Latka logo

How Patriot Software CEO Mike Kappel grew Patriot Software to $8.7M revenue and 1K customers in 2021.

Patriot Software is a software company based in the United States that provides cloud-based accounting and payroll solutions for small businesses. The company's platform offers a range of tools for managing payroll, tax filing, time and attendance, and bookkeeping. Patriot Software's solutions aim to help small businesses simplify their financial operations, reduce costs, and increase efficiency. The company has received recognition for its user-friendly interface and customer support, and it serves clients across various industries.

Last updated

Patriot Software Revenue

In 2021, Patriot Software's revenue reached $8.7M. Since its launch in 2002, Patriot Software has shown consistent revenue growth.

Patriot Software Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M20022004200620082010201220142016201820202021$0$9MSource: GetLatka.com
YearMilestone
2021Patriot Software Hit $8.7m revenue in April 2021
2002Launched with $0 revenue

Patriot Software Valuation, Funding Rounds

Patriot Software's most recent disclosed valuation is $26.2M.

Patriot Software has raised $4.4M in total funding across 1 round, most recently a $4.4M Angel Round round in 2018.

Patriot Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$2M$3M$4M$5M2002200420062008201020122014201620182002 cumulative: $0 • 2002 Founded: $02018 cumulative: $4M • 2002 Founded: $0 • 2018 Angel Round: $4M$4M2002 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Angel Round$4.4M--

Patriot Software Employees & Team Size

Patriot Software employs approximately 300 people as of 2026, up from 104 in 2021.

Patriot Software has 300 total employees in different roles and functions and 4 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.

Patriot Software Team GrowthReported headcount over time07515022530037520022004200620082010201220142016201820202022202300104104300300Source: GetLatka.com
YearMilestone
2023Reached 300 employees (July 2023)
2021Reached 104 employees (April 2021)

Founder / CEO

Mike Kappel

Mike Kappel is listed as Founder / CEO at Patriot Software.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how Patriot Software acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about Patriot Software

What is Patriot Software's revenue?

Patriot Software generates $8.7M in revenue.

Who founded Patriot Software?

Patriot Software was founded by Mike Kappel.

Who is the CEO of Patriot Software?

The CEO of Patriot Software is Mike Kappel.

How much funding does Patriot Software have?

Patriot Software raised $4.4M.

How many employees does Patriot Software have?

Patriot Software has 300 employees.

Where is Patriot Software headquarters?

Patriot Software is headquartered in Canton, Ohio, United States.

Compare Patriot Software to the industry

Patriot Software operates across multiple industries. Browse revenue, funding, and growth data for Patriot Software 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 .

Patriot Software Revenue 2021: $8.7M ARR, $26.2M Valuation