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How TransparentBusiness CEO Alex Konanykhim grew TransparentBusiness to $6.7M revenue with a 47 person team in 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 by year$0$2M$3M$5M$6M$8M20112013201520172019202120232024$0$5M$5M$7MSource: GetLatka.com
YearMilestone
2024TransparentBusiness Hit $6.7m revenue in October 2024
2023TransparentBusiness Hit $4.7m revenue in December 2023
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$40M$80M$120M$160M2011201320152017201920212011 cumulative: $0 • 2011 Founded: $02017 cumulative: $2M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation2018 cumulative: $6M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation • 2018 Equity Crowdfunding: $4M2020 cumulative: $11M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation • 2018 Equity Crowdfunding: $4M • 2020 Equity Crowdfunding: $4M @ $70M valuation2020 cumulative: $13M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation • 2018 Equity Crowdfunding: $4M • 2020 Equity Crowdfunding: $4M @ $70M valuation • 2020 Equity Crowdfunding: $2M2020 cumulative: $17M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation • 2018 Equity Crowdfunding: $4M • 2020 Equity Crowdfunding: $4M @ $70M valuation • 2020 Equity Crowdfunding: $2M • 2020 Equity Crowdfunding: $5M @ $150M valuation2020 cumulative: $37M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation • 2018 Equity Crowdfunding: $4M • 2020 Equity Crowdfunding: $4M @ $70M valuation • 2020 Equity Crowdfunding: $2M • 2020 Equity Crowdfunding: $5M @ $150M valuation • 2020 Equity Crowdfunding: $20M2021 cumulative: $41M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation • 2018 Equity Crowdfunding: $4M • 2020 Equity Crowdfunding: $4M @ $70M valuation • 2020 Equity Crowdfunding: $2M • 2020 Equity Crowdfunding: $5M @ $150M valuation • 2020 Equity Crowdfunding: $20M • 2021 Equity Crowdfunding: $4M2021 cumulative: $42M • 2011 Founded: $0 • 2017 Convertible Note: $2M @ $15M valuation • 2018 Equity Crowdfunding: $4M • 2020 Equity Crowdfunding: $4M @ $70M valuation • 2020 Equity Crowdfunding: $2M • 2020 Equity Crowdfunding: $5M @ $150M valuation • 2020 Equity Crowdfunding: $20M • 2021 Equity Crowdfunding: $4M • 2021 Debt Financing: $1M$42M2011 Founded: $0 valuation2017 Convertible Note: $15M valuation2020 Equity Crowdfunding: $70M valuation2020 Equity Crowdfunding: $150M valuation$150MSource: GetLatka.com
YearRoundAmountValuation% Sold
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%

TransparentBusiness Employees & Team Size

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

TransparentBusiness has 47 total employees in different roles and functions.

TransparentBusiness Team GrowthReported headcount over time02040608010020112013201520172019202120232024004747Source: GetLatka.com
YearMilestone
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)

Founder / CEO

Alex Konanykhim

CEO of Transparent Business since July 2015 to present.

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Customers

We do not have customer count information for TransparentBusiness yet.

Frequently Asked Questions about TransparentBusiness

What is TransparentBusiness's revenue?

TransparentBusiness generates $6.7M in 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.

How many employees does TransparentBusiness have?

TransparentBusiness has 47 employees.

Where is TransparentBusiness headquarters?

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

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Compare TransparentBusiness to the industry

TransparentBusiness operates across multiple industries. Browse revenue, funding, and growth data for TransparentBusiness in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .