2024 Revenue
$1.7M
Funding
$0
YOY
42.4%
Team
11
Founded
2018
How OpenWrench CEO Matt Velker grew to $1.7M revenue with a 11 person team in 2024.
We help retailers and restaurant chains manage repairs and maintenance across all their locations.
Last updated
OpenWrench Revenue
In 2024, OpenWrench's revenue reached $1.7M. The company previously reported $1.2M in 2023. Since its launch in 2018, OpenWrench has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | OpenWrench Hit $1.7m revenue in October 2024 | |
| 2023 | OpenWrench Hit $1.2m revenue in December 2023 | |
| 2021 | OpenWrench Hit $392k revenue in January 2021 | |
| 2018 | Launched with $0 revenue |
OpenWrench Valuation, Funding Rounds
OpenWrench is a bootstrapped Other Vertical Industry Software startup. Founded in 2018, OpenWrench has grown to $1.7M in revenue without raising any venture capital or outside funding.
As a self-funded Other Vertical Industry Software SaaS company, OpenWrench has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
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 OpenWrench yet.
OpenWrench Employees & Team Size
OpenWrench employs approximately 11 people as of 2026, down from 13 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 11 employees (October 2024) |
| 2023 | Reached 13 employees (December 2023) |
| 2022 | Reached 12 employees (December 2022) |
| 2021 | Reached 5 employees (December 2021) |
| 2021 | Reached 4 employees (January 2021) |
Frequently Asked Questions about OpenWrench
What is OpenWrench's revenue?
OpenWrench generates an estimated $1.7M in annual revenue.
Who founded OpenWrench?
OpenWrench was founded by Matt Velker.
Who is the CEO of OpenWrench?
The CEO of OpenWrench is Matt Velker.
How much funding does OpenWrench have?
OpenWrench is bootstrapped and has not raised outside funding.
How many employees does OpenWrench have?
OpenWrench has 11 employees.
Where is OpenWrench headquarters?
OpenWrench is headquartered in San Francisco, California, United States.
Compare OpenWrench to the industry
OpenWrench operates across multiple industries. Browse revenue, funding, and growth data for OpenWrench 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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