Condeco

Condeco

Acquired
condecosoftware.com·United Kingdom·Updated Nov 1, 2018

Enterprise workspace scheduling and room/desk management software with companion digital signage hardware for corporate real estate.

SaaSProductivityHardware

Est. Valuation

$240M

$240,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$4M

$4,000,000/mo

Annual Revenue (ARR)

$48M

$48,000,000/yr

Employees

400

Founded

2000

Condeco Revenue History

Revenue history for Condeco from 2018 to 2026.

YearMRRARRYoY GrowthSource
2018$4,000,000$48,000,000Nov 2018

How Condeco Makes Money

mixed

Condeco Funding

Condeco is fully bootstrapped with no outside funding. The company has grown to $48,000,000 ARR organically.

Condeco Founders

Paul Statham

CEO & Founder

Condeco FAQ

How much does Condeco make?
Condeco generates $4,000,000 in monthly recurring revenue (MRR), which is $48,000,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Condeco's valuation?
Condeco's estimated valuation is $240,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Condeco?
Condeco was founded in 2000 by Paul Statham (CEO & Founder). The company is based in GB.
Is Condeco bootstrapped?
Yes, Condeco is fully bootstrapped with no outside funding. The company has grown to $48,000,000 ARR organically as a solo-founder business.
What does Condeco do?
Enterprise workspace scheduling and room/desk management software with companion digital signage hardware for corporate real estate. Condeco operates in the SaaS, Productivity, Hardware space.

How We Estimate Condeco's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.