Latka logo

2024 Revenue

$3.8M

Customers

400

Funding

$0

YOY

96.3%

Avg ACV

$9.4K

Team

76

Founded

2004

How EmpowerID CEO Patrick Parker grew to $3.8M revenue and 400 customers in 2024.

Developer of a cloud security platform designed to facilitate all-in-one identity management. The company's platform utilizes attribute-based authorization engine to handle complex organizations and even multi-tenant SaaS providers and offers features such as single sign-on, user provisioning, identity governance, group management, role mining, delegated identity administration, password management, privileged access management, access management for SharePoint, and an identity platform for application developers, enabling organizations to minimize administrative workloads and overall risk profile.

Last updated

EmpowerID Revenue

In 2024, EmpowerID's revenue reached $3.8M. The company previously reported $1.9M in 2023. Since its launch in 2004, EmpowerID has shown consistent revenue growth.

EmpowerID Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M20042006200820102012201420162018202020222024$0$1.3M$3.8MSource: GetLatka.com
YearMilestoneQuote
2024EmpowerID Hit $3.8m revenue in October 2024
2023EmpowerID Hit $1.9m revenue in December 2023
2021EmpowerID Hit $1.3m revenue in April 2021
2004Launched with $0 revenue

EmpowerID Valuation, Funding Rounds

EmpowerID is a bootstrapped Other Process Automation Software startup. Founded in 2004, EmpowerID has grown to $3.8M in revenue without raising any venture capital or outside funding.

As a self-funded Other Process Automation Software SaaS company, EmpowerID has built its business with no outside investment.

EmpowerID Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12004Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Patrick Parker

CEO

He is the founder and CEO of EmpowerID and have spent the last 20 years in identity management. His previous background was in evolutionary biology and genetics research which he now apply to developing EmpowerID with its novel role and attribute-based access control and workflow orchestration approach to Identity and Access Management. He hold an MBA from The Ohio State University, an MS in Biology from Pennsylvania State University, and a BS in Zoology from Ohio University.

Q&A

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

Customers

EmpowerID serves 400 customers.

EmpowerID Employees & Team Size

EmpowerID employs approximately 76 people as of 2026, up from 67 in 2023, including 5 sales reps that carry a quota. It serves 400 customers that rely on its solutions.

EmpowerID Team GrowthReported headcount over time02040608020042006200820102012201420162018202020222024007676Source: GetLatka.com
YearMilestone
2024Reached 76 employees (October 2024)
2023Reached 67 employees (December 2023)
2022Reached 60 employees (December 2022)
2021Reached 55 employees (December 2021)
2021Reached 56 employees (April 2021)

Frequently Asked Questions about EmpowerID

What is EmpowerID's revenue?

EmpowerID generates an estimated $3.8M in annual revenue.

Who founded EmpowerID?

EmpowerID was founded by Patrick Parker.

Who is the CEO of EmpowerID?

The CEO of EmpowerID is Patrick Parker.

How much funding does EmpowerID have?

EmpowerID is bootstrapped and has not raised outside funding.

How many employees does EmpowerID have?

EmpowerID has 76 employees.

Where is EmpowerID headquarters?

EmpowerID is headquartered in Dublin, Ohio, United States.

Compare EmpowerID to the industry

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

People Also Viewed

HireSweet logo

HireSweet

Use HireSweet CRM and HireSweet Marketplace to attract more candidates across all roles.

Quicksilva logo

Quicksilva

Provider of systems integration and messaging services based in the United Kingdom. The company offers integration, consultancy, managed and partner services, enabling health, social care and other industries to get affordable services.

Veridium logo

Veridium

Developer of a biometric identification platform intended to reduce data breaches and fraudulent transactions. The company's platform replaces tokens and passwords and instead uses a single-step multi-factor biometric authentication feature to verify data and distribute the storage between the device and server and avoid external intrusions, enabling businesses to detect and eliminate unwanted breaches, hence maintaining data privacy.

Wiztopic logo

Wiztopic

Developer of a cloud-based SaaS platform and a new generation of a corporate communications platform. The company corporate communications platform is dedicated to corporate and financial communication executives. It helps them to streamline content management, SEO, social and multichannel distribution, stakeholder relationships and performance assessment, in full compliance with their sectors' constraints. It manages all content formats (video, images, text, infographics, audio) and is adapted to mobile or other devices, enabling businesses executives to simplifies corporate and financial content distribution, stakeholders relationship management, event organization and tracking of communication performance.

Think Exam logo

Think Exam

Think exam enables educators, publishers & trainers to conduct any types exam that include online exam, offline exam & paper-pencil exam.With Think Exam, you can create your online question bank, make online tests, bundle up all your tests to create a package & then allow student to buy access. Think Exam leverage you a structured step-by-step process for conducting online, offline & paper-pencil based examination

Thing Technologies logo

Thing Technologies

Developer of a SaaS platform intended for asset management. The company's platform functions as the brain of a networked building that receives the signals of all sensors process them and reacts by invoking actuator services, enabling owners, tenants, employees and facility managers to be cost-effectively and optimize building utilization.