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Valuation

$8.8M

2021 Revenue

$2.9M

Funding

$0

Team

46

Founded

1991

How NiSoft CEO Doug Deardorf grew to $2.9M revenue with a 46 person team in 2021.

Provider of safety management documentation systems designed to power generation facilities and oil refineries. The company's safety management documentation systems improve plant safety, productivity and compliance through creating and managing work permits electronically, enabling clients to configure and develop safety rules and standards.

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NiSoft Revenue

In 2021, NiSoft's revenue reached $2.9M. Since its launch in 1991, NiSoft has shown consistent revenue growth.

NiSoft Revenue GrowthReported revenue / ARR over time$0$750K$2M$2M$3M$4M1991199319951997199920012003200520072009201120132015201720192021$0$3MSource: GetLatka.com
YearMilestoneQuote
2021NiSoft Hit $2.9m revenue in April 2021
1991Launched with $0 revenue

NiSoft Valuation, Funding Rounds

NiSoft's most recent disclosed valuation is $8.8M.

NiSoft is a bootstrapped Oil and Gas Software startup. Founded in 1991, NiSoft has grown to $2.9M in revenue without raising any venture capital or outside funding.

As a self-funded Oil and Gas Software SaaS company, NiSoft has built its business with no outside investment.

NiSoft 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$11991Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Doug Deardorf

With over 20 years in business, NiSoft is the world's leading supplier of lock out tag out, risk assessment and safety document management software. With over 350 client installations in 25 countries NiSoft's breadth of experience affords our customers the optimum safety management software solution for Permit to Work, JSA, Risk Assessment, Confined Space and other safety document types.

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Customers

We do not have customer count information for NiSoft yet.

NiSoft Employees & Team Size

NiSoft employs approximately 46 people as of 2026, including 2 sales reps that carry a quota.

NiSoft Team GrowthReported headcount over time010203040501991199319951997199920012003200520072009201120132015201720192021004646Source: GetLatka.com
YearMilestone
2021Reached 46 employees (April 2021)

Frequently Asked Questions about NiSoft

What is NiSoft's revenue?

NiSoft generates $2.9M in revenue.

Who founded NiSoft?

NiSoft was founded by Doug Deardorf.

Who is the CEO of NiSoft?

The CEO of NiSoft is Doug Deardorf.

How much funding does NiSoft have?

NiSoft raised $0.

How many employees does NiSoft have?

NiSoft has 46 employees.

Where is NiSoft headquarters?

NiSoft is headquartered in Belfast, Northern Ireland, Ireland.

Compare NiSoft to the industry

NiSoft operates across multiple industries. Browse revenue, funding, and growth data for NiSoft 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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NiSoft Revenue 2021: $2.9M ARR, $8.8M Valuation