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Provider of an analytics software-as-a-service (SaaS) intended to help businesses streamline supply chain processes and maximize operational efficiency. The business also offers information technology (IT) advisory and managed services in addition to providing a platform that is updated with the latest news to help companies make informed business decisions.
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In 2024, Spice Technology Group's revenue reached $3.1M. The company previously reported $2.7M in 2023. Since its launch in 2010, Spice Technology Group has shown consistent revenue growth.
Spice Technology Group is a bootstrapped Business Intelligence Software startup. Founded in 2010, Spice Technology Group has grown to $3.1M in revenue without raising any venture capital or outside funding.
As a self-funded Business Intelligence Software SaaS company, Spice Technology Group has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Neel has held senior roles at various technology firms and is currently a Partner at SPICE Technology Group, Inc. Neel is a well recognized technologist within the North American Manufacturing, Retail & Distribution sectors. Amongst the early pioneers in the cloud computing market, Neel has been working since the nineties with customers across the globe to achieve technology-driven, quick-time-to-market capabilities for modern commerce and complex supply chains. He brings expertise in digital commerce, supply chain, analytics and in emerging information technologies that are propelling organizations towards new business models. Some of these technologies and their modern applications include Internet of Things (IoT), The API Economy, The Sharing Economy and collectively: Industry 4.0
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Spice Technology Group serves 7.5K customers.
Spice Technology Group employs approximately 34 people as of 2026. It serves 7.5K customers that rely on its solutions.
Spice Technology Group generates an estimated $3.1M in annual revenue.
Spice Technology Group was founded by Neel Sharma.
The CEO of Spice Technology Group is Neel Sharma.
Spice Technology Group is bootstrapped and has not raised outside funding.
Spice Technology Group has 34 employees.
Spice Technology Group is headquartered in Mississauga, Ontario, Canada.
Spice Technology Group operates across multiple industries. Browse revenue, funding, and growth data for Spice Technology Group in each sector below.
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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2024 Revenue
$3.1M(Est.)
Customers
7.5K
Funding
$0
Avg ACV
$410
Team
34
Founded
2010
| Year | Milestone | Source |
|---|---|---|
| 2024 | Spice Technology Group Hit $3.1m revenue in October 2024 | Estimated |
| 2023 | Spice Technology Group Hit $2.7m revenue in December 2023 | Estimated |
| 2021 | Spice Technology Group Hit $1.8m revenue in April 2021 | |
| 2010 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 34 employees (October 2024) | |
| 2023 | Reached 34 employees (December 2023) | |
| 2022 | Reached 33 employees (December 2022) | |
| 2021 | Reached 28 employees (December 2021) | |
| 2021 | Reached 22 employees (April 2021) |
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