Valuation
$50M
2024 Revenue
$21.3M(Est.)
Funding
$4.7M
Team
30
Founded
2016
How PowerBuy CEO Bruce Watanabe grew to $21.3M revenue with a 30 person team in 2024.
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. Since its launch in 2016, PowerBuy has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | PowerBuy Hit $21.3m revenue in June 2024 | Estimated |
| 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 | Source |
|---|---|---|---|---|---|
| 2019 | Venture Round | $1M | - | - | |
| 2018 | Angel Round | $1.5M | - | - | |
| 2018 | Angel Round | $1.2M | - | - | |
| 2017 | Seed Round | $1M | $50M | 2% |
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).
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.
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) | |
| 2019 | Reached 30 employees (January 2019) |
Frequently Asked Questions about PowerBuy
What is PowerBuy's revenue?
PowerBuy generates an estimated $21.3M in annual 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 across 4 rounds.
How many employees does PowerBuy have?
PowerBuy has 30 employees.
Where is PowerBuy headquarters?
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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