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How Spice Technology Group CEO Neel Sharma grew Spice Technology Group to $3.1M revenue and 7.5K customers in 2024.

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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Spice Technology Group Revenue

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 Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M20102012201420162018202020222024$0$2M$3M$3MSource: GetLatka.com
YearMilestone
2024Spice Technology Group Hit $3.1m revenue in October 2024
2023Spice Technology Group Hit $2.7m revenue in December 2023
2021Spice Technology Group Hit $1.8m revenue in April 2021
2010Launched with $0 revenue

Spice Technology Group Valuation, Funding Rounds

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.

Spice Technology Group Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120102010 cumulative: $0 • 2010 Founded: $02010 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Spice Technology Group Employees & Team Size

Spice Technology Group employs approximately 34 people as of 2026.

Spice Technology Group has 34 total employees in different roles and functions. They have 7.5K customers that rely on the company's solutions.

Spice Technology Group Team GrowthReported headcount over time081523303820102012201420162018202020222024003434Source: GetLatka.com
YearMilestone
2024Reached 34 employees (October 2024)
2023Reached 34 employees (December 2023)
2022Reached 33 employees (December 2022)
2021Reached 28 employees (December 2021)
2021Reached 22 employees (April 2021)

Founder / CEO

Neel Sharma

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

Q&A

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Customers

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Frequently Asked Questions about Spice Technology Group

What is Spice Technology Group's revenue?

Spice Technology Group generates $3.1M in revenue.

Who founded Spice Technology Group?

Spice Technology Group was founded by Neel Sharma.

Who is the CEO of Spice Technology Group?

The CEO of Spice Technology Group is Neel Sharma.

How much funding does Spice Technology Group have?

Spice Technology Group raised $0.

How many employees does Spice Technology Group have?

Spice Technology Group has 34 employees.

Where is Spice Technology Group headquarters?

Spice Technology Group is headquartered in Mississauga, Ontario, Canada.

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Compare Spice Technology Group to the industry

Spice Technology Group operates across multiple industries. Browse revenue, funding, and growth data for Spice Technology Group in each sector below.

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 .

Spice Technology Group Revenue 2024: $3.1M ARR