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How Parsec Automation CEO Eddy Azad grew to $11M revenue with a 76 person team in 2023.

Parsec Automation, LLC is the developer of TrakSYS™, the leading real-time operations & performance management software, focusing on simplifying manufacturing operations.

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Parsec Automation Revenue

In 2023, Parsec Automation's revenue reached $11M. Since its launch in 1987, Parsec Automation has shown consistent revenue growth.

Parsec Automation Revenue GrowthReported revenue / ARR over time$0$3M$5M$8M$10M$13M1987198919911993199519971999200120032005200720092011201320152017201920212023$0$11MSource: GetLatka.com
YearMilestoneQuote
2023Parsec Automation Hit $11m revenue in December 2023
1987Launched with $0 revenue

Parsec Automation Valuation, Funding Rounds

Parsec Automation is a bootstrapped Business Intelligence Software startup. Founded in 1987, Parsec Automation has grown to $11M in revenue without raising any venture capital or outside funding.

As a self-funded Business Intelligence Software SaaS company, Parsec Automation has built its business with no outside investment.

Parsec Automation 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$11987Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Eddy Azad

Eddy Azad is listed as Founder / CEO at Parsec Automation.

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Customers

We do not have customer count information for Parsec Automation yet.

Parsec Automation Employees & Team Size

Parsec Automation employs approximately 76 people as of 2026, up from 72 in 2022.

Parsec Automation Team GrowthReported headcount over time0204060801987198919911993199519971999200120032005200720092011201320152017201920212023007676Source: GetLatka.com
YearMilestone
2023Reached 76 employees (December 2023)
2022Reached 72 employees (December 2022)

Frequently Asked Questions about Parsec Automation

What is Parsec Automation's revenue?

Parsec Automation generates $11M in revenue.

Who founded Parsec Automation?

Parsec Automation was founded by Eddy Azad.

Who is the CEO of Parsec Automation?

The CEO of Parsec Automation is Eddy Azad.

How much funding does Parsec Automation have?

Parsec Automation raised $0.

How many employees does Parsec Automation have?

Parsec Automation has 76 employees.

Where is Parsec Automation headquarters?

Parsec Automation is headquartered in Anaheim, California, United States.

Compare Parsec Automation to the industry

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