2024 Revenue
$1.5M
Funding
$0
YOY
48%
Team
18
Founded
2013
How TermScout CEO Otto Hanson grew to $1.5M revenue with a 18 person team in 2024.
Legal tech company changing the way businesses review contracts.
Last updated
TermScout Revenue
In 2024, TermScout's revenue reached $1.5M. The company previously reported $984.7K in 2023. Since its launch in 2013, TermScout has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | TermScout Hit $1.5m revenue in October 2024 | |
| 2023 | TermScout Hit $984.7k revenue in December 2023 | |
| 2021 | TermScout Hit $732.7k revenue in May 2021 | |
| 2013 | Launched with $0 revenue |
TermScout Valuation, Funding Rounds
TermScout is a bootstrapped Security Compliance Software startup. Founded in 2013, TermScout has grown to $1.5M in revenue without raising any venture capital or outside funding.
As a self-funded Security Compliance Software SaaS company, TermScout 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
We do not have customer count information for TermScout yet.
TermScout Employees & Team Size
TermScout employs approximately 18 people as of 2026, down from 19 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 18 employees (October 2024) |
| 2023 | Reached 19 employees (December 2023) |
| 2022 | Reached 23 employees (December 2022) |
| 2021 | Reached 17 employees (December 2021) |
| 2021 | Reached 13 employees (May 2021) |
Frequently Asked Questions about TermScout
What is TermScout's revenue?
TermScout generates an estimated $1.5M in annual revenue.
Who founded TermScout?
TermScout was founded by Otto Hanson.
Who is the CEO of TermScout?
The CEO of TermScout is Otto Hanson.
How much funding does TermScout have?
TermScout is bootstrapped and has not raised outside funding.
How many employees does TermScout have?
TermScout has 18 employees.
Where is TermScout headquarters?
TermScout is headquartered in Denver, Colorado, United States.
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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