates $21.3M in revenue.
Who founded PowerBuy?
PowerBuy was founded by Bruce Watanabe.
Who is the CEO of PowerBuy?
The CEO of PowerBuy is Bruce Watanabe.
How much funding does PowerBuy have?
PowerBuy raised $4.7M.
How many employees does PowerBuy have?
PowerBuy has 30 employees.
Where is PowerBuy headquarters?
PowerBuy is headquartered in Irvine, California, United States.
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Compare PowerBuy to the industry
PowerBuy operates across multiple industries. Browse revenue, funding, and growth data for PowerBuy 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 .