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Smart Energy Solutions through IoT
Last updated
In 2024, Simblegroup's revenue reached $13.1M. The company previously reported $3.7M in 2024. Since its launch in 2010, Simblegroup has shown consistent revenue growth.
Simblegroup is a bootstrapped IoT Platforms startup. Founded in 2010, Simblegroup has grown to $13.1M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Platforms SaaS company, Simblegroup has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Fadi is an engineer with over 25 years experience in enterprise software sales, consulting, and IT M&A. He is the founder of Acresta (now Simble) and has served as its CEO for the past nine years. Fadi has held senior management positions with SAP Australia and Accenture and is a Director of Sustainable Business Australia – Australia’s leading business think tank and advocacy group promoting commercial solutions to environmental challenges.
| Question | Answer |
|---|---|
| What's your age? | 56 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Simblegroup serves 500 customers.
Simblegroup employs approximately 19 people as of 2026. It serves 500 customers that rely on its solutions.
Simblegroup generates $13.1M in revenue.
Simblegroup was founded by Fadi Geha.
The CEO of Simblegroup is Fadi Geha.
Simblegroup is bootstrapped and has not raised outside funding.
Simblegroup has 19 employees.
Simblegroup is headquartered in Sydney, New South Wales, Australia.
Simblegroup operates across multiple industries. Browse revenue, funding, and growth data for Simblegroup in each sector below.
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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2024 Revenue
$13.1M
Customers
500
Funding
$0
Avg ACV
$26.2K
Team
19
Founded
2010
| Year | Milestone | Source |
|---|---|---|
| 2024 | Simblegroup Hit $13.1m revenue in November 2024 | zoominfo.com |
| 2024 | Simblegroup Hit $3.7m revenue in October 2024 | Estimated |
| 2023 | Simblegroup Hit $3.1m revenue in December 2023 | Estimated |
| 2020 | Simblegroup Hit $1.5m revenue in December 2020 | |
| 2010 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 19 employees (October 2024) | |
| 2023 | Reached 19 employees (December 2023) | |
| 2022 | Reached 24 employees (December 2022) | |
| 2021 | Reached 23 employees (December 2021) | |
| 2020 | Reached 12 employees (December 2020) |
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