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Valuation

$16.1M

2021 Revenue

$5.4M

Customers

900

Funding

$0

Avg ACV

$6K

Team

146

Founded

2007

How Geoforce CEO James Maclean grew to $5.4M revenue and 900 customers in 2021.

Provider of cloud-based software platform with rugged GPS tracking devices designed to provide visibility and control over customers field operations. The company strives to build the largest global network of connected field assets to alleviate the chaos and pain of field operations with technology by providing operational intelligence to companies involved in field operations around the world. Combining a cloud-based software platform with rugged GPS devices and global satellite and cellular networks, the company's Track and Trace solutions include efficient asset location and retrieval, rental invoice auditing, service delivery verification, inspection compliance, equipment maintenance alerts, and a host of others.

Last updated

Geoforce Revenue

In 2021, Geoforce's revenue reached $5.4M. Since its launch in 2007, Geoforce has shown consistent revenue growth.

Geoforce Revenue GrowthReported revenue / ARR over time$0$1M$3M$4M$5M$6M20072009201120132015201720192021$0$5MSource: GetLatka.com
YearMilestoneQuote
2021Geoforce Hit $5.4m revenue in April 2021
2007Launched with $0 revenue

Geoforce Valuation, Funding Rounds

Geoforce's most recent disclosed valuation is $16.1M.

Geoforce is a bootstrapped IoT Platforms startup. Founded in 2007, Geoforce has grown to $5.4M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Platforms SaaS company, Geoforce has built its business with no outside investment.

Geoforce 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$12007Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

James Maclean

CEO and President of Geoforce since September 2007 to present. Geoforce provides asset management solutions utilizing a blend of GPS, RFID, and other wireless technologies accessible via customizable web-based software and enterprise grade web services. With years of experience in the Oil & Gas industry and the largest satellite asset tracking deployment in the Gulf of Mexico, Geoforce is proven to increase efficiency, transparency, and profits.

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Customers

Geoforce serves 900 customers.

Geoforce Employees & Team Size

Geoforce employs approximately 146 people as of 2026, including 2 sales reps that carry a quota. It serves 900 customers that rely on its solutions.

Geoforce Team GrowthReported headcount over time040801201602007200920112013201520172019202100146146Source: GetLatka.com
YearMilestone
2021Reached 146 employees (April 2021)

Frequently Asked Questions about Geoforce

What is Geoforce's revenue?

Geoforce generates $5.4M in revenue.

Who founded Geoforce?

Geoforce was founded by James Maclean.

Who is the CEO of Geoforce?

The CEO of Geoforce is James Maclean.

How much funding does Geoforce have?

Geoforce raised $0.

How many employees does Geoforce have?

Geoforce has 146 employees.

Where is Geoforce headquarters?

Geoforce is headquartered in Coppell, Texas, United States.

Compare Geoforce to the industry

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

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Geoforce Revenue 2021: $5.4M ARR, $16.1M Valuation