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Vechain Revenue (2024)

Vechain generated an estimated $20M in annual revenue in 2024. Source: GetLatka estimate

Operator of a ledger-based information exchange collaboration cloud blockchain platform for products and information. The company's collaboration platform creates, manages and updates shared data about the products in the supply chain making the supply chain transparent and solving problems which exist in the supply chain, enabling industries such as luxury, fashion, logistics, pharmaceuticals, automotive, food safety, and wine and spirits to receive a trust-free and distributed business ecosystem which enables efficient collaboration and value transferring.

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Vechain Revenue

In 2024, Vechain's revenue reached $20M. The company previously reported $1.8M in 2024. Since its launch in 2015, Vechain has shown consistent revenue growth.

Vechain Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M201520172019202120232024$0$858.2K$1.2M$20MSource: GetLatka.com
YearMilestoneSource
2024Vechain Hit $20m revenue in November 2024zoominfo.comEstimated
2024Vechain Hit $1.8m revenue in October 2024Estimated
2023Vechain Hit $1.2m revenue in December 2023Estimated
2021Vechain Hit $858.2k revenue in April 2021Not recorded
2015Launched with $0 revenue

Founder / CEO

Sunny Lu

CEO

Sunny Lu is the Co-Founder and CEO at Vechain.

Vechain Employees & Team Size

Vechain employs approximately 25 people as of 2026, down from 26 in 2023.

Vechain Team GrowthReported headcount over time0612182430201520172019202120232024002525Source: GetLatka.com
YearMilestoneSource
2024Reached 25 employees (October 2024)Not recorded
2023Reached 26 employees (December 2023)Not recorded
2022Reached 26 employees (December 2022)Not recorded
2021Reached 23 employees (December 2021)Not recorded
2021Reached 27 employees (April 2021)Not recorded

Frequently Asked Questions about Vechain

What is Vechain's revenue?

As of 2024, Vechain generated an estimated $20M in annual revenue.

Who founded Vechain?

Vechain was founded by Sunny Lu.

When was Vechain founded?

Vechain was founded in 2015.

Who is the CEO of Vechain?

The CEO of Vechain is Sunny Lu.

How many employees does Vechain have?

As of 2024, Vechain had 25 employees.

Where is Vechain headquartered?

Vechain is headquartered in Shanghai, China.

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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