OpenForce logo
Founded 2001

OpenForce

2021 Revenue

$2.8M

YOY

Funding

$0.0

How OpenForce hit $2.8M in Revenue with 50K Customers in 2021.

About OpenForce

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.

Monthly Revenue

$235.2K

Total Expenses

$235.2K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

PhoenixArizonaUnited States
$Funding$Revenue

OpenForce Revenue

In 2021, OpenForce revenue run rate hit $2.8M in revenue.

$2.8M

OpenForce Valuation and Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation

Customers

OpenForce has 50K customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

OpenForce has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

OpenForce has 50 employees. They have 2 sales reps that carry a quota They have an engineering team of 46. and a marketing team of 1.

2021
DistributionQty

Total Team Size

50

Engineers

46 (92%)

Sales

2 (4%)

Marketing

1 (2%)

CEO/Founder

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.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


Is this your company? Add our badge to your website:

Frequently Asked Questions about OpenForce

When was OpenForce founded?

OpenForce was founded in 2001.


Who is the CEO of OpenForce?

The CEO of OpenForce is Wendy Greenland


How many employees does OpenForce have?

OpenForce has 50 employees.

How much revenue does OpenForce generate?

OpenForce generates $2.8M in revenue.


How much funding does OpenForce have?

OpenForce has raised $0.0.


Where is OpenForce headquarters?

OpenForce is headquartered at PhoenixArizonaUnited States

People Also Viewed

Beeline logo

Beeline

Operator of a SaaS company that dealing with workforce intelligence services. The company's software services specialize in optimizing the non-employee workforce management and is designed to money, reduce risks to the organization and add value to its clients business through effective management of entire non-employee workforce.

Constellation Software logo

Constellation Software

Constellation Software is a provider of software and services. It serves both in the public and private sectors. It was founded in 1995 and is headquartered in Toronto, Canada. The company acquires, manages and builds industry specific software businesses which provide specialized, mission-critical software solutions that address the particular needs of customers.

Optiv logo

Optiv

Provider of information security and compliance management services to enterprise clients. The company offers cybersecurity strategy, managed security services, incident response, risk and compliance, security consulting as well as training and support, integration and architecture services, enabling its clients to plan, build and run successful cybersecurity programs that fulfill their business objectives.

Citrix Systems logo

Citrix Systems

Citrix offers a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments.

Proofpoint logo

Proofpoint

Proofpoint Inc. is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm's solutions are delivered through its security-as-a-service platform, which hosts an integrated set of on-demand data protection applications. These solutions include threat protection, incident response, regulatory compliance, archiving, governance, and secure communication capabilities. The company derives revenue from subscription fees and hardware, training, and professional services fees. A majority of the firm's revenue is generated in the United States. As a part of strategic expansion the company is actively looking for security solutions and information security companies besides acquiring other threat intelligence companies.

Axeda logo

Axeda

Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises. The company offers Axeda ServiceLink, an enterprise software system that enables product manufacturers to provide remote service to their customers; and Axeda On-Demand, the software-as-a-service version of Axeda ServiceLink that enables to outsource the IT management responsibilities of remote service implementation. Its software is used in various applications, including diagnosis and repair, remote access, and proactive problem detection, as well as case and patch management, preventive maintenance, and usage monitoring. The company also provides consulting and implementation, customer support, education, and hosting services. It serves homeland security, medical, life sciences, information technology, telecommunications, print and imaging, kiosks, industrial, semiconductor, and building automation markets. The company was founded in 2000

View Instantly:

Create a free account to view data on 30,318 SaaS Companies

30,318 companies | Updated Sat Dec 04 2021

GetLatka is the only place to get accurate revenue data on SaaS companies. You'll also see valuations, growth rates, CEO emails and 28 other metrics per company. Signup below to view instantly.

We interview hard-to-reach SaaS founders.

interviews

Then take audio data and organize it in charts and excel.

charts