Spice Technology Group
2024 Revenue
$3.1M
Customers
7.5K
Funding
$0
YOY
15.2%
Avg ACV
$410
Team
34
Founded
2010
How Spice Technology Group CEO Neel Sharma grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Spice Technology Group Hit $3.1m revenue in October 2024 | |
| 2023 | Spice Technology Group Hit $2.7m revenue in December 2023 | |
| 2021 | Spice Technology Group Hit $1.8m revenue in April 2021 | |
| 2010 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Neel Sharma
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
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Spice Technology Group serves 7.5K customers.
Spice Technology Group Employees & Team Size
Spice Technology Group employs approximately 34 people as of 2026. It serves 7.5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 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) |
Frequently Asked Questions about Spice Technology Group
What is Spice Technology Group's revenue?
Spice Technology Group generates an estimated $3.1M in annual 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 is bootstrapped and has not raised outside funding.
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.
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.
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.
Claim this profilePeople Also Viewed
Qollabi
Channel Sales, Branch Management, Broker Management, Resellers, Agents? Qollabi helps companies to build stronger partner and business relationships. Our BRM (Business Relationship Management) software is made for professionals who are responsible for managing indirect sales channels (eg. managing agents, branches, brokers, resellers, partners etc). The journey of the end customer has changed dramatically in the last decade. Therefore, the role of the (channel) account manager and the role of the intermediary changed enormously. Most of the companies make their account and business plans in PowerPoint, Excel or Word. This makes it difficult to follow up and leads to presentations that get stuck somewhere in a drawer. Leading to lost productivity and efficiency impacting your entire channel and therefore turn-over. Qollabi digitalizes and centralizes your plans. It makes it easy to follow up and collaborate in a digital way. Plan: group your accounts and set Objectives and Key Res
HireSweet
Use HireSweet CRM and HireSweet Marketplace to attract more candidates across all roles.
Quicksilva
Provider of systems integration and messaging services based in the United Kingdom. The company offers integration, consultancy, managed and partner services, enabling health, social care and other industries to get affordable services.
Salaso Health Solutions
Provider of online physiotherapy prescription services intended to offer practice exercise rehabilitation to people everywhere. The company's online physiotherapy prescription services are offered through a software that provides exercise videos to patients through smartphone, tablet or computer along with an e-learning tool to engage patients with the content and ensure adherence to the home exercise program, enabling healthcare professionals to deliver physiotherapy exercises to their patients and ensure their recovery.
Veridium
Developer of a biometric identification platform intended to reduce data breaches and fraudulent transactions. The company's platform replaces tokens and passwords and instead uses a single-step multi-factor biometric authentication feature to verify data and distribute the storage between the device and server and avoid external intrusions, enabling businesses to detect and eliminate unwanted breaches, hence maintaining data privacy.
Wiztopic
Developer of a cloud-based SaaS platform and a new generation of a corporate communications platform. The company corporate communications platform is dedicated to corporate and financial communication executives. It helps them to streamline content management, SEO, social and multichannel distribution, stakeholder relationships and performance assessment, in full compliance with their sectors' constraints. It manages all content formats (video, images, text, infographics, audio) and is adapted to mobile or other devices, enabling businesses executives to simplifies corporate and financial content distribution, stakeholders relationship management, event organization and tracking of communication performance.
