Latka logo

How Railmonitor CEO Thorvald Horup grew Railmonitor to $437.3K revenue with a 9 person team in 2024.

Provider of a cloud-based railway traffic monitoring platform. The company's cloud-based platform stores, tracks, organizes and monitors railway traffic data for forecasting traffic conditions to help passengers receive updates about railway timings, emergency cancellations and similar transport related issues.

Last updated

Railmonitor Revenue

In 2024, Railmonitor's revenue reached $437.3K. The company previously reported $321.2K in 2023. Since its launch in 2015, Railmonitor has shown consistent revenue growth.

Railmonitor Revenue GrowthReported revenue / ARR by year$0$100K$200K$300K$400K$500K201520172019202120232024$0$326K$321K$437KSource: GetLatka.com
YearMilestone
2024Railmonitor Hit $437.3k revenue in October 2024
2023Railmonitor Hit $321.2k revenue in December 2023
2021Railmonitor Hit $326.4k revenue in April 2021
2015Launched with $0 revenue

Railmonitor Valuation, Funding Rounds

Railmonitor's most recent disclosed valuation is $1.3M.

Railmonitor is a bootstrapped Predictive Analytics Software startup. Founded in 2015, Railmonitor has grown to $437.3K in revenue without raising any venture capital or outside funding.

As a self-funded Predictive Analytics Software SaaS company, Railmonitor has built its business with no outside investment.

Railmonitor Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120152015 cumulative: $0 • 2015 Founded: $02015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Railmonitor Employees & Team Size

Railmonitor employs approximately 9 people as of 2026.

Railmonitor has 9 total employees in different roles and functions and 1 sales reps that carry a quota.

Railmonitor Team GrowthReported headcount over time035810132015201720192021202320240099Source: GetLatka.com
YearMilestone
2024Reached 9 employees (October 2024)
2023Reached 9 employees (December 2023)
2022Reached 8 employees (December 2022)
2021Reached 11 employees (December 2021)
2021Reached 10 employees (April 2021)

Founder / CEO

Thorvald Horup

Thorvald Horup is listed as Founder / CEO at Railmonitor.

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 Railmonitor yet.

Frequently Asked Questions about Railmonitor

What is Railmonitor's revenue?

Railmonitor generates $437.3K in revenue.

Who founded Railmonitor?

Railmonitor was founded by Thorvald Horup.

Who is the CEO of Railmonitor?

The CEO of Railmonitor is Thorvald Horup.

How much funding does Railmonitor have?

Railmonitor raised $0.

How many employees does Railmonitor have?

Railmonitor has 9 employees.

Where is Railmonitor headquarters?

Railmonitor is headquartered in Hinnerup, Midtjylland, Denmark.

Compare Railmonitor to the industry

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

Railmonitor Revenue 2024: $437.3K ARR, $1.3M Valuation