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How Spocket CEO Saba Mohebpour grew Spocket to $5.5M revenue and 20K customers in 2024.

Provider of a subscription based wholesale marketplace designed to connect drop-ship suppliers with online retail entrepreneurs. The company's wholesale marketplace enables to create a digital store, converse with other users and sell products online using a mobile application, enabling retailers to discover and dropship products from suppliers around the world and automate their e-commerce business.

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Spocket Revenue

In 2024, Spocket's revenue reached $5.5M. The company previously reported $3.5M in 2023. Since its launch in 2017, Spocket has shown consistent revenue growth.

Spocket Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M20172018201920202021202220232024$0$3M$4M$5MSource: GetLatka.com
YearMilestone
2024Spocket Hit $5.5m revenue in October 2024
2023Spocket Hit $3.5m revenue in December 2023
2021Spocket Hit $2.7m revenue in April 2021
2017Launched with $0 revenue

Spocket Valuation, Funding Rounds

Spocket has not publicly disclosed its valuation. The company has raised $1.8M in total funding to date.

Spocket has raised $1.8M in total funding across 3 rounds, with its most recent round in 2018.

Spocket Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$400K$800K$1M$2M$2M201720182017 cumulative: $500K • 2017 Funding round: $500K2018 cumulative: $620K • 2017 Funding round: $500K • 2018 Funding round: $120K2018 cumulative: $2M • 2017 Funding round: $500K • 2018 Funding round: $120K • 2018 Funding round: $1M$2MSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$1.2M--
2018Funding round$120K--
2017Funding round$500K--

Spocket Employees & Team Size

Spocket employs approximately 54 people as of 2026, up from 44 in 2023.

Spocket has 54 total employees in different roles and functions and 1 sales reps that carry a quota. They have 20K customers that rely on the company's solutions.

Spocket Team GrowthReported headcount over time0132538506320172018201920202021202220232024005454Source: GetLatka.com
YearMilestone
2024Reached 54 employees (December 2024)
2024Reached 44 employees (October 2024)
2023Reached 44 employees (December 2023)
2022Reached 40 employees (December 2022)
2021Reached 41 employees (December 2021)
2021Reached 49 employees (April 2021)

Founder / CEO

Saba Mohebpour

Spocket is set to revolutionize the dropshipping market and aid online retailers by removing the need to hold inventory and erasing upfront costs for retailers. Spocket enables over 60,000+ entrepreneurs across five continents to launch and scale their online stores.

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Customers

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Frequently Asked Questions about Spocket

What is Spocket's revenue?

Spocket generates $5.5M in revenue.

Who founded Spocket?

Spocket was founded by Saba Mohebpour.

Who is the CEO of Spocket?

The CEO of Spocket is Saba Mohebpour.

How much funding does Spocket have?

Spocket raised $1.8M.

How many employees does Spocket have?

Spocket has 54 employees.

Where is Spocket headquarters?

Spocket is headquartered in Vancouver, British Columbia, Canada.

Compare Spocket to the industry

Spocket operates across multiple industries. Browse revenue, funding, and growth data for Spocket 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 .

Spocket Revenue 2024: $5.5M ARR, $1.8M Raised