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Valuation

$3.8M

2021 Revenue

$1.3M

Customers

50K

Funding

$0

Avg ACV

$25

Team

15

Founded

2013

How Steerpath CEO Mikko Virkkilä grew to $1.3M revenue and 50K customers in 2021.

Developer of an indoor positioning and navigation technology intended to provide an accurate location. The company's technology leverages on Bluetooth beacon technology and works without wires to navigate and position assets and people in different environments, enabling companies to track and get relevant information in real time.

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Steerpath Revenue

In 2021, Steerpath's revenue reached $1.3M. Since its launch in 2013, Steerpath has shown consistent revenue growth.

Steerpath Revenue GrowthReported revenue / ARR over time$0$300K$600K$900K$1M$2M201320142015201620172018201920202021$0$1MSource: GetLatka.com
YearMilestoneQuote
2021Steerpath Hit $1.3m revenue in April 2021
2013Launched with $0 revenue

Steerpath Valuation, Funding Rounds

Steerpath's most recent disclosed valuation is $3.8M.

Steerpath is a bootstrapped IoT Platforms startup. Founded in 2013, Steerpath has grown to $1.3M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Platforms SaaS company, Steerpath has built its business with no outside investment.

Steerpath Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12013Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Mikko Virkkilä

Mikko Virkkila is the CEO at Steerpath. Steerpath delivers easy indoor positioning and navigation to mobile applications,

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Customers

Steerpath serves 50K customers.

Steerpath Employees & Team Size

Steerpath employs approximately 15 people as of 2026, including 1 sales reps that carry a quota. It serves 50K customers that rely on its solutions.

Steerpath Team GrowthReported headcount over time0481216201320142015201620172018201920202021001515Source: GetLatka.com
YearMilestone
2021Reached 15 employees (April 2021)

Frequently Asked Questions about Steerpath

What is Steerpath's revenue?

Steerpath generates $1.3M in revenue.

Who founded Steerpath?

Steerpath was founded by Mikko Virkkilä.

Who is the CEO of Steerpath?

The CEO of Steerpath is Mikko Virkkilä.

How much funding does Steerpath have?

Steerpath raised $0.

How many employees does Steerpath have?

Steerpath has 15 employees.

Where is Steerpath headquarters?

Steerpath is headquartered in Finland.

Compare Steerpath to the industry

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

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Steerpath Revenue 2021: $1.3M ARR, $3.8M Valuation