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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
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.
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 | Source |
|---|
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.
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We do not have customer count information for Yordex yet.
Yordex employs approximately 17 people as of 2026, down from 18 in 2023, including 3 sales reps that carry a quota.
Yordex generates an estimated $1.9M in annual revenue.
Yordex was founded by Erik De Kroon.
The CEO of Yordex is Erik De Kroon.
Yordex is bootstrapped and has not raised outside funding.
Yordex has 17 employees.
Yordex is headquartered in Waterloo, England, United Kingdom.
Yordex operates across multiple industries. Browse revenue, funding, and growth data for Yordex 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
$1.9M(Est.)
Funding
$0
Team
17
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Yordex Hit $1.9m revenue in October 2024 | Estimated |
| 2023 | Yordex Hit $1.3m revenue in December 2023 | Estimated |
| 2021 | Yordex Hit $1.6m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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