00d:00h:00m:00s
AI Growth Summit: 9 Tactics to Add $10m FastJune 30
121/150seats takenSave Your Seat
Latka logo

How Vertice CEO Eldar Tuvey grew to $12M revenue with a 299 person team in 2024.

Vertice is a tech-enabled SaaS purchasing solution that helps businesses save on their annual software expenditure.

Last updated

Vertice Revenue

In 2024, Vertice's revenue reached $12M. The company previously reported $6.4M in 2023. Since its launch in 2021, Vertice has shown consistent revenue growth.

Vertice Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$3M$6M$9M$12M$15M2021202220232024$0$3.4M$6.4M$12MSource: GetLatka.com
YearMilestoneSource
2024Vertice Hit $12m revenue in October 2024Estimated
2023Vertice Hit $6.4m revenue in December 2023Estimated
2022Vertice Hit $3.4m revenue in May 2022
2021Launched with $0 revenue

Vertice Valuation, Funding Rounds

Vertice has not publicly disclosed its valuation. The company has raised $26M in total funding to date.

Vertice has raised $26M in total funding across 1 round, most recently a $26M Series A round in 2022.

Vertice 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$30M20212022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Series A$26M--

Founder / CEO

Eldar Tuvey

CEO

Founder and CEO at Vertice

Q&A

QuestionAnswer
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 Vertice yet.

Vertice Employees & Team Size

Vertice employs approximately 299 people as of 2026, up from 189 in 2023.

Vertice Team GrowthReported headcount over time07515022530037520212022202320244949299299Source: GetLatka.com
YearMilestoneSource
2024Reached 299 employees (December 2024)
2024Reached 271 employees (October 2024)
2023Reached 189 employees (December 2023)
2022Reached 110 employees (December 2022)
2022Reached 28 employees (May 2022)
2021Reached 49 employees (December 2021)

Frequently Asked Questions about Vertice

What is Vertice's revenue?

Vertice generates an estimated $12M in annual revenue.

Who founded Vertice?

Vertice was founded by Eldar Tuvey.

Who is the CEO of Vertice?

The CEO of Vertice is Eldar Tuvey.

How much funding does Vertice have?

Vertice raised $26M across 1 round.

How many employees does Vertice have?

Vertice has 299 employees.

Where is Vertice headquarters?

Vertice is headquartered in London, England, United Kingdom.

Compare Vertice to the industry

Vertice operates across multiple industries. Browse revenue, funding, and growth data for Vertice 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.

Claim this profile

People Also Viewed

Feedloop logo

Feedloop

Developer of a SaaS-based feedback and analytics platform for websites and apps designed to help businesses to understand users and improve the experience. The company's platform helps marketers and growth hackers in building engaging campaigns, enabling higher user engagements through interactive campaigns, such as surveys, quizzes, and storytelling aimed at millennials and Generation Z.

Akuity logo

Akuity

Akuity provides the solutions that empower DevOps engineers to deliver applications simpler, safer, and faster, powered by Argo.

Toobler Technologies logo

Toobler Technologies

Developer of software applications for business enterprises. The company develops software applications for web and mobile platforms which allow business enterprises to analyze data and build cloud based software products.

Pathstream logo

Pathstream

Developer of a web-based platform for teaching in-demand software skills. The company's platform allows students to immediately access pre-configured, project-based instruction, realistic workplace simulations and on-demand coaching, enabling students to meet high-demand digital skills careers to succeed in modern academy.

Obsidian Security logo

Obsidian Security

Developer of a cybersecurity program intended to combat cyber threats across hybrid-cloud environments. The company's program use data science and security technology to secure cloud infrastructure and data centers, enabling enterprises to get protection from cyber threats.

RecVue logo

RecVue

Provider of a recurring billing platform intended to facilitate the management of subscription contracts. The company's platform eliminates the use of spreadsheets and helps to book, bill, forecast and manage new contracts, renewals, adjustments and change requests, enabling clients to connect with their CRM, ERP and fulfillment systems by automating their invoicing process through a single platform.

Vertice Revenue 2024: $12M Est. ARR, $26M Raised