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2023 Revenue

$1.4M

Customers

1K

Funding

$0

Avg ACV

$1.4K

Team · 2024

40

Founded

2017

How Releaf CEO Kenna Nzewi grew to $1.4M revenue and 1K customers in 2023.

Selling quality crops to African food factories using novel hardware.

Last updated

Releaf Revenue

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 Revenue GrowthReported revenue / ARR over time$0$300K$600K$900K$1.2M$1.5M2017201820192020202120222023$0$66.7K$800K$1.1M$1.4MSource: GetLatka.com
YearMilestoneQuote
2023Releaf Hit $1.4m revenue in November 2023
2022Releaf Hit $1.1m revenue in November 2022
2021Releaf Hit $800k revenue in November 2021
2020Releaf Hit $66.7k revenue in December 2020
2017Launched with $0 revenue

Releaf Valuation, Funding Rounds

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.

Releaf Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12017Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Kenna Nzewi

CEO

Kenna Nzewi is listed as CEO at Releaf.

Q&A

QuestionAnswer
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Advice for 20 year old self-

Customers

Releaf serves 1K customers.

Releaf Employees & Team Size

Releaf employs approximately 40 people as of 2026, down from 43 in 2023. It serves 1K customers that rely on its solutions.

Releaf Team GrowthReported headcount over time02040608010020172018201920202021202220232024004040Source: GetLatka.com
YearMilestone
2024Reached 40 employees (October 2024)
2023Reached 43 employees (December 2023)
2023Reached 87 employees (November 2023)
2022Reached 51 employees (December 2022)
2022Reached 69 employees (November 2022)
2021Reached 50 employees (November 2021)
2021Reached 50 employees (January 2021)
2020Reached 38 employees (November 2020)

Frequently Asked Questions about Releaf

What is Releaf's revenue?

Releaf generates an estimated $1.4M in annual revenue.

Who founded Releaf?

Releaf was founded by Kenna Nzewi.

Who is the CEO of Releaf?

The CEO of Releaf is Kenna Nzewi.

How much funding does Releaf have?

Releaf is bootstrapped and has not raised outside funding.

How many employees does Releaf have?

Releaf has 40 employees.

Where is Releaf headquarters?

Releaf is headquartered in Nigeria.

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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