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Valuation

$2.1M

2024 Revenue

$691K

Funding

$0

YOY

26.5%

Team

12

Founded

2013

How Setmetrics CEO Matt Connolly grew to $691K revenue with a 12 person team in 2024.

Developer of a proprietary SaaS-based engineering platform designed to improve the value of any non-residential building or building portfolio. The platform runs engineering-grade simulation and optimizations, enabling the end-to-end refurbishment process of a building to be digitized, which is a major improvement on existing methods.

Last updated

Setmetrics Revenue

In 2024, Setmetrics's revenue reached $691K. The company previously reported $546.2K in 2023. Since its launch in 2013, Setmetrics has shown consistent revenue growth.

Setmetrics Revenue GrowthReported revenue / ARR over time$0$150K$300K$450K$600K$750K2013201520172019202120232024$0$418K$691KSource: GetLatka.com
YearMilestoneQuote
2024Setmetrics Hit $691k revenue in October 2024
2023Setmetrics Hit $546.2k revenue in December 2023
2021Setmetrics Hit $417.6k revenue in April 2021
2013Launched with $0 revenue

Setmetrics Valuation, Funding Rounds

Setmetrics's most recent disclosed valuation is $2.1M.

Setmetrics is a bootstrapped Construction Software startup. Founded in 2013, Setmetrics has grown to $691K in revenue without raising any venture capital or outside funding.

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

Setmetrics 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$12013Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Matt Connolly

Matt Connolly is listed as Founder / CEO at Setmetrics.

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Customers

We do not have customer count information for Setmetrics yet.

Setmetrics Employees & Team Size

Setmetrics employs approximately 12 people as of 2026.

Setmetrics Team GrowthReported headcount over time036912152013201520172019202120232024001212Source: GetLatka.com
YearMilestone
2024Reached 12 employees (October 2024)
2023Reached 12 employees (December 2023)
2022Reached 12 employees (December 2022)
2021Reached 11 employees (December 2021)
2021Reached 5 employees (April 2021)

Frequently Asked Questions about Setmetrics

What is Setmetrics's revenue?

Setmetrics generates $691K in revenue.

Who founded Setmetrics?

Setmetrics was founded by Matt Connolly.

Who is the CEO of Setmetrics?

The CEO of Setmetrics is Matt Connolly.

How much funding does Setmetrics have?

Setmetrics raised $0.

How many employees does Setmetrics have?

Setmetrics has 12 employees.

Where is Setmetrics headquarters?

Setmetrics is headquartered in Melbourne, Victoria, Australia.

Compare Setmetrics to the industry

Setmetrics operates across multiple industries. Browse revenue, funding, and growth data for Setmetrics 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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