Parasoft Corporation
2024 Revenue
$39.3M
Funding
$13.5M
YOY
43.5%
Team
286
Founded
1987
How Parasoft Corporation CEO Elizabeth Kolawa grew to $39.3M revenue with a 286 person team in 2024.
Parasoft helps organizations deliver defect-free software efficiently through service virtualization, API testing, and development testing.
Last updated
Parasoft Corporation Revenue
In 2024, Parasoft Corporation's revenue reached $39.3M. The company previously reported $27.4M in 2023. Since its launch in 1987, Parasoft Corporation has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Parasoft Corporation Hit $39.3m revenue in October 2024 | |
| 2023 | Parasoft Corporation Hit $27.4m revenue in October 2023 | |
| 2021 | Parasoft Corporation Hit $22.6m revenue in March 2021 | |
| 1987 | Launched with $0 revenue |
Parasoft Corporation Valuation, Funding Rounds
Parasoft Corporation has not publicly disclosed its valuation. The company has raised $13.5M in total funding to date.
Parasoft Corporation has raised $13.5M in total funding across 1 round, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Funding round | $13.5M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| 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 Parasoft Corporation yet.
Parasoft Corporation Employees & Team Size
Parasoft Corporation employs approximately 286 people as of 2026, up from 271 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 286 employees (December 2024) |
| 2024 | Reached 271 employees (October 2024) |
| 2023 | Reached 271 employees (October 2023) |
| 2022 | Reached 277 employees (October 2022) |
| 2021 | Reached 268 employees (December 2021) |
| 2021 | Reached 251 employees (March 2021) |
Frequently Asked Questions about Parasoft Corporation
What is Parasoft Corporation's revenue?
Parasoft Corporation generates an estimated $39.3M in annual revenue.
Who founded Parasoft Corporation?
Parasoft Corporation was founded by Elizabeth Kolawa.
Who is the CEO of Parasoft Corporation?
The CEO of Parasoft Corporation is Elizabeth Kolawa.
How much funding does Parasoft Corporation have?
Parasoft Corporation raised $13.5M across 1 round.
How many employees does Parasoft Corporation have?
Parasoft Corporation has 286 employees.
Where is Parasoft Corporation headquarters?
Parasoft Corporation is headquartered in Monrovia, California, United States.
Compare Parasoft Corporation to the industry
Parasoft Corporation operates across multiple industries. Browse revenue, funding, and growth data for Parasoft Corporation 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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