Valuation
$1.6M
2021 Revenue
$546K
Funding
$0
Team
17
Founded
2011
How Simitu CEO Martin Elsborg grew to $546K revenue with a 17 person team in 2021.
WeCloud offers cloud based IT security solutions.
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Simitu Revenue
In 2021, Simitu's revenue reached $546K. Since its launch in 2011, Simitu has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Simitu Hit $546k revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
Simitu Valuation, Funding Rounds
Simitu's most recent disclosed valuation is $1.6M.
Simitu is a bootstrapped Cloud Management Platforms startup. Founded in 2011, Simitu has grown to $546K in revenue without raising any venture capital or outside funding.
As a self-funded Cloud Management Platforms SaaS company, Simitu has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Martin Elsborg
Martin Elsborg is listed as Founder / CEO at Simitu.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Simitu yet.
Simitu Employees & Team Size
Simitu employs approximately 17 people as of 2026.
| Year | Milestone |
|---|---|
| 2021 | Reached 17 employees (April 2021) |
Frequently Asked Questions about Simitu
What is Simitu's revenue?
Simitu generates $546K in revenue.
Who founded Simitu?
Simitu was founded by Martin Elsborg.
Who is the CEO of Simitu?
The CEO of Simitu is Martin Elsborg.
How much funding does Simitu have?
Simitu raised $0.
How many employees does Simitu have?
Simitu has 17 employees.
Where is Simitu headquarters?
Simitu is headquartered in Malmoe, Denmark.
Compare Simitu to the industry
Simitu operates across multiple industries. Browse revenue, funding, and growth data for Simitu 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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