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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.
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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.
Suma SaaS is a bootstrapped Payroll Software startup. Founded in 2015, Suma SaaS has grown to $30.6M in revenue without raising any venture capital or outside funding.
As a self-funded Payroll Software SaaS company, Suma SaaS has built its business with no outside investment.
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Suma SaaS serves 20K customers.
Suma SaaS employs approximately 28 people as of 2026, up from 15 in 2023. It serves 20K customers that rely on its solutions.
Suma SaaS generates an estimated $30.6M in annual revenue.
Suma SaaS was founded by Matt Cole.
The CEO of Suma SaaS is Matt Cole.
Suma SaaS is bootstrapped and has not raised outside funding.
Suma SaaS has 28 employees.
Suma SaaS is headquartered in London, England, United Kingdom.
Suma SaaS operates across multiple industries. Browse revenue, funding, and growth data for Suma SaaS in each sector below.
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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2024 Revenue
$30.6M(Est.)
Customers
20K
Funding
$0
Avg ACV
$1.5K
Team
28
Founded
2015
| 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 | |
| 2015 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 28 employees (December 2024) | |
| 2024 | Reached 20 employees (March 2024) | |
| 2023 | Reached 15 employees (December 2023) | |
| 2022 | Reached 14 employees (December 2022) | |
| 2021 | Reached 16 employees (December 2021) | |
| 2021 | Reached 248 employees (April 2021) |
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