Latka logo

How Workteam Ltd CEO Simon Bates grew Workteam Ltd to $626.2K revenue with a 2 person team in 2024.

Workteam is a cloud-based Employee Management solution that strives to maximise staff retention in organizations by increasing employee engagement and productivity through gamification strategies.

Last updated

Workteam Ltd Revenue

In 2024, Workteam Ltd's revenue reached $626.2K. The company previously reported $339.1K in 2023. Since its launch in 2016, Workteam Ltd has shown consistent revenue growth.

Workteam Ltd Revenue GrowthReported revenue / ARR by year$0$150K$300K$450K$600K$750K201620172018201920202021202220232024$0$283K$339K$626KSource: GetLatka.com
YearMilestone
2024Workteam Ltd Hit $626.2k revenue in October 2024
2023Workteam Ltd Hit $339.1k revenue in December 2023
2021Workteam Ltd Hit $282.6k revenue in April 2021
2016Launched with $0 revenue

Workteam Ltd Valuation, Funding Rounds

Workteam Ltd's most recent disclosed valuation is $1.9M.

Workteam Ltd is a bootstrapped Employee Intranet Software startup. Founded in 2016, Workteam Ltd has grown to $626.2K in revenue without raising any venture capital or outside funding.

As a self-funded Employee Intranet Software SaaS company, Workteam Ltd has built its business with no outside investment.

Workteam Ltd Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120162016 cumulative: $0 • 2016 Founded: $02016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Workteam Ltd Employees & Team Size

Workteam Ltd employs approximately 2 people as of 2026.

Workteam Ltd has 2 total employees in different roles and functions and 1 sales reps that carry a quota.

Workteam Ltd Team GrowthReported headcount over time0123452016201720182019202020212022202320240022Source: GetLatka.com
YearMilestone
2024Reached 2 employees (October 2024)
2023Reached 2 employees (December 2023)
2022Reached 2 employees (December 2022)
2021Reached 2 employees (December 2021)
2021Reached 4 employees (April 2021)

Founder / CEO

Simon Bates

Simon Bates is listed as Founder / CEO at Workteam Ltd.

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 Workteam Ltd yet.

Frequently Asked Questions about Workteam Ltd

What is Workteam Ltd's revenue?

Workteam Ltd generates $626.2K in revenue.

Who founded Workteam Ltd?

Workteam Ltd was founded by Simon Bates.

Who is the CEO of Workteam Ltd?

The CEO of Workteam Ltd is Simon Bates.

How much funding does Workteam Ltd have?

Workteam Ltd raised $0.

How many employees does Workteam Ltd have?

Workteam Ltd has 2 employees.

Where is Workteam Ltd headquarters?

Workteam Ltd is headquartered in Maidenhead, England, United Kingdom.

People Also Viewed

DoxyChain logo

DoxyChain

Next-generation blockchain document management system (DMS)

Treatstock logo

Treatstock

The company primarily operates in the Software industry. Treatstock was founded in 2016 and is headquartered in Newark, DE.

Webproof logo

Webproof

The company primarily operates in the Software industry. Webproof is headquartered in Miami, FL.

Echelon Insights logo

Echelon Insights

Provider of digital intelligence intended to offer research and analytics services. The company's intelligence provides complete situational awareness by creating and organizing the information needed to make the best decisions, enabling companies to make informed decision that helps improve their businesses.

OpsVantage Digital logo

OpsVantage Digital

X-CITE S.A. logo

X-CITE S.A.

We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

Compare Workteam Ltd to the industry

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