2024 Revenue
$30.6M(Est.)
Customers
20K
Avg ACV
$1.5K
Team
28
Founded
2015
Suma SaaS Revenue (2024)
Suma SaaS generated an estimated $30.6M in annual revenue in 2024. Source: GetLatka estimate
SUMA SaaS is a leading cloud-based financial management platform tailored for small and medium-sized businesses (SMBs) in Spanish-speaking Latin America. It supports over 100,000 SMBs across Mexico, Chile, and Argentina through integrated software solutions, encompassing accounting, payroll, electronic invoicing, tax compliance, bank integration, and financing tools, designed to meet local regulatory requirements while delivering global SaaS standards.
Last updated
Suma SaaS Revenue
In 2024, Suma SaaS's revenue reached $30.6M. The company previously reported $17.7M in 2023. Since its launch in 2015, Suma SaaS has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Suma SaaS Hit $30.6m revenue in October 2024 | Estimated |
| 2023 | Suma SaaS Hit $17.7m revenue in December 2023 | Estimated |
| 2021 | Suma SaaS Hit $15.7m revenue in April 2021 | Not recorded |
| 2015 | Launched with $0 revenue |
Founder / CEO
Matt Cole
CEO
Matt is the Founder of Suma SaaS, the leading provider of a Financial Management Software-as-a-Service for Small Businesses in Spanish-Speaking Latin America. Matt lives in Santiago, Chile with his family. His passions include building companies, promoting entrepreneurship, making education accessible for all, and conserving the environment for future generations.
Customers
Suma SaaS serves 20K customers.
Suma SaaS Employees & Team Size
Suma SaaS employs approximately 28 people as of 2026, up from 15 in 2023. It serves 20K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 28 employees (December 2024) | Not recorded |
| 2024 | Reached 20 employees (March 2024) | Latka Top 250 List |
| 2023 | Reached 15 employees (December 2023) | Not recorded |
| 2022 | Reached 14 employees (December 2022) | Not recorded |
| 2021 | Reached 16 employees (December 2021) | Not recorded |
| 2021 | Reached 248 employees (April 2021) | Not recorded |
Frequently Asked Questions about Suma SaaS
What is Suma SaaS's revenue?
As of 2024, Suma SaaS generated an estimated $30.6M in annual revenue.
Who founded Suma SaaS?
Suma SaaS was founded by Matt Cole.
When was Suma SaaS founded?
Suma SaaS was founded in 2015.
Who is the CEO of Suma SaaS?
The CEO of Suma SaaS is Matt Cole.
How many employees does Suma SaaS have?
As of 2024, Suma SaaS had 28 employees.
Where is Suma SaaS headquartered?
Suma SaaS is headquartered in London, England, United Kingdom.
Compare Suma SaaS to the industry
Suma SaaS operates across multiple industries. Browse revenue, funding, and growth data for Suma SaaS 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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