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2024 Revenue

$6.3M

Customers

100

Funding

$24.8M

YOY

26.5%

Avg ACV

$63.1K

Team

126

Founded

2016

How UltimateAI CEO Reetu Kainulainen grew UltimateAI to $6.3M revenue and 100 customers in 2024.

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UltimateAI Revenue

In 2024, UltimateAI's revenue reached $6.3M. The company previously reported $5M in 2023. Since its launch in 2016, UltimateAI has shown consistent revenue growth.

UltimateAI Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M201620172018201920202021202220232024$0$3M$5M$6MSource: GetLatka.com
YearMilestoneQuote
2024UltimateAI Hit $6.3m revenue in October 2024
2023UltimateAI Hit $5m revenue in December 2023
2021UltimateAI Hit $2.9m revenue in September 2021
2016Launched with $0 revenue

UltimateAI Valuation, Funding Rounds

UltimateAI has not publicly disclosed its valuation. The company has raised $24.8M in total funding to date.

UltimateAI has raised $24.8M in total funding across 3 rounds, with its most recent round in 2020.

UltimateAI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$6M$12M$18M$24M$30M201620172018201920202016 cumulative: $0 • 2016 Founded: $02018 cumulative: $1M • 2016 Founded: $0 • 2018 Funding round: $1M2019 cumulative: $5M • 2016 Founded: $0 • 2018 Funding round: $1M • 2019 Funding round: $4M2020 cumulative: $25M • 2016 Founded: $0 • 2018 Funding round: $1M • 2019 Funding round: $4M • 2020 Funding round: $20M$25M2016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$20M--
2019Funding round$3.5M--
2018Funding round$1.3M--

Founder / CEO

Reetu Kainulainen

Reetu Kainulainen is listed as Founder / CEO at UltimateAI.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

UltimateAI serves 100 customers.

UltimateAI Employees & Team Size

UltimateAI employs approximately 126 people as of 2026, down from 319 in 2023, including 8 sales reps that carry a quota. It serves 100 customers that rely on its solutions.

UltimateAI Team GrowthReported headcount over time07515022530037520162017201820192020202120222023202400126126Source: GetLatka.com
YearMilestone
2024Reached 126 employees (December 2024)
2024Reached 136 employees (October 2024)
2023Reached 319 employees (December 2023)
2022Reached 293 employees (December 2022)
2021Reached 226 employees (December 2021)
2020Reached 61 employees (December 2020)
2020Reached 62 employees (December 2020)
2020Reached 46 employees (June 2020)
2019Reached 31 employees (December 2019)

Frequently Asked Questions about UltimateAI

What is UltimateAI's revenue?

UltimateAI generates $6.3M in revenue.

Who founded UltimateAI?

UltimateAI was founded by Reetu Kainulainen.

Who is the CEO of UltimateAI?

The CEO of UltimateAI is Reetu Kainulainen.

How much funding does UltimateAI have?

UltimateAI raised $24.8M.

How many employees does UltimateAI have?

UltimateAI has 126 employees.

Where is UltimateAI headquarters?

UltimateAI is headquartered in Berlin, Germany.

Compare UltimateAI to the industry

UltimateAI operates across multiple industries. Browse revenue, funding, and growth data for UltimateAI 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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UltimateAI Revenue 2024: $6.3M ARR, $24.8M Raised