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2024 Revenue

$3.4M

Funding

$0

YOY

12.8%

Team

25

Founded

2006

How Substantial Inc. CEO Paul Rush grew to $3.4M revenue with a 25 person team in 2024.

Substantial is a digital product studio that’s here to make it matter. We offer our clients best-in-class software that lowers risk and creates faster outcomes through strategy, design, and development for web, mobile, and connected devices. From Fortune 500s to emerging start-ups to non-profits, our values-driven company helps by solving real problems and delivering measurable business results.

Last updated

Substantial Inc. Revenue

In 2024, Substantial Inc.'s revenue reached $3.4M. The company previously reported $3M in 2023. Since its launch in 2006, Substantial Inc. has shown consistent revenue growth.

Substantial Inc. Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M2006200820102012201420162018202020222024$0$5M$3.4MSource: GetLatka.com
YearMilestoneQuote
2024Substantial Inc. Hit $3.4m revenue in October 2024
2023Substantial Inc. Hit $3m revenue in December 2023
2021Substantial Inc. Hit $5m revenue in March 2021
2006Launched with $0 revenue

Substantial Inc. Valuation, Funding Rounds

Substantial Inc. is a bootstrapped Software Design Software startup. Founded in 2006, Substantial Inc. has grown to $3.4M in revenue without raising any venture capital or outside funding.

As a self-funded Software Design Software SaaS company, Substantial Inc. has built its business with no outside investment.

Substantial Inc. 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$12006Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Paul Rush

CEO

Paul Rush is listed as CEO at Substantial Inc..

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Customers

We do not have customer count information for Substantial Inc. yet.

Substantial Inc. Employees & Team Size

Substantial Inc. employs approximately 25 people as of 2026, down from 26 in 2023.

Substantial Inc. Team GrowthReported headcount over time013253850632006200820102012201420162018202020222024002525Source: GetLatka.com
YearMilestone
2024Reached 25 employees (October 2024)
2023Reached 26 employees (December 2023)
2022Reached 36 employees (December 2022)
2021Reached 51 employees (December 2021)
2021Reached 55 employees (March 2021)

Frequently Asked Questions about Substantial Inc.

What is Substantial Inc.'s revenue?

Substantial Inc. generates an estimated $3.4M in annual revenue.

Who founded Substantial Inc.?

Substantial Inc. was founded by Paul Rush.

Who is the CEO of Substantial Inc.?

The CEO of Substantial Inc. is Paul Rush.

How much funding does Substantial Inc. have?

Substantial Inc. is bootstrapped and has not raised outside funding.

How many employees does Substantial Inc. have?

Substantial Inc. has 25 employees.

Where is Substantial Inc. headquarters?

Substantial Inc. is headquartered in Seattle, Washington, United States.

Compare Substantial Inc. to the industry

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