2024 Revenue
$32.9M(Est.)
Funding
$0
Team
192
Founded
2010
Devolutions Revenue (2024)
Devolutions is a leading provider of remote access and enterprise password management solutions for IT professionals and business users.
Last updated
Devolutions Revenue
In 2024, Devolutions's revenue reached $32.9M. The company previously reported $18.4M in 2023. Since its launch in 2010, Devolutions has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Devolutions Hit $32.9m revenue in October 2024 | Estimated |
| 2023 | Devolutions Hit $18.4m revenue in December 2023 | Estimated |
| 2020 | Devolutions Hit $4.2m revenue in August 2020 | |
| 2010 | Launched with $0 revenue |
Devolutions Valuation, Funding Rounds
Devolutions is a bootstrapped Other Process Automation Software startup. Founded in 2010, Devolutions has grown to $32.9M in revenue without raising any venture capital or outside funding.
As a self-funded Other Process Automation Software SaaS company, Devolutions has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Devolutions yet.
Devolutions Employees & Team Size
Devolutions employs approximately 192 people as of 2026, up from 173 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 192 employees (December 2024) | |
| 2024 | Reached 191 employees (October 2024) | |
| 2023 | Reached 173 employees (December 2023) | |
| 2022 | Reached 135 employees (December 2022) | |
| 2021 | Reached 108 employees (December 2021) | |
| 2020 | Reached 51 employees (August 2020) |
Frequently Asked Questions about Devolutions
What is Devolutions's revenue?
Devolutions generates an estimated $32.9M in annual revenue.
Who founded Devolutions?
Devolutions was founded by David Hervieux.
Who is the CEO of Devolutions?
The CEO of Devolutions is David Hervieux.
How much funding does Devolutions have?
Devolutions is bootstrapped and has not raised outside funding.
How many employees does Devolutions have?
Devolutions has 192 employees.
Where is Devolutions headquarters?
Devolutions is headquartered in Lavaltrie, Quebec, Canada.
Compare Devolutions to the industry
Devolutions operates across multiple industries. Browse revenue, funding, and growth data for Devolutions 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.
Claim this profilePeople Also Viewed
Revenue Grid
Guided Selling nudges sales teams with guidance towards actions that bring results, risky deals and steps with the greatest impact
KODE Labs
KODE is a versatile building management platform that enhances building systems, delivers cost savings, and boosts profitability for real estate owners. By consolidating and standardizing data from various building systems, KODE offers a unified interface that enables centralized monitoring, control, and optimization of operations across the real estate portfolio. This comprehensive approach enhances energy efficiency, prolongs equipment longevity, and enhances tenant satisfaction.
lempire
lempire is a group of passionate and curious individuals who have a very healthy obsession with building the world’s finest products and helping entrepreneurs worldwide grow profitable and successful businesses.
OneOrigin
Ground-breaking technology driven establishment with a mission to deliver value through astounding focus and an exceptional innovative mindset.
GigPro
Gigpro is the leading on-demand labor marketplace for the hospitality industry, connecting experienced food and beverage workers with businesses that need shifts filled on demand.
TECH-HUB
TECH-HUB is a certified IBM platinum Partner in Egypt, specializing in AI, cloud, digital transformation solutions. It aims to be the premier IT technical support provider in the MEA region, focusing on technical support services.
