Latka logo

How Certfocus CEO Joseph Sforzo grew Certfocus to $3.1M revenue and 180 customers in 2024.

Certfocus is the service and compliance leader in SaaS-based certificate of insurance and related document management to the fortune 500 and leading public sector community. Certfocus is an equity partner with iso (insurance services office, now part of the verisk analytics family of companies), a nasdaq listed company (symbol: vrsk).

Last updated

Certfocus Revenue

In 2024, Certfocus's revenue reached $3.1M. The company previously reported $2.9M in 2023. Since its launch in 2011, Certfocus has shown consistent revenue growth.

Certfocus Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M20112013201520172019202120232024$0$2M$3M$3MSource: GetLatka.com
YearMilestone
2024Certfocus Hit $3.1m revenue in October 2024
2023Certfocus Hit $2.9m revenue in December 2023
2021Certfocus Hit $2.4m revenue in April 2021
2011Launched with $0 revenue

Certfocus Valuation, Funding Rounds

Certfocus is a bootstrapped Insurance Software startup. Founded in 2011, Certfocus has grown to $3.1M in revenue without raising any venture capital or outside funding.

As a self-funded Insurance Software SaaS company, Certfocus has built its business with no outside investment.

Certfocus Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120112011 cumulative: $0 • 2011 Founded: $02011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Certfocus Employees & Team Size

Certfocus employs approximately 25 people as of 2026, down from 29 in 2023.

Certfocus has 25 total employees in different roles and functions and 17 sales reps that carry a quota. They have 180 customers that rely on the company's solutions.

Certfocus Team GrowthReported headcount over time081523303820112013201520172019202120232024002525Source: GetLatka.com
YearMilestone
2024Reached 25 employees (October 2024)
2023Reached 29 employees (December 2023)
2022Reached 29 employees (December 2022)
2021Reached 28 employees (December 2021)
2021Reached 28 employees (April 2021)

Founder / CEO

Joseph Sforzo

Mr. Sforzo is the founder of CertFocus and remains as President and CEO. As founder, Joe implanted many of the core values of the company that remain today. Creating an environment for the most talented staff, CertFocus is now recognized as an industry innovator and continues to push the value delivery of its systems and services. In 1999, Mr. Sforzo developed a patented web-based secure process for executing surety bonds, Surety2000, which is used on a daily basis by virtually every major firm in the industry, including both brokerages and sureties. Within the business plan for Surety2000 was CertFocus, which is now the world's leading Certificate of Insurance management and vendor compliance improvement system. Joe is a guest speaker at many industry functions and in addition, he is a quarterly guest speaker at Columbia University’s Construction Management and Engineering Program. Joe is a graduate of Hofstra University holding a BBA in Finance.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Certfocus acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Certfocus

What is Certfocus's revenue?

Certfocus generates $3.1M in revenue.

Who founded Certfocus?

Certfocus was founded by Joseph Sforzo.

Who is the CEO of Certfocus?

The CEO of Certfocus is Joseph Sforzo.

How much funding does Certfocus have?

Certfocus raised $0.

How many employees does Certfocus have?

Certfocus has 25 employees.

Where is Certfocus headquarters?

Certfocus is headquartered in Kansas City, Missouri, United States.

People Also Viewed

NextME logo

NextME

NextME makes it simple for businesses to manage waitlists and serve more customers. Track visits and wait times, engage your customers in real-time with a custom virtual waiting room, and grow your business like never before. NextME leverages proprietary historical data to help businesses quote more accurate wait times during peak hours. We believe in superior customer service and that waiting in line can be done virtually, not physically. NextME's digital waitlist for businesses is available to download in the App Store today: http://apple.co/1IUTQWw We're hiring! See our current opening positions here: https://bit.ly/3llzOho Need an extra hand with a product demo? Give us a call at (877) 639-8631

BluAgent logo

BluAgent

BluAgent Technologies is a fully integrated SaaS platform that streamlines and simplify the entire safety and compliance process

Filtered.ai logo

Filtered.ai

Filtered uses performance data to maximize the quality of your current and future workforce.

Headway Essex logo

Headway Essex

Headway Essex is a charity that supports people living with acquired brain injury, ensuring they can live a fulfilling life.

Digital Horizon logo

Digital Horizon

Digital Horizon is a VC firm focused on backing exceptional entrepreneurs building B2B software-based solutions and marketplaces. With a presence in London, Tel Aviv and Moscow, Digital Horizon aims to seek out early-stage technology companies with the ultimate goal to assist them in building and scaling their business.

Trefis logo

Trefis

Provider of a business analysis technology. The company provides a data analytics technology for investors and decision-makers in business that allows users to share, use, and collaborate on analysis.

Compare Certfocus to the industry

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

Certfocus Revenue 2024: $3.1M ARR (Bootstrapped)