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How Vapor IO CEO Cole Crawford grew Vapor IO to $4.5M revenue with a 32 person team in 2024.

Developer of fully-integrated hardware and software services designed to address the changing requirements of the new workloads. The company's services include a hyper-modular service that aims to lower costs when building and running data-driven data centers and eliminate integration problems, enabling wireless carriers, cloud providers, web-scale companies and other innovative enterprises to control hybrid and edge clouds.

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Vapor IO Revenue

In 2024, Vapor IO's revenue reached $4.5M. The company previously reported $3.2M in 2024. Since its launch in 2015, Vapor IO has shown consistent revenue growth.

Vapor IO Revenue GrowthReported revenue / ARR by year$0$1M$2M$3M$4M$5M201520172019202120232024$0$2M$2M$5MSource: GetLatka.com
YearMilestone
2024Vapor IO Hit $4.5m revenue in November 2024
2024Vapor IO Hit $3.2m revenue in October 2024
2023Vapor IO Hit $1.9m revenue in December 2023
2021Vapor IO Hit $2.1m revenue in April 2021
2015Launched with $0 revenue

Vapor IO Valuation, Funding Rounds

Vapor IO has not publicly disclosed its valuation. The company has raised $90M in total funding to date.

Vapor IO has raised $90M in total funding across 1 round, with its most recent round in 2020.

Vapor IO Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$20M$40M$60M$80M$100M2015201620172018201920202015 cumulative: $0 • 2015 Founded: $02020 cumulative: $90M • 2015 Founded: $0 • 2020 Funding round: $90M$90M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Funding round$90M--

Vapor IO Employees & Team Size

Vapor IO employs approximately 32 people as of 2026, down from 41 in 2023.

Vapor IO has 32 total employees in different roles and functions.

Vapor IO Team GrowthReported headcount over time01325385063201520172019202120232024003232Source: GetLatka.com
YearMilestone
2024Reached 32 employees (October 2024)
2023Reached 41 employees (December 2023)
2022Reached 48 employees (December 2022)
2021Reached 55 employees (December 2021)
2021Reached 47 employees (April 2021)

Founder / CEO

Cole Crawford

Cole is the founder and CEO of Vapor IO, the world's first true edge computing company. Cole is also the co-founder of the Open 19 Foundation, founding Executive Director of the Open Compute Project, former Chairman of the Open Data Center Alliance and co-founder of OpenStack. Cole was instrumental in the creation of the US Gov’t's definition of Cloud Computing. He has over 20 years of leadership in the telecom and data center industry. Specialties: Open Source Hardware, Data Centers, Telecom, OpenStack, Containers, Cloud, Business Operations, Business Leadership and Development, Government Technology, Cloud Computing, Linux, Enterprise Architecture, IT strategy

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Customers

We do not have customer count information for Vapor IO yet.

Frequently Asked Questions about Vapor IO

What is Vapor IO's revenue?

Vapor IO generates $4.5M in revenue.

Who founded Vapor IO?

Vapor IO was founded by Cole Crawford.

Who is the CEO of Vapor IO?

The CEO of Vapor IO is Cole Crawford.

How much funding does Vapor IO have?

Vapor IO raised $90M.

How many employees does Vapor IO have?

Vapor IO has 32 employees.

Where is Vapor IO headquarters?

Vapor IO is headquartered in Austin, Texas, United States.

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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 .

Vapor IO Revenue 2024: $4.5M ARR, $90M Raised