Valuation
$18.5M
2024 Revenue
$26.5M
Customers
20K
Funding
$0
Avg ACV
$1.3K
Team
117
Founded
2006
How BoardPAC CEO Lakmini Wijesundera grew to $26.5M revenue and 20K customers in 2024.
BoardPAC is an effective way for board directors to access the board & committee papers and supplementary information directly on to their iPads and browser from anywhere
Last updated
BoardPAC Revenue
In 2024, BoardPAC's revenue reached $26.5M. The company previously reported $6.2M in 2020. Since its launch in 2006, BoardPAC has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | BoardPAC Hit $26.5m revenue in June 2024 | |
| 2020 | BoardPAC Hit $6.2m revenue in August 2020 | |
| 2006 | Launched with $0 revenue |
BoardPAC Valuation, Funding Rounds
BoardPAC's most recent disclosed valuation is $18.5M.
BoardPAC is a bootstrapped Security Compliance Software startup. Founded in 2006, BoardPAC has grown to $26.5M in revenue without raising any venture capital or outside funding.
As a self-funded Security Compliance Software SaaS company, BoardPAC has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
BoardPAC serves 20K customers.
BoardPAC Employees & Team Size
BoardPAC employs approximately 117 people as of 2026, up from 103 in 2023, including 13 sales reps that carry a quota. It serves 20K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 117 employees (December 2024) |
| 2024 | Reached 109 employees (October 2024) |
| 2023 | Reached 103 employees (September 2023) |
| 2023 | Reached 104 employees (January 2023) |
| 2022 | Reached 107 employees (January 2022) |
| 2021 | Reached 92 employees (August 2021) |
| 2020 | Reached 58 employees (December 2020) |
| 2020 | Reached 11 employees (August 2020) |
| 2020 | Reached 56 employees (June 2020) |
| 2019 | Reached 63 employees (December 2019) |
| 2018 | Reached 66 employees (December 2018) |
Frequently Asked Questions about BoardPAC
What is BoardPAC's revenue?
BoardPAC generates $26.5M in revenue.
Who founded BoardPAC?
BoardPAC was founded by Lakmini Wijesundera.
Who is the CEO of BoardPAC?
The CEO of BoardPAC is Lakmini Wijesundera.
How much funding does BoardPAC have?
BoardPAC raised $0.
How many employees does BoardPAC have?
BoardPAC has 117 employees.
Where is BoardPAC headquarters?
BoardPAC is headquartered in Austin, Texas, United States.
Data and Sources
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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