Parsec Labs
Valuation
$3.2M
2021 Revenue
$1.1M
Funding
$0
Team
24
Founded
2013
How Parsec Labs CEO Douglas Garn grew Parsec Labs to $1.1M revenue with a 24 person team in 2021.
Provider of a next generation data migration software designed to offer storage management services. The company's software specializes in data storage optimization, enabling customers to accelerate data access, migrate data and expand into new storage without interruption and save disk space.
Last updated
Parsec Labs Revenue
In 2021, Parsec Labs's revenue reached $1.1M. Since its launch in 2013, Parsec Labs has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | Parsec Labs Hit $1.1m revenue in April 2021 |
| 2013 | Launched with $0 revenue |
Parsec Labs Valuation, Funding Rounds
Parsec Labs's most recent disclosed valuation is $3.2M.
Parsec Labs is a bootstrapped Storage Management Software startup. Founded in 2013, Parsec Labs has grown to $1.1M in revenue without raising any venture capital or outside funding.
As a self-funded Storage Management Software SaaS company, Parsec Labs has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Parsec Labs Employees & Team Size
Parsec Labs employs approximately 24 people as of 2026.
Parsec Labs has 24 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2021 | Reached 24 employees (April 2021) |
Founder / CEO
Douglas Garn
As a global sales leader, I have been repeatedly recruited by former colleagues to come into early-stage startups and do what I do best:
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 Parsec Labs yet.
Frequently Asked Questions about Parsec Labs
What is Parsec Labs's revenue?
Parsec Labs generates $1.1M in revenue.
Who founded Parsec Labs?
Parsec Labs was founded by Douglas Garn.
Who is the CEO of Parsec Labs?
The CEO of Parsec Labs is Douglas Garn.
How much funding does Parsec Labs have?
Parsec Labs raised $0.
How many employees does Parsec Labs have?
Parsec Labs has 24 employees.
Where is Parsec Labs headquarters?
Parsec Labs is headquartered in Minneapolis, Minnesota, United States.
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Compare Parsec Labs to the industry
Parsec Labs operates across multiple industries. Browse revenue, funding, and growth data for Parsec Labs 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 .