Valuation
$20M
2024 Revenue
$1.7M(Est.)
Funding
$7.8M
Team
15
Founded
2017
How Vertalo CEO Dave Hendricks grew to $1.7M revenue with a 15 person team in 2024.
Vertalo is a cap table, compliance, and investor onboarding platform utilizing blockchain to connect and enable the digital asset economy. A chain-agnostic pioneer in "direct custody" and secondary liquidity, Vertalo supports the ongoing asset management needs of private companies and broker-dealers. Vertalo enables any private asset to be instantly tokenized, stored in an investor's verified wallet, and traded in real-time based on the smart contract between the issuer and the investor.
Last updated
Vertalo Revenue
In 2024, Vertalo's revenue reached $1.7M. The company previously reported $1.1M in 2023. Since its launch in 2017, Vertalo has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Vertalo Hit $1.7m revenue in October 2024 | Estimated |
| 2023 | Vertalo Hit $1.1m revenue in December 2023 | Estimated |
| 2021 | Vertalo Hit $1.2m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
Vertalo Valuation, Funding Rounds
Vertalo reached a $20M valuation in 2019, set during its Seed Round round.
Vertalo has raised $7.8M in total funding across 3 rounds, most recently a $5M Series A round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series A | $5M | - | - | |
| 2019 | Seed Round | $2.5M | $5M | 50% | |
| 2018 | Pre Seed | $250K | - | - |
Founder / CEO
Dave Hendricks
CEO
Dave is the CEO and Founder of SeriesX.net, the operating platform for the startup ecosystem.
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 Vertalo yet.
Vertalo Employees & Team Size
Vertalo employs approximately 15 people as of 2026, down from 26 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 15 employees (October 2024) | |
| 2023 | Reached 26 employees (December 2023) | |
| 2022 | Reached 26 employees (December 2022) | |
| 2021 | Reached 33 employees (December 2021) | |
| 2021 | Reached 17 employees (April 2021) |
Frequently Asked Questions about Vertalo
What is Vertalo's revenue?
Vertalo generates an estimated $1.7M in annual revenue.
Who founded Vertalo?
Vertalo was founded by Dave Hendricks.
Who is the CEO of Vertalo?
The CEO of Vertalo is Dave Hendricks.
How much funding does Vertalo have?
Vertalo raised $7.8M across 3 rounds.
How many employees does Vertalo have?
Vertalo has 15 employees.
Where is Vertalo headquarters?
Vertalo is headquartered in Austin, Texas, United States.
Compare Vertalo to the industry
Vertalo operates across multiple industries. Browse revenue, funding, and growth data for Vertalo in each sector below.
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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