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2024 Revenue

$15M

Customers

70K

Funding

$0

YOY

257.6%

Avg ACV

$214

Team

41

Founded

2012

How Sonarworks CEO Martin Popelis grew Sonarworks to $15M revenue and 70K customers in 2024.

Sonarworks is an innovative audio technology startup that will redefine headphone and music delivery industries

Last updated

Sonarworks Revenue

In 2024, Sonarworks's revenue reached $15M. The company previously reported $6.6M in 2024. Since its launch in 2012, Sonarworks has shown consistent revenue growth.

Sonarworks Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M2012201420162018202020222024$0$3M$4M$15MSource: GetLatka.com
YearMilestone
2024Sonarworks Hit $15m revenue in November 2024
2024Sonarworks Hit $6.6m revenue in October 2024
2023Sonarworks Hit $4.2m revenue in December 2023
2019Sonarworks Hit $3.1m revenue in May 2019
2012Launched with $0 revenue

Sonarworks Valuation, Funding Rounds

Sonarworks is a bootstrapped SaaS startup. Founded in 2012, Sonarworks has grown to $15M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Sonarworks has built its business with no outside investment.

Sonarworks Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120122012 cumulative: $0 • 2012 Founded: $02012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Sonarworks Employees & Team Size

Sonarworks employs approximately 41 people as of 2026, down from 61 in 2023.

Sonarworks has 41 total employees in different roles and functions. They have 70K customers that rely on the company's solutions.

Sonarworks Team GrowthReported headcount over time0204060801002012201420162018202020222024004141Source: GetLatka.com
YearMilestone
2024Reached 41 employees (December 2024)
2024Reached 61 employees (October 2024)
2023Reached 61 employees (December 2023)
2022Reached 77 employees (December 2022)
2021Reached 84 employees (December 2021)
2019Reached 64 employees (May 2019)

Founder / CEO

Martin Popelis

Martin Popelis is listed as Founder / CEO at Sonarworks.

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Customers

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Frequently Asked Questions about Sonarworks

What is Sonarworks's revenue?

Sonarworks generates $15M in revenue.

Who founded Sonarworks?

Sonarworks was founded by Martin Popelis.

Who is the CEO of Sonarworks?

The CEO of Sonarworks is Martin Popelis.

How much funding does Sonarworks have?

Sonarworks raised $0.

How many employees does Sonarworks have?

Sonarworks has 41 employees.

Where is Sonarworks headquarters?

Sonarworks is headquartered in Riga, Latvia.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .