2024 Revenue
$1.9M
Funding
$0
YOY
46%
Team
17
Founded
2017
How Yordex CEO Erik De Kroon grew to $1.9M revenue with a 17 person team in 2024.
Developer of a smart purchase order platform intended to offer low-cost processing of invoices between customers and suppliers. The company's platform connects to bank accounts and existing accounting systems to manage all data exchange and avoid costs and lengthy implementation of a traditional accounting or ERP system upgrade, enabling clients to streamline interactions between contracting parties.
Last updated
Yordex Revenue
In 2024, Yordex's revenue reached $1.9M. The company previously reported $1.3M in 2023. Since its launch in 2017, Yordex has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Yordex Hit $1.9m revenue in October 2024 | |
| 2023 | Yordex Hit $1.3m revenue in December 2023 | |
| 2021 | Yordex Hit $1.6m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
Yordex Valuation, Funding Rounds
Yordex is a bootstrapped Accounts Payable (AP) & Spend Analysis Software startup. Founded in 2017, Yordex has grown to $1.9M in revenue without raising any venture capital or outside funding.
As a self-funded Accounts Payable (AP) & Spend Analysis Software SaaS company, Yordex has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Erik De Kroon
CEO
CEO and Co-Founder at Yordex. Erik has a long background in building new businesses, both within larger companies and in startups. In his last job Erik was responsible for launching World pay Online Payments which he and the team took from idea to fast-growing business. Erik has an MSc in Computer Science an MBA from INSEAD.
Q&A
| Question | Answer |
|---|---|
| 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 Yordex yet.
Yordex Employees & Team Size
Yordex employs approximately 17 people as of 2026, down from 18 in 2023, including 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 17 employees (October 2024) |
| 2023 | Reached 18 employees (December 2023) |
| 2022 | Reached 21 employees (December 2022) |
| 2021 | Reached 27 employees (December 2021) |
| 2021 | Reached 19 employees (April 2021) |
Frequently Asked Questions about Yordex
What is Yordex's revenue?
Yordex generates an estimated $1.9M in annual revenue.
Who founded Yordex?
Yordex was founded by Erik De Kroon.
Who is the CEO of Yordex?
The CEO of Yordex is Erik De Kroon.
How much funding does Yordex have?
Yordex is bootstrapped and has not raised outside funding.
How many employees does Yordex have?
Yordex has 17 employees.
Where is Yordex headquarters?
Yordex is headquartered in Waterloo, England, United Kingdom.
Compare Yordex to the industry
Yordex operates across multiple industries. Browse revenue, funding, and growth data for Yordex 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.
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