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Valuation

$2.1M

2022 Revenue

$700K

Customers

1K

Funding

$0

Avg ACV

$700

Team

20

Churn

20%

Founded

2020

How ShellVPN grew to $700K revenue and 1K customers in 2022.

VPN, Fast, Safe, The Global VPN Service

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ShellVPN Revenue

In 2022, ShellVPN's revenue reached $700K. The company previously reported $48K in 2020. Since its launch in 2020, ShellVPN has shown consistent revenue growth.

ShellVPN Revenue GrowthReported revenue / ARR over time$0$150K$300K$450K$600K$750K202020212022$48K$700KSource: GetLatka.com
YearMilestoneQuote
2022ShellVPN Hit $700k revenue in May 2022
2020ShellVPN Hit $48k revenue in January 2020
2020Launched with $0 revenue

ShellVPN Valuation, Funding Rounds

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

ShellVPN is a bootstrapped Business VPN Software startup. Founded in 2020, ShellVPN has grown to $700K in revenue without raising any venture capital or outside funding.

As a self-funded Business VPN Software SaaS company, ShellVPN has built its business with no outside investment.

ShellVPN 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$12020Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

We don't have ShellVPN's Founder / CEO on record yet.

Q&A

QuestionAnswer
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Customers

ShellVPN serves 1K customers.

ShellVPN Employees & Team Size

ShellVPN employs approximately 20 people as of 2026. It serves 1K customers that rely on its solutions.

ShellVPN Team GrowthReported headcount over time0510152025202020212022002020Source: GetLatka.com
YearMilestone
2022Reached 20 employees (May 2022)

Frequently Asked Questions about ShellVPN

What is ShellVPN's revenue?

ShellVPN generates $700K in revenue.

How much funding does ShellVPN have?

ShellVPN raised $0.

How many employees does ShellVPN have?

ShellVPN has 20 employees.

Where is ShellVPN headquarters?

ShellVPN is headquartered in Sheridan, Wyoming, United States.

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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ShellVPN Revenue 2022: $700K ARR, $2.1M Valuation