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Valuation

$26.2M

2021 Revenue

$8.7M

Customers

1K

Funding

$4.4M

Avg ACV

$8.7K

Team

300

Founded

2002

How Patriot Software CEO Mike Kappel grew 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.

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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 over time$0$2M$4M$6M$8M$10M20022004200620082010201220142016201820202021$0$9MSource: GetLatka.com
YearMilestoneQuote
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% SoldQuote
2018Angel Round$4.4M--

Founder / CEO

Mike Kappel

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

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Customers

Patriot Software serves 1K customers.

Patriot Software Employees & Team Size

Patriot Software employs approximately 300 people as of 2026, up from 104 in 2021, including 4 sales reps that carry a quota. It serves 1K customers that rely on its solutions.

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

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.

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