2023 Revenue
$2M
Customers
75
Funding
$0
Avg ACV
$26.7K
Team · 2024
12
Founded
2019
How Teqnovos CEO Ankur Magan grew to $2M revenue and 75 customers in 2023.
Teqnovos is a leading mobile and web app development company that caters to the technological needs of a wide variety of businesses. The company has a strong client portfolio that ranges from SMBs to large enterprises.
Along with traditional industries like healthcare, real estate, finance, and entertainment, the company has expanded its scope to offer solutions for new industries, including SaaS and FinTech. The sole aim of the company is to deliver top-notch digital solutions to businesses and become a contributor to their growth.
Last updated
Teqnovos Revenue
In 2023, Teqnovos's revenue reached $2M. The company previously reported $1.1M in 2022. Since its launch in 2019, Teqnovos has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Teqnovos Hit $2m revenue in September 2023 | |
| 2022 | Teqnovos Hit $1.1m revenue in November 2022 | |
| 2021 | Teqnovos Hit $555.5k revenue in November 2021 | |
| 2019 | Launched with $0 revenue |
Teqnovos Valuation, Funding Rounds
Teqnovos is a bootstrapped Financial Services Software startup. Founded in 2019, Teqnovos has grown to $2M in revenue without raising any venture capital or outside funding.
As a self-funded Financial Services Software SaaS company, Teqnovos has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Teqnovos serves 75 customers.
Teqnovos Employees & Team Size
Teqnovos employs approximately 12 people as of 2026, down from 13 in 2023, including 15 sales reps that carry a quota. It serves 75 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 12 employees (October 2024) |
| 2024 | Reached 12 employees (October 2024) |
| 2023 | Reached 13 employees (December 2023) |
| 2023 | Reached 100 employees (November 2023) |
| 2023 | Reached 100 employees (September 2023) |
| 2022 | Reached 12 employees (December 2022) |
| 2022 | Reached 50 employees (November 2022) |
| 2021 | Reached 25 employees (November 2021) |
Frequently Asked Questions about Teqnovos
What is Teqnovos's revenue?
Teqnovos generates $2M in revenue.
Who founded Teqnovos?
Teqnovos was founded by Ankur Magan.
Who is the CEO of Teqnovos?
The CEO of Teqnovos is Ankur Magan.
How much funding does Teqnovos have?
Teqnovos is bootstrapped and has not raised outside funding.
How many employees does Teqnovos have?
Teqnovos has 12 employees.
Where is Teqnovos headquarters?
Teqnovos is headquartered in London, England, United Kingdom.
Compare Teqnovos to the industry
Teqnovos operates across multiple industries. Browse revenue, funding, and growth data for Teqnovos 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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