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2024 Revenue

$2.7M

Funding

$6.3M

YOY

88.6%

Team

20

Founded

2015

How FortifyData CEO Bob Morrell grew to $2.7M revenue with a 20 person team in 2024.

Developer of a cyber risk analysis platform intended to help companies assess and monitor risks of mission-critical resources. The company's offerings include vendor risk assessment and monitoring, company record checks, network vulnerability management, historical data breach record checks and web application security analysis, enabling businesses to provide data protection with the latest industry standards.

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FortifyData Revenue

In 2024, FortifyData's revenue reached $2.7M. The company previously reported $1.4M in 2023. Since its launch in 2015, FortifyData has shown consistent revenue growth.

FortifyData Revenue GrowthReported revenue / ARR over time$0$600K$1M$2M$2M$3M201520172019202120232024$0$2M$1M$3MSource: GetLatka.com
YearMilestoneQuote
2024FortifyData Hit $2.7m revenue in October 2024
2023FortifyData Hit $1.4m revenue in October 2023
2021FortifyData Hit $1.8m revenue in April 2021
2015Launched with $0 revenue

FortifyData Valuation, Funding Rounds

FortifyData has not publicly disclosed its valuation. The company has raised $6.3M in total funding to date.

FortifyData has raised $6.3M in total funding across 2 rounds, most recently a $5M Series A round in 2022.

FortifyData Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$3M$0.6$5M$0.8$6M$1$8M20152016201720182019202020212022Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2022Series A$5M--
2019Seed Round$1.3M--

Founder / CEO

Bob Morrell

Bob Morrell is the CEO of FortifyData – a cyber-risk management platform. A renowned authority on enterprise software and cloud computing in the risk management and insurance industry, Bob has spent over 25 years building industry-leading companies. This current role marks the third time in Bob Morrell’s career that he’s been at the helm of an Atlanta software startup. His previous two companies, Riskonnect and Risk Laboratories, were successfully acquired by private equity firms Thoma Bravo and Symphony Technology Group, respectively. After selling Riskonnect in 2017, Bob focused on helping other Atlanta-based startups. He is currently a board advisor to Riskonnect, a board member of Citiri, an advisor to Parmonic, and a mentor to numerous other companies. Upon meeting the founder of FortifyData, Victor Gamra, Bob understood the position FortifyData plays in the cybersecurity space, and decided to come on board.

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Customers

We do not have customer count information for FortifyData yet.

FortifyData Employees & Team Size

FortifyData employs approximately 20 people as of 2026, including 15 sales reps that carry a quota.

FortifyData Team GrowthReported headcount over time0815233038201520172019202120232024002020Source: GetLatka.com
YearMilestone
2024Reached 20 employees (October 2024)
2023Reached 20 employees (October 2023)
2022Reached 33 employees (October 2022)
2022Reached 33 employees (January 2022)
2021Reached 30 employees (December 2021)
2021Reached 21 employees (April 2021)

Frequently Asked Questions about FortifyData

What is FortifyData's revenue?

FortifyData generates $2.7M in revenue.

Who founded FortifyData?

FortifyData was founded by Bob Morrell.

Who is the CEO of FortifyData?

The CEO of FortifyData is Bob Morrell.

How much funding does FortifyData have?

FortifyData raised $6.3M.

How many employees does FortifyData have?

FortifyData has 20 employees.

Where is FortifyData headquarters?

FortifyData is headquartered in Kennesaw, Georgia, 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.

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FortifyData Revenue 2024: $2.7M ARR, $6.3M Raised