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2024 Revenue

$3.2M

Funding

$0

YOY

10.1%

Team

29

Founded

2010

How SatADSL CEO Thierry Eltges grew to $3.2M revenue with a 29 person team in 2024.

Provider of secured satellite connectivity services intended for enterprise networks over West, Central and Southern Africa. The company's services offer professional VSAT and secure private networks via satellite with flexible subscriptions, state-of-the-art equipment and an attractive price-setting, enabling clients to to improve the quality of life and support economic development across Africa with low-cost technologies.

Last updated

SatADSL Revenue

In 2024, SatADSL's revenue reached $3.2M. The company previously reported $2.9M in 2023. Since its launch in 2010, SatADSL has shown consistent revenue growth.

SatADSL Revenue GrowthReported revenue / ARR over time$0$750K$2M$2M$3M$4M20102012201420162018202020222024$0$2M$3M$3MSource: GetLatka.com
YearMilestoneQuote
2024SatADSL Hit $3.2m revenue in October 2024
2023SatADSL Hit $2.9m revenue in December 2023
2021SatADSL Hit $1.7m revenue in April 2021
2010Launched with $0 revenue

SatADSL Valuation, Funding Rounds

SatADSL is a bootstrapped SaaS startup. Founded in 2010, SatADSL has grown to $3.2M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, SatADSL has built its business with no outside investment.

SatADSL 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$12010Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Thierry Eltges

CEO

Thierry Eltges CEO SatADSL - Sea&Space Exploration

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Customers

We do not have customer count information for SatADSL yet.

SatADSL Employees & Team Size

SatADSL employs approximately 29 people as of 2026, including 1 sales reps that carry a quota.

SatADSL Team GrowthReported headcount over time081523303820102012201420162018202020222024002929Source: GetLatka.com
YearMilestone
2024Reached 29 employees (October 2024)
2023Reached 29 employees (December 2023)
2022Reached 25 employees (December 2022)
2021Reached 21 employees (December 2021)
2021Reached 21 employees (April 2021)

Frequently Asked Questions about SatADSL

What is SatADSL's revenue?

SatADSL generates $3.2M in revenue.

Who founded SatADSL?

SatADSL was founded by Thierry Eltges.

Who is the CEO of SatADSL?

The CEO of SatADSL is Thierry Eltges.

How much funding does SatADSL have?

SatADSL raised $0.

How many employees does SatADSL have?

SatADSL has 29 employees.

Where is SatADSL headquarters?

SatADSL is headquartered in Auderghem, Belgium.

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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SatADSL Revenue 2024: $3.2M ARR (Bootstrapped)