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How ReconArt CEO Hrosto Marintchev grew ReconArt to $10M revenue with a 53 person team in 2024.

Developer of a reconciliation software designed to facilitate transaction lifecycle management and manage all stages of the reconciliation process. The company's software is a cloud-based interface that tracks transactions across multiple systems and statuses, automatically updates transaction details, sends alerts and insight-based reports on transaction lifecycle events, stores and communicates tansactional data across multiple locations while tracking important reconciliation statistics, enabling accounting and finance teams to automatically update transaction details at the time of matching, as well as search across multiple accounts simultaneously, thereby simplifying the process when searching for information about a transaction.

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ReconArt Revenue

In 2024, ReconArt's revenue reached $10M. The company previously reported $3.3M in 2024. Since its launch in 2008, ReconArt has shown consistent revenue growth.

ReconArt Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M200820102012201420162018202020222024$0$1M$10MSource: GetLatka.com
YearMilestone
2024ReconArt Hit $10m revenue in November 2024
2024ReconArt Hit $3.3m revenue in October 2024
2023ReconArt Hit $1.8m revenue in December 2023
2021ReconArt Hit $1.5m revenue in April 2021
2008Launched with $0 revenue

ReconArt Valuation, Funding Rounds

ReconArt is a bootstrapped Accounting & Finance Software startup. Founded in 2008, ReconArt has grown to $10M in revenue without raising any venture capital or outside funding.

As a self-funded Accounting & Finance Software SaaS company, ReconArt has built its business with no outside investment.

ReconArt Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120082008 cumulative: $0 • 2008 Founded: $02008 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

ReconArt Employees & Team Size

ReconArt employs approximately 53 people as of 2026, up from 49 in 2023.

ReconArt has 53 total employees in different roles and functions.

ReconArt Team GrowthReported headcount over time01325385063200820102012201420162018202020222024005353Source: GetLatka.com
YearMilestone
2024Reached 53 employees (October 2024)
2023Reached 49 employees (December 2023)
2022Reached 49 employees (December 2022)
2021Reached 47 employees (December 2021)
2021Reached 48 employees (April 2021)

Founder / CEO

Hrosto Marintchev

Provide outstanding Financial Control Solutions to the Financial and Corporate markets via the ReconArt tool (www.ReconArt.com) Specialties: Financial analysis, modeling, control. Risk Management, Software development. Software solutions and deployment. Account control, Reconciliation, Certification, Reporting.

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Customers

We do not have customer count information for ReconArt yet.

Frequently Asked Questions about ReconArt

What is ReconArt's revenue?

ReconArt generates $10M in revenue.

Who founded ReconArt?

ReconArt was founded by Hrosto Marintchev.

Who is the CEO of ReconArt?

The CEO of ReconArt is Hrosto Marintchev.

How much funding does ReconArt have?

ReconArt raised $0.

How many employees does ReconArt have?

ReconArt has 53 employees.

Where is ReconArt headquarters?

ReconArt is headquartered in Alexandria, Virginia, United States.

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Compare ReconArt to the industry

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