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2024 Revenue

$19.8M

Customers

8.7K

Funding

$11.1M

YOY

97%

Avg ACV

$2.3K

Team

110

Founded

2009

How Next Gear Solutions CEO Garret Gray grew Next Gear Solutions to $19.8M revenue and 8.7K customers in 2024.

Next Gear Solutions is the provider of the leading platform for property restoration. Among this platform of restoration-specific software solutions, Next Gear offers DASH, a web-based restoration management software system that allows restoration contractors to streamline their job management, equipment, work order requests, calendar, reporting, business accounting, and job estimating into one integrated portal to maximize efficiency across their organization. LuxorCRM is the only CRM specifically developed with the restoration contractor in mind and is a key component in obtaining more leads through it's referral-based concept. Next Gear's platform also offers the leading moisture mitigation management applications, MICA and Moisture Mapper, which help restoration professionals rationalize the drying process with pre-programmed IICRC S500 recommendations built into the application. Additionally, we offer consulting services including focus areas such as administrative systems, lean p

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Next Gear Solutions Revenue

In 2024, Next Gear Solutions's revenue reached $19.8M. The company previously reported $10M in 2023. Since its launch in 2009, Next Gear Solutions has shown consistent revenue growth.

Next Gear Solutions Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M200920112013201520172019202120232024$0$11M$20MSource: GetLatka.com
YearMilestone
2024Next Gear Solutions Hit $19.8m revenue in October 2024
2023Next Gear Solutions Hit $10m revenue in October 2023
2021Next Gear Solutions Hit $11m revenue in April 2021
2009Launched with $0 revenue

Next Gear Solutions Valuation, Funding Rounds

Next Gear Solutions has not publicly disclosed its valuation. The company has raised $11.1M in total funding to date.

Next Gear Solutions has raised $11.1M in total funding across 1 round, with its most recent round in 2016.

Next Gear Solutions Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$5M$8M$10M$13M200920102011201220132014201520162009 cumulative: $0 • 2009 Founded: $02016 cumulative: $11M • 2009 Founded: $0 • 2016 Funding round: $11M$11M2009 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Funding round$11.1M--

Next Gear Solutions Employees & Team Size

Next Gear Solutions employs approximately 110 people as of 2026, down from 120 in 2023.

Next Gear Solutions has 110 total employees in different roles and functions and 2 sales reps that carry a quota. They have 8.7K customers that rely on the company's solutions.

Next Gear Solutions Team GrowthReported headcount over time0408012016020020092011201320152017201920212023202400110110Source: GetLatka.com
YearMilestone
2024Reached 110 employees (December 2024)
2024Reached 120 employees (October 2024)
2023Reached 120 employees (October 2023)
2022Reached 122 employees (October 2022)
2021Reached 158 employees (December 2021)
2021Reached 184 employees (April 2021)

Founder / CEO

Garret Gray

Garret Gray is listed as Founder / CEO at Next Gear Solutions.

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Customers

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Frequently Asked Questions about Next Gear Solutions

What is Next Gear Solutions's revenue?

Next Gear Solutions generates $19.8M in revenue.

Who founded Next Gear Solutions?

Next Gear Solutions was founded by Garret Gray.

Who is the CEO of Next Gear Solutions?

The CEO of Next Gear Solutions is Garret Gray.

How much funding does Next Gear Solutions have?

Next Gear Solutions raised $11.1M.

How many employees does Next Gear Solutions have?

Next Gear Solutions has 110 employees.

Where is Next Gear Solutions headquarters?

Next Gear Solutions is headquartered in Oxfor, Mississippi, United States.

Compare Next Gear Solutions to the industry

Next Gear Solutions operates across multiple industries. Browse revenue, funding, and growth data for Next Gear Solutions in each sector below.

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 .

Next Gear Solutions Revenue 2024: $19.8M ARR, $11.1M Raised