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How Parasoft Corporation CEO Elizabeth Kolawa grew Parasoft Corporation 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.

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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.

Parasoft Corporation Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M19871989199119931995199719992001200320052007200920112013201520172019202120232024$0$23M$39MSource: GetLatka.com
YearMilestone
2024Parasoft Corporation Hit $39.3m revenue in October 2024
2023Parasoft Corporation Hit $27.4m revenue in October 2023
2021Parasoft Corporation Hit $22.6m revenue in March 2021
1987Launched 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.

Parasoft Corporation Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$6M$9M$12M$15M1987198919911993199519971999200120032005200720092011201320152017201920211987 cumulative: $0 • 1987 Founded: $02021 cumulative: $14M • 1987 Founded: $0 • 2021 Funding round: $14M$14M1987 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$13.5M--

Parasoft Corporation Employees & Team Size

Parasoft Corporation employs approximately 286 people as of 2026, up from 271 in 2023.

Parasoft Corporation has 286 total employees in different roles and functions.

Parasoft Corporation Team GrowthReported headcount over time0751502253003751987198919911993199519971999200120032005200720092011201320152017201920212023202400286286Source: GetLatka.com
YearMilestone
2024Reached 286 employees (December 2024)
2024Reached 271 employees (October 2024)
2023Reached 271 employees (October 2023)
2022Reached 277 employees (October 2022)
2021Reached 268 employees (December 2021)
2021Reached 251 employees (March 2021)

Founder / CEO

Elizabeth Kolawa

Elizabeth Kolawa is listed as Founder / CEO at Parasoft Corporation.

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Customers

We do not have customer count information for Parasoft Corporation yet.

Frequently Asked Questions about Parasoft Corporation

What is Parasoft Corporation's revenue?

Parasoft Corporation generates $39.3M in 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.

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.

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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.

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 .

Parasoft Corporation Revenue 2024: $39.3M ARR, $13.5M Raised