Valuation
$16.2M
2025 Revenue
$5.4M
Funding
$0
Team
49
Founded
2020
How Parspec CEO Charles Nibley grew Parspec to $5.4M revenue with a 49 person team in 2025.
Parspec is a technology company serving sales agents and distributors in the construction industry, starting with lighting and electrical products. Our mission is to enable our customers to discover and source the best available products and materials for their unique project requirements. Founded in 2021 and headquartered in San Mateo, California, Parspec’s AI-powered platform supports product selection, quoting, and submittal workflows. The company is backed by leading deep tech and construction technology venture investors.
Last updated
Parspec Revenue
In 2025, Parspec's revenue reached $5.4M. The company previously reported $7.9M in 2025. Since its launch in 2020, Parspec has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | Parspec Hit $5.4m revenue in September 2025 |
| 2025 | Parspec Hit $7.9m revenue in September 2025 |
| 2020 | Launched with $0 revenue |
Parspec Valuation, Funding Rounds
Parspec's most recent disclosed valuation is $16.2M.
Parspec is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2020, Parspec has grown to $5.4M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, Parspec has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Parspec Employees & Team Size
Parspec employs approximately 49 people as of 2026.
Parspec has 49 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 49 employees (September 2025) |
| 2025 | Reached 88 employees (September 2025) |
Founder / CEO
Charles Nibley
Charles Nibley is listed as Founder / CEO at Parspec.
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 Parspec yet.
Frequently Asked Questions about Parspec
What is Parspec's revenue?
Parspec generates $5.4M in revenue.
Who is the CEO of Parspec?
The CEO of Parspec is Charles Nibley.
How much funding does Parspec have?
Parspec raised $0.
How many employees does Parspec have?
Parspec has 49 employees.
Where is Parspec headquarters?
Parspec is headquartered in San Francisco Bay Area, California, United States.
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Compare Parspec to the industry
Parspec operates across multiple industries. Browse revenue, funding, and growth data for Parspec 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 .