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Skytap Revenue & Funding (2024)

Skytap generated an estimated $31.5M in annual revenue in 2024. Source: GetLatka estimate

It is critical to success in today's economy to rapidly deliver goods and services through software. Organizations must modernize their approach to software delivery by leveraging the cloud, implementing agile and DevOps processes, and adopting new architectures. This transition enables faster, safer, and more efficient application development, which is the cornerstone of the on-demand digital services that customers expect. Skytap is your partner in this transformation. Skytap Cloud accelerates enterprise innovation by modernizing traditional applications with cloud-native development and services. Our technology makes it easy to build, run, and evolve these hybrid applications by rapidly migrating traditional workloads to the cloud, enabling modern development practices, and integrating new cloud architectures and processes. We deliver cloud benefits in weeks, not months or years. True self-service, on-demand resources enable you to create your own software-defined datacenter and networks with environments on demand that work in the cloud just like in your datacenter. Gain all the benefits of cloud speed and scale with little risk and big reward.

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Skytap Revenue

Skytap generated an estimated $31.5M in annual revenue in 2024. GetLatka previously estimated $21.8M in 2023.

Skytap Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$7.5M$15M$22.5M$30M$37.5M20202021202220232024$13.9M$21.8M$31.5MSource: GetLatka.com
YearMilestoneSource
2024Skytap Hit $31.5m revenue in October 2024Estimated
2023Skytap Hit $21.8m revenue in December 2023Estimated
2020Skytap Hit $13.9m revenue in August 2020Not recorded

Skytap Valuation, Funding Rounds

Skytap has not publicly disclosed its valuation. The company has raised $109.6M in total funding to date.

Skytap has raised $109.6M in total funding across 7 rounds, with its most recent round in 2017.

Skytap Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$25M$0.4$50M$0.6$75M$0.8$100M$1$125M200620082010201220142017Source: GetLatka.com
YearRoundAmountValuationSource
2017Funding round$45M-Not recorded
2014Funding round$35M-Not recorded
2014Funding round$6.5M-Not recorded
2010Funding round$10M-Not recorded
2009Funding round$60K-Not recorded
2009Funding round$7M-Not recorded
2007Funding round$6M-Not recorded

Skytap Leadership Team & Contacts

Brad Schick is the CEO of Skytap. GetLatka tracks 1 person at Skytap (1 founder, 1 executive), with job titles, tenure and LinkedIn profiles.

Skytap executives and key employees with job titles, location, LinkedIn and tenure
NameTitlePositionLocationEmailLinkedInStartEnd
Brad SchickCEOFounder, CEO-sc***@gmail.comLinkedIn--

How to contact Skytap

Headquarters
Seattle, Washington, United States
Website
skytap.com

Verified work emails for the Skytap people listed above are available to GetLatka members; public listings show a masked address only. Listed here and want your details removed? Request removal.

Skytap Competitors & Alternatives

The closest alternatives to Skytap are Plusnet GmbH - Ein Unternehmen der EnBW, Productive-Edge and Jellyfish. Skytap generates $31.5M in revenue with 114 employees. Every one of the 20 alternatives below is compared with Skytap on revenue, funding, customers, team size and founding year.

Skytap vs its top alternatives

Skytap is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Skytap compared with its top alternatives on revenue, funding, customers and team size
CompanySkytap logoSkytapThis companyPlusnet GmbH - Ein Unternehmen der EnBW logoPlusnet GmbH - Ein Unternehmen der EnBWProductive-Edge logoProductive-EdgeJellyfish logoJellyfishThrymr Software logoThrymr SoftwareNx logoNxCoretek Services logoCoretek Services10x Banking logo10x Banking10x Banking logo10x BankingKovai logoKovai
Revenue$31.5M$31.5M$31.2M$31.9M$31M$31M$30.9M$32.3M$32.3M$32.5M
Valuation$283.6MNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$109.6MNot disclosedNot disclosed$114.5MNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Customers200Not disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed700
Team size114286138253165167208294294300
Founded2006199720082017201320162005201620162009
HQSeattle, United StatesGermanyUnited StatesUnited StatesIndiaUnited StatesUnited StatesUnited KingdomUnited KingdomUnited Kingdom

Top Infrastructure as a Service (IaaS) Providers companies similar to Skytap

  1. Plusnet GmbH - Ein Unternehmen der EnBW logo

    1. Plusnet GmbH - Ein Unternehmen der EnBW

    Germany · Infrastructure as a Service (IaaS) Providers

    Die Plusnet GmbH , eine Tochtergesellschaft der EnBW, ist ein deutsches Telekommunikationsunternehmen mit Fokus auf Geschäftskunden. Plusnet betreibt eine eigene, bundesweite…

