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2023 Revenue
Selling quality crops to African food factories using novel hardware.
Last updated
In 2023, Releaf's revenue reached $1.4M. The company previously reported $1.1M in 2022. Since its launch in 2017, Releaf has shown consistent revenue growth.
Releaf is a bootstrapped Other Supply & Logistics Software startup. Founded in 2017, Releaf has grown to $1.4M in revenue without raising any venture capital or outside funding.
As a self-funded Other Supply & Logistics Software SaaS company, Releaf has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
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| Question | Answer |
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| Favorite online tool? | - |
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Releaf serves 1K customers.
Releaf employs approximately 40 people as of 2026, down from 43 in 2023. It serves 1K customers that rely on its solutions.
Releaf generates an estimated $1.4M in annual revenue.
Releaf was founded by Kenna Nzewi.
The CEO of Releaf is Kenna Nzewi.
Releaf is bootstrapped and has not raised outside funding.
Releaf has 40 employees.
Releaf is headquartered in Nigeria.
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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$1.4M(Est.)
Customers
1K
Funding
$0
Avg ACV
$1.4K
Team · 2024
40
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2023 | Releaf Hit $1.4m revenue in November 2023 | Estimated |
| 2022 | Releaf Hit $1.1m revenue in November 2022 | |
| 2021 | Releaf Hit $800k revenue in November 2021 | |
| 2021 | Releaf Hit $800k revenue in January 2021 | |
| 2020 | Releaf Hit $66.7k revenue in December 2020 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 40 employees (October 2024) | |
| 2023 | Reached 43 employees (December 2023) | |
| 2023 | Reached 87 employees (November 2023) | |
| 2022 | Reached 51 employees (December 2022) | |
| 2022 | Reached 69 employees (November 2022) | |
| 2021 | Reached 50 employees (November 2021) | |
| 2021 | Reached 50 employees (January 2021) | |
| 2020 | Reached 38 employees (November 2020) |
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