Sirqul
IoT middleware SaaS platform that uses patented multi-radio hardware to track device locations and movement within buildings, serving verticals including casinos, hospitals, retail, and stadiums.
Est. Valuation
$18M
$18,000,000 · 5× ARR estimate
Monthly Revenue (MRR)
$300K
$300,000/mo
Annual Revenue (ARR)
$3.6M
$3,600,000/yr
Employees
20
Founded
2013
Sirqul Revenue History
Revenue history for Sirqul from 2018 to 2026.
| Year | MRR | ARR | YoY Growth | Source |
|---|---|---|---|---|
| 2018 | $300,000 | $0 | — | Sep 2018 |
How Sirqul Makes Money
Sirqul Funding
Sirqul is fully bootstrapped with no outside funding. The company has grown to $3,600,000 ARR organically.
Sirqul Founders
Robert Frederick
CEO
Sirqul FAQ
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How We Estimate Sirqul'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.