    Revenue
    $31.5M
    Team size
    286
    Founded
    1997
  2. Productive-Edge logo

    2. Productive-Edge

    United States · Infrastructure as a Service (IaaS) Providers

    Productive Edge is a Digital Consultancy that leverages global talent and a metrics-driven approach to turn business opportunities into software solutions

    Revenue
    $31.2M
    Team size
    138
    Founded
    2008
  3. Jellyfish logo

    3. Jellyfish

    United States · Infrastructure as a Service (IaaS) Providers

    Jellyfish is the pioneer Engineering Management Platform that enables engineering leaders to align engineering work with strategic business objectives. By analyzing engineering…

    Revenue
    $31.9M
    Funding
    $114.5M
    Team size
    253
    Founded
    2017
  4. Thrymr Software logo

    4. Thrymr Software

    India · Infrastructure as a Service (IaaS) Providers

    Developer of a cloud-based platform designed to provide end-to-end software development services. The company's portfolio of services includes web application development, cloud…

    Revenue
    $31M
    Team size
    165
    Founded
    2013
  5. Nx logo

    5. Nx

    United States · Infrastructure as a Service (IaaS) Providers

    Nx was founded by former Googlers, Jeff Cross and Victor Savkin. They create build tools used by millions of people, helping global enterprises optimize their development…

    Revenue
    $31M
    Team size
    167
    Founded
    2016
  6. Coretek Services logo

    6. Coretek Services

    United States · Infrastructure as a Service (IaaS) Providers

    Provides IT consulting & systems integration, migration, virtualization and mobility services

    Revenue
    $30.9M
    Team size
    208
    Founded
    2005
  7. 10x Banking logo

    7. 10x Banking

    United Kingdom · Infrastructure as a Service (IaaS) Providers

    So far, true core banking transformation has been held back by the compromise between fast-to-market but inflexible "configuration" neo cores on one hand, and flexible but highly…

    Revenue
    $32.3M
    Team size
    294
    Founded
    2016
  8. 10x Banking logo

    8. 10x Banking

    United Kingdom · Infrastructure as a Service (IaaS) Providers

    So far, true core banking transformation has been held back by the compromise between fast-to-market but inflexible "configuration" neo cores on one hand, and flexible but highly…

    Revenue
    $32.3M
    Team size
    294
    Founded
    2016
  9. Kovai logo

    9. Kovai

    United Kingdom · Infrastructure as a Service (IaaS) Providers

    Kovai.co is a bootstrapped, multi-product SaaS company founded in 2011 by Saravana Kumar, who serves as CEO. The company is headquartered in London, UK, with the majority of its…

    Revenue
    $32.5M
    Customers
    700
    Team size
    300
    Founded
    2009
  10. nLighten logo

    10. nLighten

    Netherlands · Infrastructure as a Service (IaaS) Providers

    nLighten is a digital infrastructure platform providing innovative data center solutions, dedicated to meeting the dynamic needs of businesses in the digital era.

    Revenue
    $30.5M
    Team size
    217
    Founded
    2021
  11. CLOUDQ logo

    11. CLOUDQ

    United States · Infrastructure as a Service (IaaS) Providers

    Software services and products company located in Alpharetta, Georgia, providing technology products, development and services

    Revenue
    $30.5M
    Team size
    181
    Founded
    2013
  12. nLighten logo

    12. nLighten

    Netherlands · Infrastructure as a Service (IaaS) Providers

    nLighten is a digital infrastructure platform providing innovative data center solutions, dedicated to meeting the dynamic needs of businesses in the digital era.

    Revenue
    $30.5M
    Team size
    217
    Founded
    2021
  13. 84codes logo

    13. 84codes

    Sweden · Infrastructure as a Service (IaaS) Providers

    84codes.com is a company that provides software development services.

    Revenue
    $30.5M
    Customers
    20K
    Team size
    41
    Founded
    2012
  14. Concept Solutions Llc logo

    14. Concept Solutions Llc

    United States · Infrastructure as a Service (IaaS) Providers

    Concept Solutions is an information technology company that provides software development and cloud computing services

    Revenue
    $32.7M
    Funding
    $2M
    Team size
    159
    Founded
    1999
  15. Sistemi S.p.A. logo

    15. Sistemi S.p.A.

    Italy · Infrastructure as a Service (IaaS) Providers

    “FACCIAMO PROGRAMMI PER IL TUO FUTURO” è il primo messaggio di Sistemi al mercato. Un messaggio valido ancora oggi perché il nostro mestiere è sempre lo stesso da 48 anni: “creare…

    Revenue
    $32.8M
    Team size
    298
    Founded
    1976
  16. Programmers - Software Development Company logo

    16. Programmers - Software Development Company

    United States · Infrastructure as a Service (IaaS) Providers

    How Programmers.io hit $30.2M revenue and 480 customers in 2024. With 1000+ experts, this IT company supports legacy and modern platforms with smart solutions and products.

