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How Nakisa CEO Babak Varjavandi grew Nakisa to $41.9M revenue and 4M customers in 2024.

Nakisa is a global leader in organizational design and lease accounting software and services. We develop innovative, robust and forward-thinking software solutions that help businesses achieve their objectives.

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Nakisa Revenue

In 2024, Nakisa's revenue reached $41.9M. The company previously reported $24M in 2020. Since its launch in 1990, Nakisa has shown consistent revenue growth.

Nakisa Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M199019921994199619982000200220042006200820102012201420162018202020222024$0$24M$42MSource: GetLatka.com
YearMilestone
2024Nakisa Hit $41.9m revenue in June 2024
2020Nakisa Hit $24m revenue in August 2020
1990Launched with $0 revenue

Nakisa Valuation, Funding Rounds

Nakisa's most recent disclosed valuation is $72.1M.

Nakisa is a bootstrapped Org Chart Software startup. Founded in 1990, Nakisa has grown to $41.9M in revenue without raising any venture capital or outside funding.

As a self-funded Org Chart Software SaaS company, Nakisa has built its business with no outside investment.

Nakisa Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119901990 cumulative: $0 • 1990 Founded: $01990 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Nakisa Employees & Team Size

Nakisa employs approximately 297 people as of 2026, up from 270 in 2023.

Nakisa has 297 total employees in different roles and functions and 16 sales reps that carry a quota. They have 4M customers that rely on the company's solutions.

Nakisa Team GrowthReported headcount over time07515022530037519901992199419961998200020022004200620082010201220142016201820202022202400297297Source: GetLatka.com
YearMilestone
2024Reached 297 employees (December 2024)
2024Reached 270 employees (October 2024)
2023Reached 270 employees (September 2023)
2023Reached 267 employees (January 2023)
2022Reached 273 employees (January 2022)
2021Reached 275 employees (August 2021)
2020Reached 267 employees (December 2020)
2020Reached 267 employees (August 2020)
2020Reached 266 employees (June 2020)
2019Reached 268 employees (December 2019)
2018Reached 249 employees (December 2018)

Founder / CEO

Babak Varjavandi

Babak Varjavandi is listed as Founder / CEO at Nakisa.

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Frequently Asked Questions about Nakisa

What is Nakisa's revenue?

Nakisa generates $41.9M in revenue.

Who founded Nakisa?

Nakisa was founded by Babak Varjavandi.

Who is the CEO of Nakisa?

The CEO of Nakisa is Babak Varjavandi.

How much funding does Nakisa have?

Nakisa raised $0.

How many employees does Nakisa have?

Nakisa has 297 employees.

Where is Nakisa headquarters?

Nakisa is headquartered in Montreal, Quebec, Canada.

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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 .

Nakisa Revenue 2024: $41.9M ARR, $72.1M Valuation