2024 Revenue
$20M
Funding
$0
YOY
1,603.6%
Team
25
Founded
2015
How Vechain CEO Sunny Lu grew Vechain to $20M revenue with a 25 person team in 2024.
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.
Last updated
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.
| Year | Milestone |
|---|---|
| 2024 | Vechain Hit $20m revenue in November 2024Source |
| 2024 | Vechain Hit $1.8m revenue in October 2024 |
| 2023 | Vechain Hit $1.2m revenue in December 2023 |
| 2021 | Vechain Hit $858.2k revenue in April 2021 |
| 2015 | Launched with $0 revenue |
Vechain Valuation, Funding Rounds
Vechain is a bootstrapped Other Collaboration Software startup. Founded in 2015, Vechain has grown to $20M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Vechain has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Vechain Employees & Team Size
Vechain employs approximately 25 people as of 2026, down from 26 in 2023.
Vechain has 25 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 25 employees (October 2024) |
| 2023 | Reached 26 employees (December 2023) |
| 2022 | Reached 26 employees (December 2022) |
| 2021 | Reached 23 employees (December 2021) |
| 2021 | Reached 27 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Vechain yet.
Frequently Asked Questions about Vechain
What is Vechain's revenue?
Vechain generates $20M in revenue.
Who founded Vechain?
Vechain was founded by Sunny Lu.
Who is the CEO of Vechain?
The CEO of Vechain is Sunny Lu.
How much funding does Vechain have?
Vechain raised $0.
How many employees does Vechain have?
Vechain has 25 employees.
Where is Vechain headquarters?
Vechain is headquartered in Shanghai, China.
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Compare Vechain to the industry
Vechain operates across multiple industries. Browse revenue, funding, and growth data for Vechain in each sector below.
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 .