2024 Revenue
$32.9M
Funding
$0
YOY
79%
Team
192
Founded
2010
How Devolutions CEO David Hervieux grew Devolutions to $32.9M revenue with a 192 person team in 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 |
|---|---|
| 2024 | Devolutions Hit $32.9m revenue in October 2024 |
| 2023 | Devolutions Hit $18.4m revenue in December 2023 |
| 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 |
|---|
Devolutions Employees & Team Size
Devolutions employs approximately 192 people as of 2026, up from 173 in 2023.
Devolutions has 192 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 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) |
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.
Frequently Asked Questions about Devolutions
What is Devolutions's revenue?
Devolutions generates $32.9M in 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 raised $0.
How many employees does Devolutions have?
Devolutions has 192 employees.
Where is Devolutions headquarters?
Devolutions is headquartered in Lavaltrie, Quebec , Canada.
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Compare Devolutions to the industry
Devolutions operates across multiple industries. Browse revenue, funding, and growth data for Devolutions 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 .
