TextNowrevenue & funding
VoIP ProvidersWaterloo, Ontario, CanadaFounded 2009CEO Derek Ting
TextNow is a VoIP Providers company based in Waterloo, founded in 2009.
TextNow revenue
TextNow's annual revenue was $100M in November 2024 (textnow.com), the most recent figure on record.
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $8M | – |
| Dec 2023 | $10.1MEST. | GetLatka estimate |
| Oct 2024 | $12.8MEST. | GetLatka estimate |
| Nov 2024 | $100M | textnow.com |
– source not recorded
TextNow funding rounds & investors
TextNow has raised $1M in one round, in October 2011.
| Date | Round | Raised |
|---|---|---|
| Oct 2011 | Funding round | $1M |
| Total raised | $1M |
TextNow CEO, founders & employees
Derek Ting founded TextNow in 2009 and runs it as CEO. TextNow had 249 employees (December 2024, LinkedIn).
- Derek TingFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 249 | |
| Oct 2024 | 246 | |
| Dec 2023 | 239 | |
| Dec 2022 | 237 | |
| Dec 2021 | 228 | |
| Apr 2021 | 160 | – |
TextNow FAQ
What is TextNow's revenue?
TextNow's annual revenue was $100M in November 2024, according to textnow.com. No later figure is on record.
How much funding has TextNow raised?
TextNow has raised $1M in one funding round, in October 2011.
How many employees does TextNow have?
TextNow had 249 employees in December 2024, according to LinkedIn.
Who is the CEO of TextNow?
Derek Ting is the CEO of TextNow and founded the company in 2009.
Who founded TextNow?
Derek Ting founded TextNow in 2009.
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How this page is sourced
6 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Aug 20, 2026Data disclaimerReport a correctionClaim this profileRun TextNow? Join the podcast