Almedia hit $100M revenue

Oct 13, 2025

Almedia is a Berlin-based company that has successfully bootstrapped its way to over $100 million in annual revenue.

The company has achieved this remarkable milestone with a relatively small team of about 100 employees, focusing on a profitable growth model by reinvesting profits instead of taking external funding.

Almedia's business centers around Reward-based User Acquisition in mobile gaming, where users complete in-game missions and surveys to earn real-world rewards, which has fueled their rapid growth and user engagement.

They have reached over 50 million users on their platform Freecash, and have been recognized as one of Europe's fastest-growing companies, ranking third in the FT1000 list based on their 18,773.2% revenue growth between 2020 and 2023.

Despite their impressive scale, they plan to stay bootstrapped and continue investing in technology and talent to sustain growth.