2024 Revenue
$26.7M
Customers
150
Funding
$0
YOY
47.9%
Avg ACV
$178K
Team
198
Founded
2004
How Rigel Networks CEO Bhairav Patel grew Rigel Networks to $26.7M revenue and 150 customers in 2024.
The company primarily operates in the Application Software industry. Rigel Networks is headquartered in Newport Beach, CA.
Last updated
Rigel Networks Revenue
In 2024, Rigel Networks's revenue reached $26.7M. The company previously reported $30.8M in 2024. Since its launch in 2004, Rigel Networks has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Rigel Networks Hit $26.7m revenue in November 2024Source | |
| 2024 | Rigel Networks Hit $30.8m revenue in October 2024 | |
| 2023 | Rigel Networks Hit $20.8m revenue in December 2023 | |
| 2021 | Rigel Networks Hit $15.2m revenue in April 2021 | |
| 2004 | Launched with $0 revenue |
Rigel Networks Valuation, Funding Rounds
Rigel Networks is a bootstrapped SaaS startup. Founded in 2004, Rigel Networks has grown to $26.7M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Rigel Networks has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Rigel Networks Employees & Team Size
Rigel Networks employs approximately 198 people as of 2026, down from 220 in 2023.
Rigel Networks has 198 total employees in different roles and functions and 6 sales reps that carry a quota. They have 150 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 198 employees (December 2024) |
| 2024 | Reached 220 employees (October 2024) |
| 2023 | Reached 220 employees (December 2023) |
| 2022 | Reached 195 employees (December 2022) |
| 2021 | Reached 193 employees (December 2021) |
| 2021 | Reached 181 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Rigel Networks acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Rigel Networks
What is Rigel Networks's revenue?
Rigel Networks generates $26.7M in revenue.
Who founded Rigel Networks?
Rigel Networks was founded by Bhairav Patel.
Who is the CEO of Rigel Networks?
The CEO of Rigel Networks is Bhairav Patel.
How much funding does Rigel Networks have?
Rigel Networks raised $0.
How many employees does Rigel Networks have?
Rigel Networks has 198 employees.
Where is Rigel Networks headquarters?
Rigel Networks is headquartered in Vadodara, Gujarat, India.
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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 .
Data Disclaimer
All figures on this page are GetLatka estimates from public sources and proprietary models. They are not verified by the company.
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