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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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Debt Financing | $1M | - | - | |
| 2021 | Equity Crowdfunding | $3.6M |
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We do not have customer count information for TransparentBusiness yet.
TransparentBusiness employs approximately 47 people as of 2026, down from 59 in 2023.
TransparentBusiness generates an estimated $6.7M in annual revenue.
TransparentBusiness was founded by Alex Konanykhim.
The CEO of TransparentBusiness is Alex Konanykhim.
TransparentBusiness raised $42M across 8 rounds.
TransparentBusiness has 47 employees.
TransparentBusiness is headquartered in New York, New York, United States.
TransparentBusiness operates across multiple industries. Browse revenue, funding, and growth data for TransparentBusiness in each sector below.
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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Valuation
$150M
2024 Revenue
$6.7M(Est.)
Funding
$42M
Team
47
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2024 | TransparentBusiness Hit $6.7m revenue in October 2024 | Estimated |
| 2023 | TransparentBusiness Hit $4.7m revenue in December 2023 | Estimated |
| 2021 | TransparentBusiness Hit $4.9m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| - |
| - |
| 2020 | Equity Crowdfunding | $20M | - | - |
| 2020 | Equity Crowdfunding | $4.5M | $150M | 3% |
| 2020 | Equity Crowdfunding | $2.2M | - | - |
| 2020 | Equity Crowdfunding | $4.4M | $70M | 6% |
| 2018 | Equity Crowdfunding | $4.3M | - | - |
| 2017 | Convertible Note | $2M | $15M | 13% |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 47 employees (December 2024) | |
| 2024 | Reached 51 employees (October 2024) | |
| 2023 | Reached 59 employees (December 2023) | |
| 2022 | Reached 66 employees (December 2022) | |
| 2021 | Reached 73 employees (December 2021) | |
| 2021 | Reached 89 employees (April 2021) |
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