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How Velvet Suite CEO Melissa Dawn Simkins grew Velvet Suite to $5M revenue with a 1 person team in 2024.

Global enterprise leadership and lifestyle SaaS platform backed by purpose-powered methodology to accelerate women into leadership three times faster

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Velvet Suite Revenue

In 2024, Velvet Suite's revenue reached $5M. Since its launch in 2006, Velvet Suite has shown consistent revenue growth.

Velvet Suite Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2006200820102012201420162018202020222024$0$5MSource: GetLatka.com
YearMilestone
2024Velvet Suite Hit $5m revenue in June 2024
2006Launched with $0 revenue

Velvet Suite Valuation, Funding Rounds

Velvet Suite's most recent disclosed valuation is $15M.

Velvet Suite is a bootstrapped Talent Management Software startup. Founded in 2006, Velvet Suite has grown to $5M in revenue without raising any venture capital or outside funding.

As a self-funded Talent Management Software SaaS company, Velvet Suite has built its business with no outside investment.

Velvet Suite 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% Sold

Velvet Suite Employees & Team Size

Velvet Suite employs approximately 1 people as of 2026.

Velvet Suite has 1 total employees in different roles and functions.

Velvet Suite Team GrowthReported headcount over time00111120062008201020122014201620182020202220240011Source: GetLatka.com
YearMilestone
2024Reached 1 employees (November 2024)

Founder / CEO

Melissa Dawn Simkins

Melissa Dawn Simkins is listed as Founder / CEO at Velvet Suite.

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Customers

We do not have customer count information for Velvet Suite yet.

Frequently Asked Questions about Velvet Suite

What is Velvet Suite's revenue?

Velvet Suite generates $5M in revenue.

Who founded Velvet Suite?

Velvet Suite was founded by Melissa Dawn Simkins.

Who is the CEO of Velvet Suite?

The CEO of Velvet Suite is Melissa Dawn Simkins.

How much funding does Velvet Suite have?

Velvet Suite raised $0.

How many employees does Velvet Suite have?

Velvet Suite has 1 employees.

Where is Velvet Suite headquarters?

Velvet Suite is headquartered in Reston, Virginia, United States.

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Compare Velvet Suite to the industry

Velvet Suite operates across multiple industries. Browse revenue, funding, and growth data for Velvet Suite 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 .

Velvet Suite Revenue 2024: $5M ARR, $15M Valuation