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Valuation

$150M

2024 Revenue

$6.7M(Est.)

Funding

$42M

Team

47

Founded

2011

TransparentBusiness Revenue, Valuation & Funding (2024)

Developer of a workforce management platform designed to increase freelancer productivity. The company's platform offers daily activity logs and productivity meters for each team member, as well as offers real-time status and cost of every task and project, project collaboration, immediate access to real time data or dashboards and monitoring of worked time and workflow, enabling businesses to manage remote workforce and protect client budgets from over-billing.

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TransparentBusiness Revenue

In 2024, TransparentBusiness's revenue reached $6.7M. The company previously reported $4.7M in 2023. Since its launch in 2011, TransparentBusiness has shown consistent revenue growth.

TransparentBusiness Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.5M$3M$4.5M$6M$7.5M20112013201520172019202120232024$0$4.9M$6.7MSource: GetLatka.com
YearMilestoneSource
2024TransparentBusiness Hit $6.7m revenue in October 2024Estimated
2023TransparentBusiness Hit $4.7m revenue in December 2023Estimated
2021TransparentBusiness Hit $4.9m revenue in April 2021
2011Launched with $0 revenue

TransparentBusiness Valuation, Funding Rounds

TransparentBusiness reached a $150M valuation in 2020, set during its Equity Crowdfunding round.

TransparentBusiness has raised $42M in total funding across 8 rounds, most recently a $1M Debt Financing round in 2021.

TransparentBusiness Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$40M$10M$80M$20M$120M$30M$160M$40M$200M$50M201120132015201720192021$150MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Debt Financing$1M--
2021Equity Crowdfunding$3.6M--
2020Equity Crowdfunding$20M--
2020Equity Crowdfunding$4.5M$150M3%
2020Equity Crowdfunding$2.2M--
2020Equity Crowdfunding$4.4M$70M6%
2018Equity Crowdfunding$4.3M--
2017Convertible Note$2M$15M13%

Founder / CEO

Alex Konanykhim

CEO

CEO of Transparent Business since July 2015 to present.

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Customers

We do not have customer count information for TransparentBusiness yet.

TransparentBusiness Employees & Team Size

TransparentBusiness employs approximately 47 people as of 2026, down from 59 in 2023.

TransparentBusiness Team GrowthReported headcount over time02040608010020112013201520172019202120232024004747Source: GetLatka.com
YearMilestoneSource
2024Reached 47 employees (December 2024)
2024Reached 51 employees (October 2024)
2023Reached 59 employees (December 2023)
2022Reached 66 employees (December 2022)
2021Reached 73 employees (December 2021)
2021Reached 89 employees (April 2021)

Frequently Asked Questions about TransparentBusiness

What is TransparentBusiness's revenue?

TransparentBusiness generates an estimated $6.7M in annual revenue.

Who founded TransparentBusiness?

TransparentBusiness was founded by Alex Konanykhim.

Who is the CEO of TransparentBusiness?

The CEO of TransparentBusiness is Alex Konanykhim.

How much funding does TransparentBusiness have?

TransparentBusiness raised $42M across 8 rounds.

How many employees does TransparentBusiness have?

TransparentBusiness has 47 employees.

Where is TransparentBusiness headquarters?

TransparentBusiness is headquartered in New York, New York, United States.

Compare TransparentBusiness to the industry

TransparentBusiness operates across multiple industries. Browse revenue, funding, and growth data for TransparentBusiness 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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TransparentBusiness Revenue 2024: $6.7M Est. ARR