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2024 Revenue

$2.8M

Funding

$12M

YOY

70.7%

Team

25

Founded

1983

How Pensoft Technology Inc CEO Leroy Newman grew Pensoft Technology Inc to $2.8M revenue with a 25 person team in 2024.

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

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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 by year$0$600K$1M$2M$2M$3M1983198519871989199119931995199719992001200320052007200920112013201520172019202120232024$0$1M$3MSource: GetLatka.com
YearMilestone
2024Pensoft Technology Inc Hit $2.8m revenue in October 2024
2023Pensoft Technology Inc Hit $1.6m revenue in October 2023
2021Pensoft Technology Inc Hit $1.3m revenue in March 2021
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$3M$6M$9M$12M$15M198319851987198919911993199519971999200120032005200720092011201320152017201920211983 cumulative: $0 • 1983 Founded: $02021 cumulative: $12M • 1983 Founded: $0 • 2021 Funding round: $12M$12M1983 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$12M--

Pensoft Technology Inc Employees & Team Size

Pensoft Technology Inc employs approximately 25 people as of 2026.

Pensoft Technology Inc has 25 total employees in different roles and functions.

Pensoft Technology Inc Team GrowthReported headcount over time06121824301983198519871989199119931995199719992001200320052007200920112013201520172019202120232024002525Source: GetLatka.com
YearMilestone
2024Reached 25 employees (October 2024)
2023Reached 25 employees (October 2023)
2022Reached 24 employees (October 2022)
2021Reached 23 employees (December 2021)
2021Reached 14 employees (March 2021)

Founder / CEO

Leroy Newman

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.

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Customers

We do not have customer count information for Pensoft Technology Inc yet.

Frequently Asked Questions about Pensoft Technology Inc

What is Pensoft Technology Inc's revenue?

Pensoft Technology Inc generates $2.8M in revenue.

Who founded Pensoft Technology Inc?

Pensoft Technology Inc was founded by Leroy Newman.

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.

How many employees does Pensoft Technology Inc have?

Pensoft Technology Inc has 25 employees.

Where is Pensoft Technology Inc headquarters?

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

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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.

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 .