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How Charles IT CEO Foster Charles grew Charles IT to $11.6M revenue with a 106 person team in 2024.

Firm offering business-to-business IT and cybersecurity services: vulnerability assessments, encryption, backup and recovery, cloud, VoIP and more

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Charles IT Revenue

In 2024, Charles IT's revenue reached $11.6M. Since its launch in 2006, Charles IT has shown consistent revenue growth.

Charles IT Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M2006200820102012201420162018202020222024$0$12MSource: GetLatka.com
YearMilestoneQuote
2024Charles IT Hit $11.6m revenue in November 2024
2006Launched with $0 revenue

Charles IT Valuation, Funding Rounds

Charles IT's most recent disclosed valuation is $34.8M.

Charles IT is a bootstrapped Data Recovery Software startup. Founded in 2006, Charles IT has grown to $11.6M in revenue without raising any venture capital or outside funding.

As a self-funded Data Recovery Software SaaS company, Charles IT has built its business with no outside investment.

Charles IT Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120062006 cumulative: $0 • 2006 Founded: $02006 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Charles IT Employees & Team Size

Charles IT employs approximately 106 people as of 2026.

Charles IT Team GrowthReported headcount over time0255075100125200620082010201220142016201820202022202400106106Source: GetLatka.com
YearMilestone
2024Reached 106 employees (December 2024)
2024Reached 106 employees (November 2024)

Founder / CEO

Foster Charles

Foster Charles is listed as Founder / CEO at Charles IT.

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Customers

We do not have customer count information for Charles IT yet.

Frequently Asked Questions about Charles IT

What is Charles IT's revenue?

Charles IT generates $11.6M in revenue.

Who founded Charles IT?

Charles IT was founded by Foster Charles.

Who is the CEO of Charles IT?

The CEO of Charles IT is Foster Charles.

How much funding does Charles IT have?

Charles IT raised $0.

How many employees does Charles IT have?

Charles IT has 106 employees.

Where is Charles IT headquarters?

Charles IT is headquartered in Middletown, Connecticut, United States.

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Compare Charles IT to the industry

Charles IT operates across multiple industries. Browse revenue, funding, and growth data for Charles IT in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Data Disclaimer

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Charles IT Revenue 2024: $11.6M ARR, $34.8M Valuation