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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
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.
Glove Systems reached a $2.2M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $2.2M | - |
CEO
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.
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| What's your age? | - |
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We do not have customer count information for Glove Systems yet.
Glove Systems employs approximately 2 people as of 2026, down from 3 in 2023, including 2 sales reps that carry a quota.
Glove Systems generates an estimated $735.1K in annual revenue.
Glove Systems was founded by Ray Simonson.
The CEO of Glove Systems is Ray Simonson.
Glove Systems raised $0.
Glove Systems has 2 employees.
Glove Systems is headquartered in Kitchener, Ontario, Canada.
Glove Systems operates across multiple industries. Browse revenue, funding, and growth data for Glove Systems in each sector below.
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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Valuation
$2.2M
2024 Revenue
$735.1K(Est.)
Funding
$0
Team
2
Founded
2018
| Year | Milestone | Source |
|---|---|---|
| 2024 | Glove Systems Hit $735.1k revenue in October 2024 | Estimated |
| 2023 | Glove Systems Hit $418k revenue in October 2023 | Estimated |
| 2021 | Glove Systems Hit $696.7k revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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