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Valuation

$2.7M

2021 Revenue

$901.6K

Customers

30M

Funding

$0

Avg ACV

$0

Team

33

Founded

2009

How Somoto CEO Eido Safrai grew to $901.6K revenue and 30M customers in 2021.

Provider a toolbar customizable platform that helps software developers monetize their products in all stages. The company offers software developers to monetize their software right from the installation process.

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Somoto Revenue

In 2021, Somoto's revenue reached $901.6K. Since its launch in 2009, Somoto has shown consistent revenue growth.

Somoto Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K$1M2009201120132015201720192021$0$902KSource: GetLatka.com
YearMilestoneQuote
2021Somoto Hit $901.6k revenue in April 2021
2009Launched with $0 revenue

Somoto Valuation, Funding Rounds

Somoto's most recent disclosed valuation is $2.7M.

Somoto is a bootstrapped Application Development Software startup. Founded in 2009, Somoto has grown to $901.6K in revenue without raising any venture capital or outside funding.

As a self-funded Application Development Software SaaS company, Somoto has built its business with no outside investment.

Somoto 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$12009Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Eido Safrai

Since 2000 I have held several development and management positions in R&D. I have managed large groups of peoples including developments, QA and outsource, worldwide. Specialties: Mobile Development (IOs & Android), Cloud/Saas Development by using Microsoft Azure, AWS and Google cloud. Many years of leadership in multidisciplinary products including GUI, Multithreading and communication with hardware using C/C++ over Windows & Linux.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Somoto serves 30M customers.

Somoto Employees & Team Size

Somoto employs approximately 33 people as of 2026, including 8 sales reps that carry a quota. It serves 30M customers that rely on its solutions.

Somoto Team GrowthReported headcount over time08152330382009201120132015201720192021003333Source: GetLatka.com
YearMilestone
2021Reached 33 employees (April 2021)

Frequently Asked Questions about Somoto

What is Somoto's revenue?

Somoto generates $901.6K in revenue.

Who founded Somoto?

Somoto was founded by Eido Safrai.

Who is the CEO of Somoto?

The CEO of Somoto is Eido Safrai.

How much funding does Somoto have?

Somoto raised $0.

How many employees does Somoto have?

Somoto has 33 employees.

Where is Somoto headquarters?

Somoto is headquartered in Tel Aviv, Israel.

Compare Somoto to the industry

Somoto operates across multiple industries. Browse revenue, funding, and growth data for Somoto 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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Somoto Revenue 2021: $901.6K ARR, $2.7M Valuation