Ulektz
2024 Revenue
$7.3M
Customers
2.5K
Funding
$0
YOY
80.5%
Avg ACV
$2.9K
Team
51
Founded
2016
How Ulektz CEO Mohammed Sadiq grew Ulektz to $7.3M revenue and 2.5K customers in 2024.
Developer of a cloud-based learning management platform designed to improve human capital in engineering and technical education. The company's platform provides digital learning resources blended with effective educational pedagogies to improve the efficiency and effectiveness of the classroom teaching, enhance education and prepare students for the global academic and economic competition, enabling higher education students improve academic performance, skill development and job placements.
Last updated
Ulektz Revenue
In 2024, Ulektz's revenue reached $7.3M. The company previously reported $5.9M in 2024. Since its launch in 2016, Ulektz has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Ulektz Hit $7.3m revenue in November 2024 |
| 2024 | Ulektz Hit $5.9m revenue in October 2024 |
| 2023 | Ulektz Hit $4m revenue in December 2023 |
| 2021 | Ulektz Hit $2.2m revenue in April 2021 |
| 2016 | Launched with $0 revenue |
Ulektz Valuation, Funding Rounds
Ulektz is a bootstrapped SaaS startup. Founded in 2016, Ulektz has grown to $7.3M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Ulektz has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Ulektz Employees & Team Size
Ulektz employs approximately 51 people as of 2026, down from 67 in 2023.
Ulektz has 51 total employees in different roles and functions. They have 2.5K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 51 employees (December 2024) |
| 2024 | Reached 46 employees (October 2024) |
| 2023 | Reached 67 employees (December 2023) |
| 2022 | Reached 61 employees (December 2022) |
| 2021 | Reached 44 employees (December 2021) |
| 2021 | Reached 31 employees (April 2021) |
Founder / CEO
Mohammed Sadiq
Starting career as an educational entrepreneur, Sadiq has 20+ years of experience in IT and ITES companies ranging from startups to multinationals such as HP, Microsoft Corporation and Zoho. His passion for creating positive social impact through technology and education, pushed him to become an education technology consultant. For over a decade, Sadiq has been working with various colleges, universities and ministries of education both in India and abroad to help them leverage innovative digital technologies and effective educational pedagogies to enhance academic effectiveness, improve administrative efficiencies, ensure students’ success and stay ahead of education transformation challenges. He has extensively travelled to more than 20 countries to present and demonstrate ICT/eLearning solutions for education, and deliver tech talks on various international educational conferences, seminars and workshops.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Ulektz acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Ulektz
What is Ulektz's revenue?
Ulektz generates $7.3M in revenue.
Who founded Ulektz?
Ulektz was founded by Mohammed Sadiq.
Who is the CEO of Ulektz?
The CEO of Ulektz is Mohammed Sadiq.
How much funding does Ulektz have?
Ulektz raised $0.
How many employees does Ulektz have?
Ulektz has 51 employees.
Where is Ulektz headquarters?
Ulektz is headquartered in Chennai, Tamil Nadu, India.
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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 .