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2024 Revenue

$2.8M(Est.)

Funding

$12M

Team

25

Founded

1983

Pensoft Technology Inc Revenue & Funding (2024)

Pensoft Technology Inc generated an estimated $2.8M in annual revenue in 2024. Source: GetLatka estimate

Pensoft is a company that specializes in helping other corporations to manage their payroll.

Last updated

Pensoft Technology Inc Revenue

In 2024, Pensoft Technology Inc's revenue reached $2.8M. The company previously reported $1.6M in 2023. Since its launch in 1983, Pensoft Technology Inc has shown consistent revenue growth.

Pensoft Technology Inc Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$600K$1.2M$1.8M$2.4M$3M1983198519871989199119931995199719992001200320052007200920112013201520172019202120232024$0$2.8MSource: GetLatka.com
YearMilestoneSource
2024Pensoft Technology Inc Hit $2.8m revenue in October 2024Estimated
2023Pensoft Technology Inc Hit $1.6m revenue in October 2023Estimated
2021Pensoft Technology Inc Hit $1.3m revenue in March 2021Not recorded
1983Launched with $0 revenue

Pensoft Technology Inc Valuation, Funding Rounds

Pensoft Technology Inc has not publicly disclosed its valuation. The company has raised $12M in total funding to date.

Pensoft Technology Inc has raised $12M in total funding across 1 round, with its most recent round in 2021.

Pensoft Technology Inc Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$3M$0.4$6M$0.6$9M$0.8$12M$1$15M19831985198719891991199319951997199920012003200520072009201120132015201720192021Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Funding round$12M--Not recorded

Founder / CEO

Leroy Newman

CEO

Experienced President with a demonstrated history of working in the computer software industry. Skilled in Negotiation, Budgeting, Business Planning, Strategic Planning, and Business Development. Strong business development professional with a Master of Public Administration (M.P.A.) focused in Business Administration and Management, General from Ball State University.

Pensoft Technology Inc Employees & Team Size

Pensoft Technology Inc employs approximately 25 people as of 2026.

Pensoft Technology Inc Team GrowthReported headcount over time06121824301983198519871989199119931995199719992001200320052007200920112013201520172019202120232024002525Source: GetLatka.com
YearMilestoneSource
2024Reached 25 employees (October 2024)Not recorded
2023Reached 25 employees (October 2023)Not recorded
2022Reached 24 employees (October 2022)Not recorded
2021Reached 23 employees (December 2021)Not recorded
2021Reached 14 employees (March 2021)Not recorded

Frequently Asked Questions about Pensoft Technology Inc

What is Pensoft Technology Inc's revenue?

As of 2024, Pensoft Technology Inc generated an estimated $2.8M in annual revenue.

Who founded Pensoft Technology Inc?

Pensoft Technology Inc was founded by Leroy Newman.

When was Pensoft Technology Inc founded?

Pensoft Technology Inc was founded in 1983.

Who is the CEO of Pensoft Technology Inc?

The CEO of Pensoft Technology Inc is Leroy Newman.

How much funding does Pensoft Technology Inc have?

Pensoft Technology Inc raised $12M across 1 round.

How many employees does Pensoft Technology Inc have?

As of 2024, Pensoft Technology Inc had 25 employees.

Where is Pensoft Technology Inc headquartered?

Pensoft Technology Inc is headquartered in Newport News, Virginia, United States.

Compare Pensoft Technology Inc to the industry

Pensoft Technology Inc operates across multiple industries. Browse revenue, funding, and growth data for Pensoft Technology Inc 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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