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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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
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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Greenshades Software serves 35K customers.
Greenshades Software employs approximately 153 people as of 2026. It serves 35K customers that rely on its solutions.
Greenshades Software generates $27.3M in revenue.
Greenshades Software was founded by David Rosas.
The CEO of Greenshades Software is David Rosas.
Greenshades Software is bootstrapped and has not raised outside funding.
Greenshades Software has 153 employees.
Greenshades Software is headquartered in Jacksonville, Florida, United States.
Greenshades Software operates across multiple industries. Browse revenue, funding, and growth data for Greenshades Software 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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2024 Revenue
$27.3M
Customers
35K
Funding
$0
Avg ACV
$780
Team
153
Founded
1992
| Year | Milestone | Source |
|---|---|---|
| 2024 | Greenshades Software Hit $27.3m revenue in November 2024 | |
| 2024 | Greenshades Software Hit $5.4m revenue in October 2024 | Estimated |
| 2023 | Greenshades Software Hit $4.3m revenue in October 2023 | Estimated |
| 2021 | Greenshades Software Hit $3.4m revenue in April 2021 | |
| 1992 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 153 employees (December 2024) | |
| 2024 | Reached 153 employees (October 2024) | |
| 2023 | Reached 153 employees (October 2023) | |
| 2022 | Reached 156 employees (October 2022) | |
| 2021 | Reached 146 employees (December 2021) | |
| 2021 | Reached 127 employees (April 2021) |
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