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2024 Revenue

$10M

Funding

$0

YOY

785.8%

Team

8

Founded

2019

How Well Principled CEO Ryan Richt grew Well Principled to $10M revenue with a 8 person team in 2024.

Well Principled is an A.I

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Well Principled Revenue

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 Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M201920202021202220232024$0$1M$1M$10MSource: GetLatka.com
YearMilestone
2024Well Principled Hit $10m revenue in November 2024
2024Well Principled Hit $1.4m revenue in October 2024
2023Well Principled Hit $1.1m revenue in December 2023
2021Well Principled Hit $1.2m revenue in January 2021
2019Launched with $0 revenue

Well Principled Valuation, Funding Rounds

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.

Well Principled Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120192019 cumulative: $0 • 2019 Founded: $02019 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Well Principled Employees & Team Size

Well Principled employs approximately 8 people as of 2026.

Well Principled has 8 total employees in different roles and functions.

Well Principled Team GrowthReported headcount over time036912152019202020212022202320240088Source: GetLatka.com
YearMilestone
2024Reached 8 employees (October 2024)
2023Reached 8 employees (December 2023)
2022Reached 8 employees (December 2022)
2021Reached 10 employees (December 2021)
2021Reached 12 employees (January 2021)

Founder / CEO

Ryan Richt

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.

Q&A

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Customers

We do not have customer count information for Well Principled yet.

Frequently Asked Questions about Well Principled

What is Well Principled's revenue?

Well Principled generates $10M in revenue.

Who founded Well Principled?

Well Principled was founded by Ryan Richt.

Who is the CEO of Well Principled?

The CEO of Well Principled is Ryan Richt.

How much funding does Well Principled have?

Well Principled raised $0.

How many employees does Well Principled have?

Well Principled has 8 employees.

Where is Well Principled headquarters?

Well Principled is headquartered in St. Louis, Missouri, United States.

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Compare Well Principled to the industry

Well Principled operates across multiple industries. Browse revenue, funding, and growth data for Well Principled in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Well Principled Revenue 2024: $10M ARR (Bootstrapped)