Latka logo

How Ocean Software CEO Shaun Mitchell grew Ocean Software to $20.6M revenue with a 101 person team in 2024.

Ocean Software designs, develops, and delivers Enterprise Software solutions for military, government, and corporate customers around the world.

Last updated

Ocean Software Revenue

In 2024, Ocean Software's revenue reached $20.6M. The company previously reported $10.8M in 2023. Since its launch in 1993, Ocean Software has shown consistent revenue growth.

Ocean Software Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M19931995199719992001200320052007200920112013201520172019202120232024$0$8M$21MSource: GetLatka.com
YearMilestone
2024Ocean Software Hit $20.6m revenue in October 2024
2023Ocean Software Hit $10.8m revenue in October 2023
2021Ocean Software Hit $8.1m revenue in March 2021
1993Launched with $0 revenue

Ocean Software Valuation, Funding Rounds

Ocean Software has not publicly disclosed its valuation. The company has raised $18.8K in total funding to date.

Ocean Software has raised $18.8K in total funding across 1 round, with its most recent round in 2021.

Ocean Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$4K$8K$12K$16K$20K1993199519971999200120032005200720092011201320152017201920211993 cumulative: $0 • 1993 Founded: $02021 cumulative: $19K • 1993 Founded: $0 • 2021 Funding round: $19K$19K1993 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$18.8K--

Ocean Software Employees & Team Size

Ocean Software employs approximately 101 people as of 2026, down from 145 in 2023.

Ocean Software has 101 total employees in different roles and functions.

Ocean Software Team GrowthReported headcount over time040801201602001993199519971999200120032005200720092011201320152017201920212023202400101101Source: GetLatka.com
YearMilestone
2024Reached 101 employees (December 2024)
2024Reached 145 employees (October 2024)
2023Reached 145 employees (October 2023)
2023Reached 156 employees (September 2023)
2023Reached 151 employees (January 2023)
2022Reached 149 employees (October 2022)
2022Reached 143 employees (January 2022)
2021Reached 131 employees (December 2021)
2021Reached 121 employees (August 2021)
2021Reached 90 employees (March 2021)

Founder / CEO

Shaun Mitchell

With over 25 years of experience in Information Technology, in a range of roles and industries, and 10 years at the executive level in CIO,COO and CEO roles.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

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

Frequently Asked Questions about Ocean Software

What is Ocean Software's revenue?

Ocean Software generates $20.6M in revenue.

Who founded Ocean Software?

Ocean Software was founded by Shaun Mitchell.

Who is the CEO of Ocean Software?

The CEO of Ocean Software is Shaun Mitchell.

How much funding does Ocean Software have?

Ocean Software raised $18.8K.

How many employees does Ocean Software have?

Ocean Software has 101 employees.

Where is Ocean Software headquarters?

Ocean Software is headquartered in Melbourne, Victoria, Australia.

Compare Ocean Software to the industry

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

Ocean Software Revenue 2024: $20.6M ARR, $18.8K Raised