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How SIMBA Chain CEO Joel Neidig grew to $2.1M revenue with a 35 person team in 2021.

Developer of a cloud-based, blockchain-as-a-service (BaaS) platform designed to deploy blockchain apps for iOS, Android, and the web. The company's platform offers a secure, direct connection between users and providers, eliminating third parties, enabling users across a variety of skill sets to implement decentralized applications.

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SIMBA Chain Revenue

In 2021, SIMBA Chain's revenue reached $2.1M. Since its launch in 2017, SIMBA Chain has shown consistent revenue growth.

SIMBA Chain Revenue GrowthReported revenue / ARR over time$0$500K$1M$2M$2M$3M20172018201920202021$0$2MSource: GetLatka.com
YearMilestoneQuote
2021SIMBA Chain Hit $2.1m revenue in January 2021
2017Launched with $0 revenue

SIMBA Chain Valuation, Funding Rounds

SIMBA Chain's most recent disclosed valuation is $6.3M.

SIMBA Chain is a bootstrapped Blockchain as a Service Providers startup. Founded in 2017, SIMBA Chain has grown to $2.1M in revenue without raising any venture capital or outside funding.

As a self-funded Blockchain as a Service Providers SaaS company, SIMBA Chain has built its business with no outside investment.

SIMBA Chain 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$12017Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Joel Neidig

Joel Neidig is a serial entrepreneur has a bachelor s degree in operations management and has had 15 years of experience integrating manufacturing technology and software development. Neidig sits on the Technical Advisory Group for MTConnect an open-source royalty-free standard that is intended to foster greater interoperability between devices and software applications. He has been an active member of MTConnect since 2009. Neidig developed the first iOS and Android-compatible MTConnect apps and has developed over 65 manufacturing apps for the App Store and Google Play which have been downloaded over half a million times. Neidig also sits on the Technical Advisory Committee for the Digital Manufacturing and Design Innovation Institutenow called MxD a federally-funded research and development organization encourages factories across America to deploy digital manufacturing and design technologies. His company was voted the 2014 Autodesk Inventor of the Year by the Autodesk Community. He has been named as a manufacturing Thought Leader by IMTS Insider. Neidig won second place in the MTConnect Challenge at the 2014 MC2 Conference for his application Expanding Manufacturing s Vision MTConnect Google Glass sponsored by the NCDMM and the Office of the Secretary of Defense. Neidig and his company were awarded a project from America Makes Led by the University of Pittsburgh in conjunction with Johnson Johnson ITAMCO and the University of Notre Dame the project developed parametric designs of functional support structures for metal alloy feedstocks for 3D Printing it was then licensed to a startup Atlas 3D that Joel Co-founded and was CTO later acquired by Siemens. He has previously been the manufacturing keynote speaker at Autodesk University. Neidig was the recipient of SME s 2015 Outstanding Young Manufacturing Engineer of the Year Award the award is named in honor of a specific individual who has made lifelong contributions to manufacturing and recognizes exceptional contributions and accomplishments in the manufacturing industry. Joel is also a guest technology speaker at the White House.

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Customers

We do not have customer count information for SIMBA Chain yet.

SIMBA Chain Employees & Team Size

SIMBA Chain employs approximately 35 people as of 2026, including 3 sales reps that carry a quota.

SIMBA Chain Team GrowthReported headcount over time081523303820172018201920202021003535Source: GetLatka.com
YearMilestone
2021Reached 35 employees (January 2021)

Frequently Asked Questions about SIMBA Chain

What is SIMBA Chain's revenue?

SIMBA Chain generates $2.1M in revenue.

Who founded SIMBA Chain?

SIMBA Chain was founded by Joel Neidig.

Who is the CEO of SIMBA Chain?

The CEO of SIMBA Chain is Joel Neidig.

How much funding does SIMBA Chain have?

SIMBA Chain raised $0.

How many employees does SIMBA Chain have?

SIMBA Chain has 35 employees.

Where is SIMBA Chain headquarters?

SIMBA Chain is headquartered in Plymouth, Indiana, United States.

Compare SIMBA Chain to the industry

SIMBA Chain operates across multiple industries. Browse revenue, funding, and growth data for SIMBA Chain 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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SIMBA Chain Revenue 2021: $2.1M ARR, $6.3M Valuation