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2024 Revenue

$1.5M

Funding

$0

YOY

65.5%

Team

25

Founded

2016

How Schwarm Technologies Inc. CEO Ben Ibata grew to $1.5M revenue with a 25 person team in 2024.

Swarm Technologies is a satellite communications company that provides low-cost global connectivity for Internet of Things (IoT) devices.

Last updated

Schwarm Technologies Inc. Revenue

In 2024, Schwarm Technologies Inc.'s revenue reached $1.5M. The company previously reported $919.8K in 2023. Since its launch in 2016, Schwarm Technologies Inc. has shown consistent revenue growth.

Schwarm Technologies Inc. Revenue GrowthReported revenue / ARR over time$0$400K$800K$1.2M$1.6M201620172018201920202021202220232024$0$521.4K$919.8K$1.5MSource: GetLatka.com
YearMilestoneQuote
2024Schwarm Technologies Inc. Hit $1.5m revenue in October 2024
2023Schwarm Technologies Inc. Hit $919.8k revenue in December 2023
2021Schwarm Technologies Inc. Hit $521.4k revenue in April 2021
2016Launched with $0 revenue

Schwarm Technologies Inc. Valuation, Funding Rounds

Schwarm Technologies Inc. is a bootstrapped IoT Connectivity Management Software startup. Founded in 2016, Schwarm Technologies Inc. has grown to $1.5M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Connectivity Management Software SaaS company, Schwarm Technologies Inc. has built its business with no outside investment.

Schwarm Technologies Inc. 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$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ben Ibata

CEO

Ben Ibata is listed as CEO at Schwarm Technologies Inc..

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Customers

We do not have customer count information for Schwarm Technologies Inc. yet.

Schwarm Technologies Inc. Employees & Team Size

Schwarm Technologies Inc. employs approximately 25 people as of 2026, including 3 sales reps that carry a quota.

Schwarm Technologies Inc. Team GrowthReported headcount over time0612182430201620172018201920202021202220232024002525Source: GetLatka.com
YearMilestone
2024Reached 25 employees (October 2024)
2023Reached 25 employees (December 2023)
2022Reached 24 employees (December 2022)
2021Reached 17 employees (December 2021)
2021Reached 12 employees (April 2021)

Frequently Asked Questions about Schwarm Technologies Inc.

What is Schwarm Technologies Inc.'s revenue?

Schwarm Technologies Inc. generates an estimated $1.5M in annual revenue.

Who founded Schwarm Technologies Inc.?

Schwarm Technologies Inc. was founded by Ben Ibata.

Who is the CEO of Schwarm Technologies Inc.?

The CEO of Schwarm Technologies Inc. is Ben Ibata.

How much funding does Schwarm Technologies Inc. have?

Schwarm Technologies Inc. is bootstrapped and has not raised outside funding.

How many employees does Schwarm Technologies Inc. have?

Schwarm Technologies Inc. has 25 employees.

Where is Schwarm Technologies Inc. headquarters?

Schwarm Technologies Inc. is headquartered in San Francisco, California, United States.

Compare Schwarm Technologies Inc. to the industry

Schwarm Technologies Inc. operates across multiple industries. Browse revenue, funding, and growth data for Schwarm Technologies Inc. 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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Schwarm Technologies Inc. Revenue 2024: $1.5M ARR