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Well Principled is an A.I
Last updated
In 2024, Well Principled's revenue reached $10M. The company previously reported $1.4M in 2024. Since its launch in 2019, Well Principled has shown consistent revenue growth.
Well Principled is a bootstrapped Generative AI Software startup. Founded in 2019, Well Principled has grown to $10M in revenue without raising any venture capital or outside funding.
As a self-funded Generative AI Software SaaS company, Well Principled has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Ryan Richt is the founder and CEO of Well Principled. Ryan has galvanized teams with bold vision and disruptive, patented innovations since 2003. Ryan transformed distributed analytics across an academic lab, his first bootstrap startup and computational biology and cloud teams at Monsanto. He grew VC-backed CiBO from 7 to 70 engineers and datascientists. Ryan holds an MBA and BA prob/stats from Olin and WashU.
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We do not have customer count information for Well Principled yet.
Well Principled employs approximately 8 people as of 2026.
Well Principled generates $10M in revenue.
Well Principled was founded by Ryan Richt.
The CEO of Well Principled is Ryan Richt.
Well Principled is bootstrapped and has not raised outside funding.
Well Principled has 8 employees.
Well Principled is headquartered in St. Louis, Missouri, United States.
Well Principled operates across multiple industries. Browse revenue, funding, and growth data for Well Principled 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
$10M
Funding
$0
Team
8
Founded
2019
| Year | Milestone | Source |
|---|---|---|
| 2024 | Well Principled Hit $10m revenue in November 2024 | |
| 2024 | Well Principled Hit $1.4m revenue in October 2024 | Estimated |
| 2023 | Well Principled Hit $1.1m revenue in December 2023 | Estimated |
| 2021 | Well Principled Hit $1.2m revenue in January 2021 | |
| 2019 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 8 employees (October 2024) | |
| 2023 | Reached 8 employees (December 2023) | |
| 2022 | Reached 8 employees (December 2022) | |
| 2021 | Reached 10 employees (December 2021) | |
| 2021 | Reached 12 employees (January 2021) |
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