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How Wyebot CEO Roger Sands grew to $4.5M revenue with a 64 person team in 2024.

Developer of cloud-based mobile solutions intended to offer optimization and analytics services for wireless ecosystems. The company's solutions are based on machine learning, internet of things, carrier grade WiFi and fog-computing technologies, enabling businesses to install 11.2B IoT devices, 4.5M Bluetooth low energy and WiFi that will carry up to 60% of mobile data traffic to increase the cost of delivery through end-to-end critical wireless networks.

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Wyebot Revenue

In 2024, Wyebot's revenue reached $4.5M. The company previously reported $3.2M in 2023. Since its launch in 2016, Wyebot has shown consistent revenue growth.

Wyebot Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M$5M201620172018201920202021202220232024$0$1.2M$3.2M$4.5MSource: GetLatka.com
YearMilestoneQuote
2024Wyebot Hit $4.5m revenue in October 2024
2023Wyebot Hit $3.2m revenue in December 2023
2021Wyebot Hit $1.2m revenue in April 2021
2016Launched with $0 revenue

Wyebot Valuation, Funding Rounds

Wyebot has not publicly disclosed its valuation. The company has raised $8M in total funding to date.

Wyebot has raised $8M in total funding across 2 rounds, with its most recent round in 2019.

Wyebot Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M2016201720182019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Funding round$2.5M--
2018Funding round$5.5M--

Founder / CEO

Roger Sands

CEO

He is the CEO of WyeBot in January 2016 to present. In his previous jobs he is a Mobility Business Line Manager in Hewlett-Packard in 7 years.

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Customers

We do not have customer count information for Wyebot yet.

Wyebot Employees & Team Size

Wyebot employs approximately 64 people as of 2026, down from 66 in 2023, including 3 sales reps that carry a quota.

Wyebot Team GrowthReported headcount over time01530456075201620172018201920202021202220232024006464Source: GetLatka.com
YearMilestone
2024Reached 64 employees (October 2024)
2023Reached 66 employees (December 2023)
2022Reached 50 employees (December 2022)
2021Reached 30 employees (December 2021)
2021Reached 17 employees (April 2021)

Frequently Asked Questions about Wyebot

What is Wyebot's revenue?

Wyebot generates an estimated $4.5M in annual revenue.

Who founded Wyebot?

Wyebot was founded by Roger Sands.

Who is the CEO of Wyebot?

The CEO of Wyebot is Roger Sands.

How much funding does Wyebot have?

Wyebot raised $8M across 2 rounds.

How many employees does Wyebot have?

Wyebot has 64 employees.

Where is Wyebot headquarters?

Wyebot is headquartered in Marlborough, Massachusetts, United States.

Compare Wyebot to the industry

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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