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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
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 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 | Source |
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We do not have customer count information for Vechain yet.
Vechain employs approximately 25 people as of 2026, down from 26 in 2023.
Vechain generates $20M in revenue.
Vechain was founded by Sunny Lu.
The CEO of Vechain is Sunny Lu.
Vechain is bootstrapped and has not raised outside funding.
Vechain has 25 employees.
Vechain is headquartered in Shanghai, China.
Vechain operates across multiple industries. Browse revenue, funding, and growth data for Vechain in each sector below.
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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2024 Revenue
$20M
Funding
$0
Team
25
Founded
2015
| Year | Milestone | Source |
|---|---|---|
| 2024 | Vechain Hit $20m revenue in November 2024 | zoominfo.com |
| 2024 | Vechain Hit $1.8m revenue in October 2024 | Estimated |
| 2023 | Vechain Hit $1.2m revenue in December 2023 | Estimated |
| 2021 | Vechain Hit $858.2k revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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