Latka logo
OpenForce logo

OpenForce

Phoenix, Arizona, United States

Valuation

$8.5M

2021 Revenue

$2.8M

Customers

50K

Funding

$0

Avg ACV

$56

Team

50

Founded

2001

OpenForce Revenue & Valuation (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.

OpenForce Revenue GrowthReported revenue / ARR over time$0$600K$1.2M$1.8M$2.4M$3M20012003200520072009201120132015201720192021$0$2.8MSource: GetLatka.com
YearMilestoneSource
2021OpenForce Hit $2.8m revenue in April 2021
2001Launched with $0 revenue

OpenForce Valuation, Funding Rounds

OpenForce's most recent disclosed valuation is $8.5M.

OpenForce 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$12001Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Wendy Greenland

CEO

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

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

Customers

OpenForce serves 50K customers.

OpenForce Employees & Team Size

OpenForce employs approximately 50 people as of 2026, including 2 sales reps that carry a quota. It serves 50K customers that rely on its solutions.

OpenForce Team GrowthReported headcount over time0132538506320012003200520072009201120132015201720192021005050Source: GetLatka.com
YearMilestoneSource
2021Reached 50 employees (April 2021)

Frequently 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.

Compare OpenForce to the industry

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

Claim this profile
OpenForce Revenue 2021: $2.8M ARR, $8.5M Valuation