    Revenue
    $30.2M
    Customers
    100
    Team size
    1.1K
    Founded
    2012
  17. Webscale logo

    17. Webscale

    United States · Infrastructure as a Service (IaaS) Providers

    Developer of an integrated web application delivery platform designed to rapidly migrate their storefronts to the cloud. The company's platform is fully cloud-agnostic and…

    Revenue
    $30M
    Funding
    $56.3M
    Customers
    20M
    Team size
    76
    Founded
    2012
  18. Webscale logo

    18. Webscale

    United States · Infrastructure as a Service (IaaS) Providers

    Developer of an integrated web application delivery platform designed to rapidly migrate their storefronts to the cloud. The company's platform is fully cloud-agnostic and…

    Revenue
    $30M
    Funding
    $56.3M
    Customers
    20M
    Team size
    76
    Founded
    2012
  19. Webscale logo

    19. Webscale

    United States · Infrastructure as a Service (IaaS) Providers

    Developer of an integrated web application delivery platform designed to rapidly migrate their storefronts to the cloud. The company's platform is fully cloud-agnostic and…

    Revenue
    $30M
    Funding
    $56.3M
    Customers
    20M
    Team size
    76
    Founded
    2012
  20. Webscale logo

    20. Webscale

    United States · Infrastructure as a Service (IaaS) Providers

    Developer of an integrated web application delivery platform designed to rapidly migrate their storefronts to the cloud. The company's platform is fully cloud-agnostic and…

    Revenue
    $30M
    Funding
    $56.3M
    Customers
    20M
    Team size
    76
    Founded
    2012

Skytap vs the Infrastructure as a Service (IaaS) Providers market

Skytap ranks #24 of 366 Infrastructure as a Service (IaaS) Providers companies by annual revenue, putting it in the top 7% of the market.

Companies tracked
366
Median revenue
$2.2M
Median funding
$12.2M
Median team size
19

All Infrastructure as a Service (IaaS) Providers companies ranked by revenue

Customers

Skytap serves 200 customers.

Skytap Employees & Team Size

Skytap employs approximately 114 people as of 2024, down from 186 in 2023, including 14 sales reps that carry a quota.

Skytap Team GrowthReported headcount over time0601201802403002018201920202021202220232024245245114114Source: GetLatka.com
YearMilestoneSource
2024Reached 114 employees (December 2024)LinkedIn
2024Reached 186 employees (October 2024)LinkedIn
2023Reached 186 employees (December 2023)LinkedIn
2023Reached 174 employees (September 2023)Not recorded
2023Reached 186 employees (January 2023)Not recorded
2022Reached 174 employees (December 2022)LinkedIn
2022Reached 181 employees (January 2022)Not recorded
2021Reached 159 employees (December 2021)LinkedIn
2021Reached 163 employees (August 2021)Not recorded
2020Reached 154 employees (December 2020)Not recorded
2020Reached 154 employees (August 2020)Not recorded
2020Reached 154 employees (June 2020)Not recorded
2019Reached 176 employees (December 2019)Not recorded
2018Reached 245 employees (December 2018)Not recorded

Frequently Asked Questions about Skytap

What is Skytap's revenue?

As of 2024, Skytap generated an estimated $31.5M in annual revenue.

Who founded Skytap?

Skytap was founded by Brad Schick.

When was Skytap founded?

Skytap was founded in 2006.

Who is the CEO of Skytap?

The CEO of Skytap is Brad Schick.

How much funding does Skytap have?

Skytap raised $109.6M across 7 rounds.

How many employees does Skytap have?

As of 2024, Skytap had 114 employees.

Where is Skytap headquartered?

Skytap is headquartered in Seattle, Washington, United States.

How do I contact Skytap?

You can reach Skytap through its website at skytap.com. GetLatka members can also view verified work emails for the people listed on this page.

What companies are similar to Skytap?

The closest alternatives to Skytap are Plusnet GmbH - Ein Unternehmen der EnBW, Productive-Edge and Jellyfish, all active in Infrastructure as a Service (IaaS) Providers. The profile compares each of them with Skytap on revenue, funding, customers and team size.

What is the best alternative to Skytap?

Plusnet GmbH - Ein Unternehmen der EnBW is the closest alternative to Skytap, generating $31.5M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives before choosing.

Is Skytap bigger than Plusnet GmbH - Ein Unternehmen der EnBW?

Yes. Skytap generates $31.5M in revenue versus $31.5M at Plusnet GmbH - Ein Unternehmen der EnBW.

Compare Skytap to the industry

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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