Latka logo
ConnectWise logo

ConnectWise

Tampa, Florida, United States

Valuation

$1.5B

2018 Revenue

$243M

Customers

100K

Funding

$585K

Avg ACV

$2.4K

Team · 2023

2.8K

Founded

1982

ConnectWise Revenue, Valuation & Funding (2018)

ConnectWise generated $243M in revenue in 2018.

ConnectWise is a software company that provides a suite of business management solutions designed for technology service providers, including IT companies, managed service providers (MSPs), and other service-based businesses. The company's software includes tools for help desk and ticketing management, project management, time tracking, invoicing, and more, all aimed at improving productivity and profitability for its users. ConnectWise was founded in 1982 and is headquartered in Tampa, Florida.

Last updated

ConnectWise Revenue

In 2018, ConnectWise's revenue reached $243M.

ConnectWise Revenue GrowthReported revenue / ARR over time$0$60M$120M$180M$240M$300M1982198419861988199019921994199619982000200220042006200820102012201420162018$0$243MSource: GetLatka.com
YearMilestoneSource
2018ConnectWise Hit $243m revenue in December 2018Not recorded
1982Launched with $0 revenue

ConnectWise Valuation, Funding Rounds

ConnectWise reached a $1.5B valuation in 2018, set during its M&A Offer round.

ConnectWise has raised $585K in total funding across 1 round, most recently a $585K Seed round in 2019.

ConnectWise Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$400M$125K$800M$250K$1.2B$375K$1.6B$500K$2B$625K19821984198619881990199219941996199820002002200420062008201020122014201620182019$1.5BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2019Seed$585K--Not recorded
2018M&A Offer-$1.5B-Not recorded

Customers

ConnectWise serves 100K customers.

ConnectWise Employees & Team Size

ConnectWise employs approximately 2.8K people as of 2026, up from 1.4K in 2020, including 233 sales reps that carry a quota. It serves 100K customers that rely on its solutions.

ConnectWise Team GrowthReported headcount over time06001,2001,8002,4003,0001982198419861988199019921994199619982000200220042006200820102012201420162018202020222023002,8102,810Source: GetLatka.com
YearMilestoneSource
2023Reached 2.8K employees (July 2023)Not recorded
2020Reached 1.4K employees (December 2020)Not recorded
2020Reached 251 employees (August 2020)Not recorded
2020Reached 1.4K employees (June 2020)Not recorded
2019Reached 1.2K employees (December 2019)Not recorded
2018Reached 1.1K employees (December 2018)Not recorded

Frequently Asked Questions about ConnectWise

Is ConnectWise still an independent company?

No. ConnectWise was acquired.

What is ConnectWise's revenue?

As of 2018, ConnectWise generated $243M in revenue.

When was ConnectWise founded?

ConnectWise was founded in 1982.

How much funding does ConnectWise have?

ConnectWise raised $585K across 1 round.

How many employees does ConnectWise have?

As of 2023, ConnectWise had 2.8K employees.

Where is ConnectWise headquartered?

ConnectWise is headquartered in Tampa, Florida, 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.

Claim this profile