Latka logo

How Rackbeat CEO Morten Baehrenz grew Rackbeat to $600.1K revenue with a 14 person team in 2021.

Rackbeat er et nyt lagserstyringsystem, udviklet til at sikre optimal lagerstyring baseret på de nyeste teknologier. Rackbeat understøtter avanceret lagerstyring, men er nemt og intuitivt at anvende. Vi gør lagerstyring nemmere, hurtigere og mere intelligent.

Last updated

Rackbeat Revenue

In 2021, Rackbeat's revenue reached $600.1K. Since its launch in 2017, Rackbeat has shown consistent revenue growth.

Rackbeat Revenue GrowthReported revenue / ARR by year$0$150K$300K$450K$600K$750K20172018201920202021$0$600KSource: GetLatka.com
YearMilestone
2021Rackbeat Hit $600.1k revenue in April 2021
2017Launched with $0 revenue

Rackbeat Valuation, Funding Rounds

Rackbeat's most recent disclosed valuation is $1.8M.

Rackbeat is a bootstrapped ERP Systems startup. Founded in 2017, Rackbeat has grown to $600.1K in revenue without raising any venture capital or outside funding.

As a self-funded ERP Systems SaaS company, Rackbeat has built its business with no outside investment.

Rackbeat Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Rackbeat Employees & Team Size

Rackbeat employs approximately 14 people as of 2026.

Rackbeat has 14 total employees in different roles and functions and 4 sales reps that carry a quota.

Rackbeat Team GrowthReported headcount over time0369121520172018201920202021001414Source: GetLatka.com
YearMilestone
2021Reached 14 employees (April 2021)

Founder / CEO

Morten Baehrenz

Morten Baehrenz is listed as Founder / CEO at Rackbeat.

Q&A

QuestionAnswer
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 Rackbeat yet.

Frequently Asked Questions about Rackbeat

What is Rackbeat's revenue?

Rackbeat generates $600.1K in revenue.

Who founded Rackbeat?

Rackbeat was founded by Morten Baehrenz.

Who is the CEO of Rackbeat?

The CEO of Rackbeat is Morten Baehrenz.

How much funding does Rackbeat have?

Rackbeat raised $0.

How many employees does Rackbeat have?

Rackbeat has 14 employees.

Where is Rackbeat headquarters?

Rackbeat is headquartered in Copenhagen, Hovedstaden, Denmark.

People Also Viewed

DoxyChain logo

DoxyChain

Next-generation blockchain document management system (DMS)

Treatstock logo

Treatstock

The company primarily operates in the Software industry. Treatstock was founded in 2016 and is headquartered in Newark, DE.

Webproof logo

Webproof

The company primarily operates in the Software industry. Webproof is headquartered in Miami, FL.

OpsVantage Digital logo

OpsVantage Digital

X-CITE S.A. logo

X-CITE S.A.

We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

PatentPal logo

PatentPal

PatentPal is a professional drafting tool for patent attorneys and agents. Our software automates the mechanical aspects of patent drafting so that you can save time and focus on higher-value aspects of your practice.

Compare Rackbeat to the industry

Rackbeat operates across multiple industries. Browse revenue, funding, and growth data for Rackbeat 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 .

Rackbeat Revenue 2021: $600.1K ARR, $1.8M Valuation