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2024 Revenue

$5.5M

Funding

$7.5M

YOY

42.3%

Team

35

Founded

2018

How Brainworks Software Development CEO Phil Petzold grew to $5.5M revenue with a 35 person team in 2024.

Brainworks builds trustworthy intelligent machines, and applies them to solve complex global challenges.

Last updated

Brainworks Software Development Revenue

In 2024, Brainworks Software Development's revenue reached $5.5M. The company previously reported $3.9M in 2023. Since its launch in 2018, Brainworks Software Development has shown consistent revenue growth.

Brainworks Software Development Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M2018201920202021202220232024$0$3.2M$3.9M$5.5MSource: GetLatka.com
YearMilestoneQuote
2024Brainworks Software Development Hit $5.5m revenue in October 2024
2023Brainworks Software Development Hit $3.9m revenue in December 2023
2021Brainworks Software Development Hit $3.2m revenue in March 2021
2018Launched with $0 revenue

Brainworks Software Development Valuation, Funding Rounds

Brainworks Software Development has not publicly disclosed its valuation. The company has raised $7.5M in total funding to date.

Brainworks Software Development has raised $7.5M in total funding across 1 round, with its most recent round in 2021.

Brainworks Software Development Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M2018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Funding round$7.5M--

Founder / CEO

Phil Petzold

CEO

Senior financial professional with more than twenty years of experience in developing and implementing strategic plans, budgets, financial policy, cash management, accounting procedures, and management of debt and credit facilities. Strong organizational, analytical, problem solving, communication, mentoring and relationship management skills.

Q&A

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Customers

We do not have customer count information for Brainworks Software Development yet.

Brainworks Software Development Employees & Team Size

Brainworks Software Development employs approximately 35 people as of 2026, up from 32 in 2023.

Brainworks Software Development Team GrowthReported headcount over time0102030402018201920202021202220232024003535Source: GetLatka.com
YearMilestone
2024Reached 35 employees (December 2024)
2024Reached 33 employees (October 2024)
2023Reached 32 employees (December 2023)
2022Reached 36 employees (December 2022)
2021Reached 32 employees (December 2021)
2021Reached 36 employees (March 2021)

Frequently Asked Questions about Brainworks Software Development

What is Brainworks Software Development's revenue?

Brainworks Software Development generates an estimated $5.5M in annual revenue.

Who founded Brainworks Software Development?

Brainworks Software Development was founded by Phil Petzold.

Who is the CEO of Brainworks Software Development?

The CEO of Brainworks Software Development is Phil Petzold.

How much funding does Brainworks Software Development have?

Brainworks Software Development raised $7.5M across 1 round.

How many employees does Brainworks Software Development have?

Brainworks Software Development has 35 employees.

Where is Brainworks Software Development headquarters?

Brainworks Software Development is headquartered in Central Islip, New York, United States.

Compare Brainworks Software Development to the industry

Brainworks Software Development operates across multiple industries. Browse revenue, funding, and growth data for Brainworks Software Development in each sector below.

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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