Latka logo

2024 Revenue

$27.3M

Customers

35K

Funding

$0

Avg ACV

$780

Team

153

Founded

1992

Greenshades Software Revenue (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.

Last updated

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 over time$0$6M$12M$18M$24M$30M19921994199619982000200220042006200820102012201420162018202020222024$0$3.4M$27.3MSource: GetLatka.com
YearMilestoneSource
2024Greenshades Software Hit $27.3m revenue in November 2024
2024Greenshades Software Hit $5.4m revenue in October 2024Estimated
2023Greenshades Software Hit $4.3m revenue in October 2023Estimated
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$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11992Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

David Rosas

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.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Greenshades Software serves 35K customers.

Greenshades Software Employees & Team Size

Greenshades Software employs approximately 153 people as of 2026. It serves 35K customers that rely on its solutions.

Greenshades Software Team GrowthReported headcount over time040801201602001992199419961998200020022004200620082010201220142016201820202022202400153153Source: GetLatka.com
YearMilestoneSource
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)

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 is bootstrapped and has not raised outside funding.

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.

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.

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.

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