Valuation
$2.2M
2024 Revenue
$735.1K
Funding
$0
YOY
75.9%
Team
2
Founded
2018
How Glove Systems CEO Ray Simonson grew Glove Systems to $735.1K revenue with a 2 person team in 2024.
Developer of a 3D scanning software designed to visualize the design in 3D and also check their work in progress against the design in the cloud. The company's software lets its users quickly inspect received components, built assemblies, sub-assemblies, and modules, store all as-built documentation on cloud and find assembly errors during the fabrication, enabling workers to scan and store their assemblies as they go.
Last updated
Glove Systems Revenue
In 2024, Glove Systems's revenue reached $735.1K. The company previously reported $418K in 2023. Since its launch in 2018, Glove Systems has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Glove Systems Hit $735.1k revenue in October 2024 |
| 2023 | Glove Systems Hit $418k revenue in October 2023 |
| 2021 | Glove Systems Hit $696.7k revenue in April 2021 |
| 2018 | Launched with $0 revenue |
Glove Systems Valuation, Funding Rounds
Glove Systems's most recent disclosed valuation is $2.2M.
Glove Systems is a bootstrapped CAD Software startup. Founded in 2018, Glove Systems has grown to $735.1K in revenue without raising any venture capital or outside funding.
As a self-funded CAD Software SaaS company, Glove Systems has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Glove Systems Employees & Team Size
Glove Systems employs approximately 2 people as of 2026, down from 3 in 2023.
Glove Systems has 2 total employees in different roles and functions and 2 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 2 employees (October 2024) |
| 2024 | Reached 2 employees (October 2024) |
| 2023 | Reached 3 employees (December 2023) |
| 2023 | Reached 3 employees (December 2023) |
| 2023 | Reached 4 employees (October 2023) |
| 2022 | Reached 8 employees (December 2022) |
| 2022 | Reached 8 employees (December 2022) |
| 2022 | Reached 5 employees (October 2022) |
| 2021 | Reached 8 employees (December 2021) |
| 2021 | Reached 8 employees (April 2021) |
Founder / CEO
Ray Simonson
Ray is an experienced tech CTO and CEO with 40 years of international software experience in both large companies and startups. For the last 15 years, Ray has been selling major capital project information management software to EPCs and Owners in the Oil, Gas and Power industries.
Q&A
| Question | Answer |
|---|---|
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| Advice for 20 year old self | - |
Customers
We do not have customer count information for Glove Systems yet.
Frequently Asked Questions about Glove Systems
What is Glove Systems's revenue?
Glove Systems generates $735.1K in revenue.
Who founded Glove Systems?
Glove Systems was founded by Ray Simonson.
Who is the CEO of Glove Systems?
The CEO of Glove Systems is Ray Simonson.
How much funding does Glove Systems have?
Glove Systems raised $0.
How many employees does Glove Systems have?
Glove Systems has 2 employees.
Where is Glove Systems headquarters?
Glove Systems is headquartered in Kitchener, Ontario, Canada.
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Compare Glove Systems to the industry
Glove Systems operates across multiple industries. Browse revenue, funding, and growth data for Glove Systems 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 .