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Purple Revenue & Funding (2024)

Purple generated an estimated $23.9M in annual revenue in 2024. Source: GetLatka estimate

Provider of cloud based WiFi services designed to turn insight into action. The company's services provide secure, content, filtered access to free WiFi for visitors, enabling retail, hospitality, and leisure sectors to track real time analytic of the users.

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Purple Revenue

In 2024, Purple's revenue reached $23.9M. The company previously reported $16.9M in 2023. Since its launch in 2012, Purple has shown consistent revenue growth.

Purple Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$6M$12M$18M$24M$30M2012201420162018202020222024$0$10.8M$23.9MSource: GetLatka.com
YearMilestoneSource
2024Purple Hit $23.9m revenue in October 2024Estimated
2023Purple Hit $16.9m revenue in December 2023Estimated
2021Purple Hit $10.8m revenue in April 2021Not recorded
2012Launched with $0 revenue

Purple Valuation, Funding Rounds

Purple has not publicly disclosed its valuation. The company has raised $16.2M in total funding to date.

Purple has raised $16.2M in total funding across 4 rounds, with its most recent round in 2016.

Purple Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M20122013201420152016Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2016Funding round$3.1M--Not recorded
2016Funding round$3.9M--Not recorded
2016Funding round$4.2M--Not recorded
2015Funding round$5M--Not recorded

Founder / CEO

Gavin Wheeldon

CEO

With over 15 years experience working in technology led or enabled businesses, Gavin has a deep understanding of the impact of technology on the bottom line of an organisation. Having sold his last business, Applied Language Solutions, a global language technology and services business, he set up So Purple Group with the prime focus on building an enterprise guest WiFi system that was end user friendly.

Q&A

QuestionAnswer
What's your age?43

Customers

We do not have customer count information for Purple yet.

Purple Employees & Team Size

Purple employs approximately 182 people as of 2026, up from 171 in 2023, including 255 sales reps that carry a quota. It serves 140M customers that rely on its solutions.

Purple Team GrowthReported headcount over time02505007501,0001,250201220142016201820202022202400182182Source: GetLatka.com
YearMilestoneSource
2024Reached 182 employees (December 2024)Not recorded
2024Reached 171 employees (October 2024)Not recorded
2023Reached 171 employees (December 2023)Not recorded
2023Reached 1.2K employees (September 2023)Not recorded
2023Reached 1.1K employees (January 2023)Not recorded
2022Reached 161 employees (December 2022)Not recorded
2022Reached 1.1K employees (January 2022)Not recorded
2021Reached 163 employees (December 2021)Not recorded
2021Reached 1K employees (August 2021)Not recorded
2021Reached 128 employees (April 2021)Not recorded

Frequently Asked Questions about Purple

What is Purple's revenue?

As of 2024, Purple generated an estimated $23.9M in annual revenue.

Who founded Purple?

Purple was founded by Gavin Wheeldon.

Who is the CEO of Purple?

The CEO of Purple is Gavin Wheeldon.

How much funding does Purple have?

Purple raised $16.2M across 4 rounds.

How many employees does Purple have?

As of 2024, Purple had 182 employees.

Where is Purple headquartered?

Purple is headquartered in Manchester, England, United Kingdom.

Compare Purple to the industry

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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