2024 Revenue
$31.5M(Est.)
Customers
200
Funding
$109.6M
Avg ACV
$157.6K
Team
114
Founded
2006
Skytap Revenue & Funding (2024)
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.
Last updated
Skytap Revenue
In 2024, Skytap's revenue reached $31.5M. The company previously reported $21.8M in 2023. Since its launch in 2006, Skytap has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Skytap Hit $31.5m revenue in October 2024 | Estimated |
| 2023 | Skytap Hit $21.8m revenue in December 2023 | Estimated |
| 2020 | Skytap Hit $13.9m revenue in August 2020 | |
| 2006 | Launched with $0 revenue |
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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Funding round | $45M | - | - | |
| 2014 | Funding round | $35M | - | - | |
| 2014 | Funding round | $6.5M | - | - | |
| 2010 | Funding round | $10M | - | - | |
| 2009 | Funding round | $60K | - | - | |
| 2009 | Funding round | $7M | - | - | |
| 2007 | Funding round | $6M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Skytap serves 200 customers.
Skytap Employees & Team Size
Skytap employs approximately 114 people as of 2026, down from 186 in 2023, including 14 sales reps that carry a quota. It serves 200 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 114 employees (December 2024) | |
| 2024 | Reached 186 employees (October 2024) | |
| 2023 | Reached 186 employees (December 2023) | |
| 2023 | Reached 174 employees (September 2023) | |
| 2023 | Reached 186 employees (January 2023) | |
| 2022 | Reached 174 employees (December 2022) | |
| 2022 | Reached 181 employees (January 2022) | |
| 2021 | Reached 159 employees (December 2021) | |
| 2021 | Reached 163 employees (August 2021) | |
| 2020 | Reached 154 employees (December 2020) | |
| 2020 | Reached 154 employees (August 2020) | |
| 2020 | Reached 154 employees (June 2020) | |
| 2019 | Reached 176 employees (December 2019) | |
| 2018 | Reached 245 employees (December 2018) |
Frequently Asked Questions about Skytap
What is Skytap's revenue?
Skytap generates an estimated $31.5M in annual revenue.
Who founded Skytap?
Skytap was founded by Brad Schick.
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?
Skytap has 114 employees.
Where is Skytap headquarters?
Skytap is headquartered in Seattle, Washington, United States.
Compare Skytap to the industry
Skytap operates across multiple industries. Browse revenue, funding, and growth data for Skytap 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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