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Mangrove Software

United States

Valuation

$4.5M

2021 Revenue

$1.5M

Funding

$0

Team

18

Founded

1994

Mangrove Software Revenue & Valuation (2021)

Provider of Human Capital Management software. The company develops, sells and implements human resource, payroll, benefits and talent management software.

Last updated

Mangrove Software Revenue

In 2021, Mangrove Software's revenue reached $1.5M. Since its launch in 1994, Mangrove Software has shown consistent revenue growth.

Mangrove Software Revenue GrowthReported revenue / ARR over time$0$400K$800K$1.2M$1.6M199419961998200020022004200620082010201220142016201820202021$0$1.5MSource: GetLatka.com
YearMilestoneSource
2021Mangrove Software Hit $1.5m revenue in April 2021
1994Launched with $0 revenue

Mangrove Software Valuation, Funding Rounds

Mangrove Software's most recent disclosed valuation is $4.5M.

Mangrove 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$11994Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Richard Cangemi

CEO

Richard is the Chief Executive Guru of PeopleGuru. He co-founded PeopleGuru after 18 years as Chief Executive Officer of Mangrove Software. During his time at Mangrove Software, Richard grew it from a small software start-up into an industry leader in HR, Payroll, and Benefit Administration. Richard graduated from State University of New York witha Bachelor's of Science in Management Information Systems.

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Customers

We do not have customer count information for Mangrove Software yet.

Mangrove Software Employees & Team Size

Mangrove Software employs approximately 18 people as of 2026, including 6 sales reps that carry a quota.

Mangrove Software Team GrowthReported headcount over time048121620199419961998200020022004200620082010201220142016201820202021001818Source: GetLatka.com
YearMilestoneSource
2021Reached 18 employees (April 2021)

Frequently Asked Questions about Mangrove Software

What is Mangrove Software's revenue?

Mangrove Software generates $1.5M in revenue.

Who founded Mangrove Software?

Mangrove Software was founded by Richard Cangemi.

Who is the CEO of Mangrove Software?

The CEO of Mangrove Software is Richard Cangemi.

How much funding does Mangrove Software have?

Mangrove Software raised $0.

How many employees does Mangrove Software have?

Mangrove Software has 18 employees.

Where is Mangrove Software headquarters?

Mangrove Software is headquartered in United States.

Compare Mangrove Software to the industry

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

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Mangrove Software Revenue 2021: $1.5M ARR, $4.5M Valuation