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2024 Revenue

$7M

Funding

$0

YOY

43.6%

Team

57

Founded

2012

How Target Global CEO Alex Frolov grew to $7M revenue with a 57 person team in 2024.

Founded in 2015, Target Global is an international investment firm headquartered in Berlin. The firm connects the key European startup ecosystems and leverages the DNA of each of the target geographies, across the global network. Building on the firm's experienced team with substantial operational and investment experience, the firm helps entrepreneurs to build market leaders. The firm invests across multiple stages, investing in fast-growing tech companies. The firm's partners have been investing for more than 15 years in the digital technology space.

Last updated

Target Global Revenue

In 2024, Target Global's revenue reached $7M. The company previously reported $4.9M in 2023. Since its launch in 2012, Target Global has shown consistent revenue growth.

Target Global Revenue GrowthReported revenue / ARR over time$0$1.5M$3M$4.5M$6M$7.5M2012201420162018202020222024$0$5.7M$7MSource: GetLatka.com
YearMilestoneQuote
2024Target Global Hit $7m revenue in October 2024
2023Target Global Hit $4.9m revenue in December 2023
2021Target Global Hit $5.7m revenue in April 2021
2012Launched with $0 revenue

Target Global Valuation, Funding Rounds

Target Global is a bootstrapped Venture Capital startup. Founded in 2012, Target Global has grown to $7M in revenue without raising any venture capital or outside funding.

As a self-funded Venture Capital SaaS company, Target Global has built its business with no outside investment.

Target Global 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$12012Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Alex Frolov

CEO

Alex Frolov is listed as CEO at Target Global.

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Customers

We do not have customer count information for Target Global yet.

Target Global Employees & Team Size

Target Global employs approximately 57 people as of 2026, down from 64 in 2023, including 2 sales reps that carry a quota.

Target Global Team GrowthReported headcount over time0204060801002012201420162018202020222024005757Source: GetLatka.com
YearMilestone
2024Reached 57 employees (December 2024)
2024Reached 57 employees (October 2024)
2023Reached 64 employees (December 2023)
2022Reached 84 employees (December 2022)
2021Reached 90 employees (December 2021)
2021Reached 68 employees (April 2021)

Frequently Asked Questions about Target Global

What is Target Global's revenue?

Target Global generates an estimated $7M in annual revenue.

Who founded Target Global?

Target Global was founded by Alex Frolov.

Who is the CEO of Target Global?

The CEO of Target Global is Alex Frolov.

How much funding does Target Global have?

Target Global is bootstrapped and has not raised outside funding.

How many employees does Target Global have?

Target Global has 57 employees.

Where is Target Global headquarters?

Target Global is headquartered in London, England, United Kingdom.

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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Target Global Revenue 2024: $7M ARR (Bootstrapped)