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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Sonarworks Hit $15m revenue in November 2024 | |
| 2024 | Sonarworks Hit $6.6m revenue in October 2024 | |
| 2023 | Sonarworks Hit $4.2m revenue in December 2023 | |
| 2019 | Sonarworks Hit $3.1m revenue in May 2019 | |
| 2012 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Sonarworks serves 70K customers.
Sonarworks Employees & Team Size
Sonarworks employs approximately 41 people as of 2026, down from 61 in 2023. It serves 70K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 41 employees (December 2024) |
| 2024 | Reached 61 employees (October 2024) |
| 2023 | Reached 61 employees (December 2023) |
| 2022 | Reached 77 employees (December 2022) |
| 2021 | Reached 84 employees (December 2021) |
| 2019 | Reached 64 employees (May 2019) |
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.
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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