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908 Devices's peak revenue was $59.6M in 2024. The peak quarterly revenue was $18.8M in 2024(q4).
908 Devices's revenue increased from $18.0m in 2019 to $59.6M currently. That's a 231.8% change in annual revenue.
| Fiscal year / year | 908 Devices revenue |
|---|---|
| 2019 | $18.0M |
| 2020 | $26.9M |
| 2021 | $42.2M |
| 2022 | $46.9M |
| 2023 | $50.2M |
| 2024 | $59.6M |
How accurately did 908 Devices' revenue projections match actual performance?
908 Devices saw the greatest revenue growth in 2021, when revenue increased by 56.93%.
908 Devices had the lowest revenue growth in 2022, when revenue changed by 11.01%.
| Year | 908 Devices growth |
|---|---|
| 2020 | 50%↑ |
| 2021 | 57%↑ |
| 2022 | 11%↑ |
| 2023 | 7%↑ |
| 2024 | 19%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2020 | - | - | - | $5.7M |
| 2021 | $5.5M | $8.3M | $12.5M | $15.8M |
| 2022 | $8.3M | $11.1M | $15.8M | $11.6M |
| 2023 | $9.5M | $12.1M | $14.3M | $14.4M |
| 2024 | $10.0M | $14.0M | $16.8M | $18.8M |
Do you work at 908 Devices?
Is 908 Devices transparent about its revenue structure?
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 111 |
| Date Founded | 2012 |
| Headquarters | Boston, Massachusetts |
| Revenue | $59.6M |
| Net Income | -$33,563,000 |
| Gross Proft | $29.9M (2024) |
| Tax Rate | 0.0% |
| Total Assets | $242,587,000 |
| Ticker | MASS |
908 Devices received early financing of $8.1M on 2012-09-05.
| Series | Round size | Date |
|---|---|---|
| Series A | $8.1M | 09/2012 |
| Series B | $7M | 08/2013 |
| Grant | $2.6M | 09/2014 |
| Series C | $11.6M | 05/2015 |
| Series D | $20M | 03/2017 |
| Series E | $17.5M | 04/2019 |
| Investors | Security type |
|---|---|
| ARCH Venture Partners | Series A |
| In-Q-Tel | Series A |
| UTEC - The University of Tokyo Edge Capital | Series A |
| Razor's Edge Ventures | Series A |
| SCHLUMBERGER LIMITED/NV | Series B |
| ARCH Venture Partners | Series B |
| UTEC - The University of Tokyo Edge Capital | Series B |
| Razor's Edge Ventures | Series B |
| SCHLUMBERGER LIMITED/NV | Series C |
| ARCH Venture Partners | Series C |
| UTEC - The University of Tokyo Edge Capital | Series C |
| SAUDI ARAMCO ENERGY VENTURES | Series C |
| Razor's Edge Ventures | Series C |
| Tao Capital Partners | Series D |
| SCHLUMBERGER LIMITED/NV | Series D |
| Cormorant Asset Management | Series D |
| ARCH Venture Partners | Series D |
| SAUDI ARAMCO ENERGY VENTURES | Series D |
| Casdin Capital | Series D |
| Razor's Edge Ventures | Series D |
| Tao Capital Partners | Series E |
| SCHLUMBERGER LIMITED/NV | Series E |
| Sands Capital Ventures | Series E |
| Northpond Ventures LLC | Series E |
| SAUDI ARAMCO ENERGY VENTURES | Series E |
| ArchVentures SA | Series E |
| Casdin Capital | Series E |
| Razor's Edge Ventures | Series E |
Zippia gives an in-depth look into the details of 908 Devices, including salaries, political affiliations, employee data, and more, in order to inform job seekers about 908 Devices. The employee data is based on information from people who have self-reported their past or current employments at 908 Devices. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by 908 Devices. The data presented on this page does not represent the view of 908 Devices and its employees or that of Zippia.
908 Devices may also be known as or be related to 908 DEVICES INC., 908 Devices and 908 Devices Inc.