M-Files

M-Files

m-files.com ↗·Finland·Updated Jun 11, 2024

Finnish knowledge work automation company offering a document management platform that automates information workflows and compliance.

SaaSProductivityNo-Code

Est. Valuation

$650M

$649,999,980 · 5× ARR estimate

Monthly Revenue (MRR)

$10.8M

$10,833,333/mo

Annual Revenue (ARR)

$130M

$129,999,996/yr

Founded

2001

M-Files Revenue History

Revenue history for M-Files from 2022 to 2026.

YearMRRARRYoY GrowthSource
2022$7,500,000$90,000,000—Nov 2022
2024$10,833,333$130,000,000+44%Jun 2024

How M-Files Makes Money

subscriptions

M-Files Funding

M-Files is fully bootstrapped with no outside funding. The company has grown to $129,999,996 ARR organically.

M-Files Founders

Justin Kim

CFO

M-Files FAQ

How much does M-Files make?
M-Files generates $10,833,333 in monthly recurring revenue (MRR), which is $129,999,996 annualized (ARR). This revenue figure is self-reported by the founder.
What is M-Files's valuation?
M-Files's estimated valuation is $649,999,980, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded M-Files?
M-Files was founded in 2001 by Justin Kim (CFO). The company is based in FI.
Is M-Files bootstrapped?
Yes, M-Files is fully bootstrapped with no outside funding. The company has grown to $129,999,996 ARR organically as a solo-founder business.
What does M-Files do?
Finnish knowledge work automation company offering a document management platform that automates information workflows and compliance. M-Files operates in the SaaS, Productivity, No-Code space.

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How We Estimate M-Files'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.