Valuation
$2.1M
2023 Revenue
$702.2K
Customers
5K
Funding
$111.4M
Avg ACV
$140
Team
72
Churn
24%
Founded
2008
How Mavenlink CEO Ray Grainger grew to $702.2K revenue and 5K customers in 2023.
Mavenlink's project management software is redefined for 2018. Unite project management, time tracking, resource planning and more into one place. Request a free demo today.
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Mavenlink Revenue
In 2023, Mavenlink's revenue reached $702.2K. The company previously reported $1.4M in 2021. Since its launch in 2008, Mavenlink has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Mavenlink Hit $702.2k revenue in October 2023 | |
| 2021 | Mavenlink Hit $1.4m revenue in September 2021 | |
| 2008 | Launched with $0 revenue |
Mavenlink Valuation, Funding Rounds
Mavenlink's most recent disclosed valuation is $2.1M.
Mavenlink has raised $111.4M in total funding across 5 rounds, most recently a $48M Series E round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Series E | $48M | - | - | |
| 2016 | Series D | $39M | - | - | |
| 2015 | Series C | $19M | - | - | |
| 2013 | Series B | $2M | - | - | |
| 2011 | Series A | $3.4M | - | - |
Founder / CEO
Ray Grainger
Ray Grainger is the Founder and CEO of Mavenlink, where he is leading the mission to reinvent the way businesses do work. He has dedicated his career to helping clients succeed, and brings over 25 years of experience in software and high technology consulting to Mavenlink. Ray began his career at Accenture, where he spent 17 years honing his expertise in professional services management as Global Managing Partner, consulting for both large enterprises as well as small and medium-sized businesses. During his time at Accenture, Ray also invested in several technology companies through Accenture
Q&A
| Question | Answer |
|---|---|
| What's your age? | 58 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Mavenlink serves 5K customers.
Mavenlink Employees & Team Size
Mavenlink employs approximately 72 people as of 2026, down from 81 in 2022, including 78 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2023 | Reached 72 employees (October 2023) |
| 2022 | Reached 81 employees (October 2022) |
| 2021 | Reached 171 employees (December 2021) |
| 2020 | Reached 412 employees (December 2020) |
| 2020 | Reached 392 employees (June 2020) |
| 2019 | Reached 334 employees (December 2019) |
| 2018 | Reached 305 employees (December 2018) |
| 2016 | Reached 200 employees (October 2016) |
Frequently Asked Questions about Mavenlink
What is Mavenlink's revenue?
Mavenlink generates $702.2K in revenue.
Who founded Mavenlink?
Mavenlink was founded by Ray Grainger.
Who is the CEO of Mavenlink?
The CEO of Mavenlink is Ray Grainger.
How much funding does Mavenlink have?
Mavenlink raised $111.4M.
How many employees does Mavenlink have?
Mavenlink has 72 employees.
Where is Mavenlink headquarters?
Mavenlink is headquartered in Irvine, California, United States.
Compare Mavenlink to the industry
Mavenlink operates across multiple industries. Browse revenue, funding, and growth data for Mavenlink 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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