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Valuation

$950M

2023 Revenue

$697.6M

Customers

2.7M

Funding

$296.1M

Avg ACV

$258

Team

501

Founded

2008

How Rubicon CEO Nate Morris grew to $697.6M revenue and 2.7M customers in 2023.

Rubicon Project provides an automated advertising platform that enables publishers and advertisers to buy and sell digital advertising inventory through real-time bidding. The platform uses advanced algorithms and data analytics to help businesses maximize their ad revenue and reach their target audiences more effectively.

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Rubicon Revenue

In 2023, Rubicon's revenue reached $697.6M. The company previously reported $675.4M in 2022. Since its launch in 2008, Rubicon has shown consistent revenue growth.

Rubicon Revenue GrowthReported revenue / ARR over time$0$150M$300M$450M$600M$750M200820102012201420162018202020222023$0$156M$698MSource: GetLatka.com
YearMilestoneQuote
2023Rubicon Hit $697.6m revenue in December 2023Source
2022Rubicon Hit $675.4m revenue in December 2022Source
2020Rubicon Hit $156.4m revenue in August 2020
2008Launched with $0 revenue

Rubicon Valuation, Funding Rounds

Rubicon reached a $950M valuation in 2017, set during its Series E round.

Rubicon has raised $296.1M in total funding across 8 rounds, most recently a $11.6M Series E round in 2018.

Rubicon Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$200M$75M$400M$150M$600M$225M$800M$300M$1B$375M200820102012201420162018$950MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2018Series E$11.6M--
2018Series E$65M--
2017Series E$50M$950M5%
2017Series D$74.4M$750M10%
2015Series C$57.1M$450M13%
2015Series B$32M--
2012Series A$5M--
2009Seed Round$1M--

Founder / CEO

Nate Morris

Nate Morris is listed as Founder / CEO at Rubicon.

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Customers

Rubicon serves 2.7M customers.

Rubicon Employees & Team Size

Rubicon employs approximately 501 people as of 2026, down from 581 in 2023, including 72 sales reps that carry a quota. It serves 2.7M customers that rely on its solutions.

Rubicon Team GrowthReported headcount over time0150300450600750200820102012201420162018202020222024202500501501Source: GetLatka.com
YearMilestone
2025Reached 501 employees (July 2025)
2023Reached 581 employees (July 2023)
2020Reached 614 employees (December 2020)
2020Reached 614 employees (August 2020)
2020Reached 636 employees (June 2020)
2019Reached 636 employees (December 2019)
2018Reached 621 employees (December 2018)

Frequently Asked Questions about Rubicon

What is Rubicon's revenue?

Rubicon generates $697.6M in revenue.

Who founded Rubicon?

Rubicon was founded by Nate Morris.

Who is the CEO of Rubicon?

The CEO of Rubicon is Nate Morris.

How much funding does Rubicon have?

Rubicon raised $296.1M.

How many employees does Rubicon have?

Rubicon has 501 employees.

Where is Rubicon headquarters?

Rubicon is headquartered in Lexington, Kentucky, United States.

Compare Rubicon to the industry

Rubicon operates across multiple industries. Browse revenue, funding, and growth data for Rubicon in each sector below.

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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