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Yordex Revenue (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.

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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.

Yordex Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$400K$800K$1.2M$1.6M$2M20172018201920202021202220232024$0$1.6M$1.3M$1.9MSource: GetLatka.com
YearMilestoneSource
2024Yordex Hit $1.9m revenue in October 2024Estimated
2023Yordex Hit $1.3m revenue in December 2023Estimated
2021Yordex Hit $1.6m revenue in April 2021
2017Launched 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.

Yordex Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12017Source: GetLatka.com
YearRoundAmountValuation% SoldSource

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.

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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.

Yordex Team GrowthReported headcount over time061218243020172018201920202021202220232024001717Source: GetLatka.com
YearMilestoneSource
2024Reached 17 employees (October 2024)
2023Reached 18 employees (December 2023)
2022Reached 21 employees (December 2022)
2021Reached 27 employees (December 2021)
2021Reached 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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Yordex Revenue 2024: $1.9M Est. ARR (Bootstrapped)