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Versatile Revenue & Funding (2024)

Versatile generated an estimated $29.3M in annual revenue in 2024. Source: GetLatka estimate

Versatile uses artificial intelligence (AI) to identify inefficiencies within construction sites and find ways to address them. This strategy can help speed up projects and save money at the same time.

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Versatile Revenue

In 2024, Versatile's revenue reached $29.3M. The company previously reported $15.7M in 2023. Since its launch in 2016, Versatile has shown consistent revenue growth.

Versatile Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$7.5M$15M$22.5M$30M$37.5M201620172018201920202021202220232024$0$1.2M$15.7M$29.3MSource: GetLatka.com
YearMilestoneSource
2024Versatile Hit $29.3m revenue in October 2024Estimated
2023Versatile Hit $15.7m revenue in December 2023Estimated
2021Versatile Hit $1.2m revenue in September 2021Not recorded
2016Launched with $0 revenue

Versatile Valuation, Funding Rounds

Versatile has not publicly disclosed its valuation. The company has raised $28M in total funding to date.

Versatile has raised $28M in total funding across 3 rounds, with its most recent round in 2020.

Versatile Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$6M$0.4$12M$0.6$18M$0.8$24M$1$30M20162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$20M--Not recorded
2019Funding round$7M--Not recorded
2018Funding round$1M--Not recorded

Customers

We do not have customer count information for Versatile yet.

Versatile Employees & Team Size

Versatile employs approximately 307 people as of 2026, up from 229 in 2023, including 2 sales reps that carry a quota.

Versatile Team GrowthReported headcount over time07515022530037520162017201820192020202120222023202400307307Source: GetLatka.com
YearMilestoneSource
2024Reached 307 employees (December 2024)Not recorded
2024Reached 299 employees (October 2024)Not recorded
2023Reached 229 employees (December 2023)Not recorded
2022Reached 210 employees (December 2022)Not recorded
2021Reached 216 employees (December 2021)Not recorded
2020Reached 40 employees (December 2020)Not recorded
2020Reached 42 employees (June 2020)Not recorded

Frequently Asked Questions about Versatile

What is Versatile's revenue?

As of 2024, Versatile generated an estimated $29.3M in annual revenue.

Who founded Versatile?

Versatile was founded by Meirav Oren.

Who is the CEO of Versatile?

The CEO of Versatile is Meirav Oren.

How much funding does Versatile have?

Versatile raised $28M across 3 rounds.

How many employees does Versatile have?

As of 2024, Versatile had 307 employees.

Where is Versatile headquartered?

Versatile is headquartered in Los Altos, California, United States.

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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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