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How SpotRates CEO Gianluca Modonese grew SpotRates to $204K revenue with a 3 person team in 2021.

SpotRates is a cloud solution specifically designed for air cargo where stakeholders are connected within the same digital working environment. SpotRates provides airlines, freight forwarders and shippers with a real-time pricing and instant booking platform including powerful tools to communicate and negotiate ad hoc and contract rates efficiently in a single safe marketplace running 24h a day, 365 day a year. SpotRates is all about air cargo rates in just one place, enabling superior revenue management as well as easy access to data and full control over sales strategies.

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SpotRates Revenue

In 2021, SpotRates's revenue reached $204K. Since its launch in 2017, SpotRates has shown consistent revenue growth.

SpotRates Revenue GrowthReported revenue / ARR by year$0$50K$100K$150K$200K$250K20172018201920202021$0$204KSource: GetLatka.com
YearMilestone
2021SpotRates Hit $204k revenue in April 2021
2017Launched with $0 revenue

SpotRates Valuation, Funding Rounds

SpotRates's most recent disclosed valuation is $611.9K.

SpotRates is a bootstrapped Aviation Software startup. Founded in 2017, SpotRates has grown to $204K in revenue without raising any venture capital or outside funding.

As a self-funded Aviation Software SaaS company, SpotRates has built its business with no outside investment.

SpotRates Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

SpotRates Employees & Team Size

SpotRates employs approximately 3 people as of 2026.

SpotRates has 3 total employees in different roles and functions.

SpotRates Team GrowthReported headcount over time012234201720182019202020210033Source: GetLatka.com
YearMilestone
2021Reached 3 employees (April 2021)

Founder / CEO

Gianluca Modonese

Gianluca Modonese is listed as Founder / CEO at SpotRates.

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Customers

We do not have customer count information for SpotRates yet.

Frequently Asked Questions about SpotRates

What is SpotRates's revenue?

SpotRates generates $204K in revenue.

Who founded SpotRates?

SpotRates was founded by Gianluca Modonese.

Who is the CEO of SpotRates?

The CEO of SpotRates is Gianluca Modonese.

How much funding does SpotRates have?

SpotRates raised $0.

How many employees does SpotRates have?

SpotRates has 3 employees.

Where is SpotRates headquarters?

SpotRates is headquartered in Italy.

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Compare SpotRates to the industry

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

SpotRates Revenue 2021: $204K ARR, $611.9K Valuation