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How Foresoft CEO Ragy Thomas grew Foresoft to $5.9M revenue with a 1 person team in 2024.

ForeSoft Corporation, Chicago, IL – based company is an application service provider, offering web-based cutting edge technology solutions for database applications, project management and customer support automation.

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Foresoft Revenue

In 2024, Foresoft's revenue reached $5.9M. The company previously reported $854.6K in 2020. Since its launch in 2001, Foresoft has shown consistent revenue growth.

Foresoft Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2001200320052007200920112013201520172019202120232024$0$855K$6MSource: GetLatka.com
YearMilestone
2024Foresoft Hit $5.9m revenue in June 2024
2020Foresoft Hit $854.6k revenue in August 2020
2001Launched with $0 revenue

Foresoft Valuation, Funding Rounds

Foresoft's most recent disclosed valuation is $2.6M.

Foresoft is a bootstrapped Application Development Software startup. Founded in 2001, Foresoft has grown to $5.9M in revenue without raising any venture capital or outside funding.

As a self-funded Application Development Software SaaS company, Foresoft has built its business with no outside investment.

Foresoft Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120012001 cumulative: $0 • 2001 Founded: $02001 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Foresoft Employees & Team Size

Foresoft employs approximately 1 people as of 2026.

Foresoft has 1 total employees in different roles and functions.

Foresoft Team GrowthReported headcount over time001111200120032005200720092011201320152017201920200011Source: GetLatka.com
YearMilestone
2020Reached 1 employees (August 2020)

Founder / CEO

Ragy Thomas

Ragy Thomas is listed as Founder / CEO at Foresoft.

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Customers

We do not have customer count information for Foresoft yet.

Frequently Asked Questions about Foresoft

What is Foresoft's revenue?

Foresoft generates $5.9M in revenue.

Who founded Foresoft?

Foresoft was founded by Ragy Thomas.

Who is the CEO of Foresoft?

The CEO of Foresoft is Ragy Thomas.

How much funding does Foresoft have?

Foresoft raised $0.

How many employees does Foresoft have?

Foresoft has 1 employees.

Where is Foresoft headquarters?

Foresoft is headquartered in Long Grove, Illinois, United States.

Compare Foresoft to the industry

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

Foresoft Revenue 2024: $5.9M ARR, $2.6M Valuation