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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).
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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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
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.
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Certfocus serves 180 customers.
Certfocus employs approximately 25 people as of 2026, down from 29 in 2023, including 17 sales reps that carry a quota. It serves 180 customers that rely on its solutions.
Certfocus generates an estimated $3.1M in annual revenue.
Certfocus was founded by Joseph Sforzo.
The CEO of Certfocus is Joseph Sforzo.
Certfocus is bootstrapped and has not raised outside funding.
Certfocus has 25 employees.
Certfocus is headquartered in Kansas City, Missouri, United States.
Certfocus operates across multiple industries. Browse revenue, funding, and growth data for Certfocus in each sector below.
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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2024 Revenue
$3.1M(Est.)
Customers
180
Funding
$0
Avg ACV
$17.4K
Team
25
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2024 | Certfocus Hit $3.1m revenue in October 2024 | Estimated |
| 2023 | Certfocus Hit $2.9m revenue in December 2023 | Estimated |
| 2021 | Certfocus Hit $2.4m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 25 employees (October 2024) | |
| 2023 | Reached 29 employees (December 2023) | |
| 2022 | Reached 29 employees (December 2022) | |
| 2021 | Reached 28 employees (December 2021) | |
| 2021 | Reached 28 employees (April 2021) |
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