How is an 18-month-old company with 34 employees worth $US2b? Last week Pipe Technologies raised $US250 million and awarded itself the title of fastest start-up ever to reach a $US2 billion, so whatâs the deal with the âNasdaq of revenueâ? Save Share Last week Pipe Technologies raised $US250 million ($323 million) and awarded itself the title of fastest start-up ever to reach a $US2 billion valuation. This is impressive after just 18 months, particularly as the size of its investor group might exceed its employee count of 34. Revenue is probably a couple of million a month, but the genius that attracted investors like Shopify and Salesforce.com founder Marc Benioff is how Pipe has created a market of sorts for software as a service (SaaS) firms, which it describes as the âNasdaq for Revenueâ, by treating a start-upâs existing customer contracts as if they were home loans.