OpenForce
Valuation
$8.5M
2021 Revenue
$2.8M
Customers
50K
Funding
$0
Avg ACV
$56
Team
50
Founded
2001
How OpenForce CEO Wendy Greenland grew OpenForce to $2.8M revenue and 50K customers in 2021.
Provider of compliance software and other related payment settlement services. The company offers a cloud-based application, enabling contracting companies to pay independent contractors as well as track, document and facilitate compliance with the complex regulatory, legal and associated tax requirement with the use of independent contractors. It contracts companies from the burden of onboarding, contracting, settlement processing while helping contractors build their business.
Last updated
OpenForce Revenue
In 2021, OpenForce's revenue reached $2.8M. Since its launch in 2001, OpenForce has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | OpenForce Hit $2.8m revenue in April 2021 |
| 2001 | Launched with $0 revenue |
OpenForce Valuation, Funding Rounds
OpenForce's most recent disclosed valuation is $8.5M.
OpenForce is a bootstrapped HR Compliance Software startup. Founded in 2001, OpenForce has grown to $2.8M in revenue without raising any venture capital or outside funding.
As a self-funded HR Compliance Software SaaS company, OpenForce has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
OpenForce Employees & Team Size
OpenForce employs approximately 50 people as of 2026.
OpenForce has 50 total employees in different roles and functions and 2 sales reps that carry a quota. They have 50K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 50 employees (April 2021) |
Founder / CEO
Wendy Greenland
Openforce was formed directly from the experience of our founders operating a same-day delivery company that utilized independent contractors. Frustrated by administrative inefficiencies and expanding legal constraints, the team set out to build a solution that would help companies do it right.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how OpenForce acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about OpenForce
What is OpenForce's revenue?
OpenForce generates $2.8M in revenue.
Who founded OpenForce?
OpenForce was founded by Wendy Greenland.
Who is the CEO of OpenForce?
The CEO of OpenForce is Wendy Greenland.
How much funding does OpenForce have?
OpenForce raised $0.
How many employees does OpenForce have?
OpenForce has 50 employees.
Where is OpenForce headquarters?
OpenForce is headquartered in Phoenix, Arizona, United States.
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Compare OpenForce to the industry
OpenForce operates across multiple industries. Browse revenue, funding, and growth data for OpenForce 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 .