Latka logo

How StoneFly CEO Mo Tahmasebi grew to $16.8M revenue and 10K customers in 2024.

Advanced cost-effective full featured SAN, NAS hyper-converged, Cloud solutions backup, and DR services by the innovator of iSCSI technology.

Last updated

StoneFly Revenue

In 2024, StoneFly's revenue reached $16.8M. The company previously reported $11.8M in 2024. Since its launch in 2000, StoneFly has shown consistent revenue growth.

StoneFly Revenue GrowthReported revenue / ARR over time$0$4M$8M$12M$16M$20M2000200220042006200820102012201420162018202020222024$0$5M$8M$17MSource: GetLatka.com
YearMilestoneQuote
2024StoneFly Hit $16.8m revenue in November 2024
2024StoneFly Hit $11.8m revenue in October 2024
2023StoneFly Hit $7.8m revenue in December 2023
2020StoneFly Hit $5.1m revenue in August 2020
2000Launched with $0 revenue

StoneFly Valuation, Funding Rounds

StoneFly has not publicly disclosed its valuation. The company has raised $12M in total funding to date.

StoneFly has raised $12M in total funding across 1 round, most recently a $12M Series C round in 2003.

StoneFly Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$6M$9M$12M$15M20002001200220032000 cumulative: $0 • 2000 Founded: $02003 cumulative: $12M • 2000 Founded: $0 • 2003 Series C: $12M$12M2000 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2003Series C$12M--

Founder / CEO

Mo Tahmasebi

Mo Tahmasebi is listed as Founder / CEO at StoneFly.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

StoneFly serves 10K customers.

StoneFly Employees & Team Size

StoneFly employs approximately 85 people as of 2026, up from 76 in 2023, including 15 sales reps that carry a quota. It serves 10K customers that rely on its solutions.

StoneFly Team GrowthReported headcount over time0204060801002000200220042006200820102012201420162018202020222024008585Source: GetLatka.com
YearMilestone
2024Reached 85 employees (December 2024)
2024Reached 82 employees (October 2024)
2023Reached 76 employees (December 2023)
2022Reached 70 employees (December 2022)
2021Reached 64 employees (December 2021)
2020Reached 62 employees (December 2020)
2020Reached 11 employees (August 2020)
2020Reached 64 employees (June 2020)
2019Reached 63 employees (December 2019)
2018Reached 53 employees (December 2018)

Frequently Asked Questions about StoneFly

What is StoneFly's revenue?

StoneFly generates $16.8M in revenue.

Who founded StoneFly?

StoneFly was founded by Mo Tahmasebi.

Who is the CEO of StoneFly?

The CEO of StoneFly is Mo Tahmasebi.

How much funding does StoneFly have?

StoneFly raised $12M.

How many employees does StoneFly have?

StoneFly has 85 employees.

Where is StoneFly headquarters?

StoneFly is headquartered in Castro Valley, California, United States.

Compare StoneFly to the industry

StoneFly operates across multiple industries. Browse revenue, funding, and growth data for StoneFly 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 profile
StoneFly Revenue 2024: $16.8M ARR, $12M Raised