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How Greenshades Software CEO David Rosas grew Greenshades Software to $27.3M revenue and 35K customers in 2024.

Developer of payroll tax processing software. The company offers software for filing and payment of tax and returns and distribution of forms as well as management of paystubs, timesheets, documents, online benefits and enrollment to mid-sized businesses.

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Greenshades Software Revenue

In 2024, Greenshades Software's revenue reached $27.3M. The company previously reported $5.4M in 2024. Since its launch in 1992, Greenshades Software has shown consistent revenue growth.

Greenshades Software Revenue GrowthReported revenue / ARR by year$0$6M$12M$18M$24M$30M19921994199619982000200220042006200820102012201420162018202020222024$0$3M$27MSource: GetLatka.com
YearMilestone
2024Greenshades Software Hit $27.3m revenue in November 2024
2024Greenshades Software Hit $5.4m revenue in October 2024
2023Greenshades Software Hit $4.3m revenue in October 2023
2021Greenshades Software Hit $3.4m revenue in April 2021
1992Launched with $0 revenue

Greenshades Software Valuation, Funding Rounds

Greenshades Software is a bootstrapped Corporate Tax Software startup. Founded in 1992, Greenshades Software has grown to $27.3M in revenue without raising any venture capital or outside funding.

As a self-funded Corporate Tax Software SaaS company, Greenshades Software has built its business with no outside investment.

Greenshades Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119921992 cumulative: $0 • 1992 Founded: $01992 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Greenshades Software Employees & Team Size

Greenshades Software employs approximately 153 people as of 2026.

Greenshades Software has 153 total employees in different roles and functions. They have 35K customers that rely on the company's solutions.

Greenshades Software Team GrowthReported headcount over time040801201602001992199419961998200020022004200620082010201220142016201820202022202400153153Source: GetLatka.com
YearMilestone
2024Reached 153 employees (December 2024)
2024Reached 153 employees (October 2024)
2023Reached 153 employees (October 2023)
2022Reached 156 employees (October 2022)
2021Reached 146 employees (December 2021)
2021Reached 127 employees (April 2021)

Founder / CEO

David Rosas

As co-founder and CEO of Greenshades Software, David worked with a fantastic group of people to solve the most challenging and time-consuming problems within the Payroll and Human Resources sectors. This focus has driven the steady expansion of the business, led to new product innovations, and ultimately fueled the organization’s growth. Today, more than 4,000 organizations and nearly 3 million employees rely on Greenshades. Since the company’s inception in 2004, he has been responsible for establishing Greenshades’ vision and strategic direction. To execute these strategies, he has assembled high-impact leadership teams and set prioritized objectives that provide clarity of direction and company-wide alignment. This combination of talent and transparency has led to sustained financial growth, as well as some pretty incredible accomplishments along the way.

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Frequently Asked Questions about Greenshades Software

What is Greenshades Software's revenue?

Greenshades Software generates $27.3M in revenue.

Who founded Greenshades Software?

Greenshades Software was founded by David Rosas.

Who is the CEO of Greenshades Software?

The CEO of Greenshades Software is David Rosas.

How much funding does Greenshades Software have?

Greenshades Software raised $0.

How many employees does Greenshades Software have?

Greenshades Software has 153 employees.

Where is Greenshades Software headquarters?

Greenshades Software is headquartered in Jacksonville, Florida, United States.

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Compare Greenshades Software to the industry

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

Greenshades Software Revenue 2024: $27.3M ARR (Bootstrapped)