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How PhaseWare CEO Randall Nelson grew PhaseWare to $5.7M revenue with a 11 person team in 2024.

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PhaseWare Revenue

In 2024, PhaseWare's revenue reached $5.7M. The company previously reported $903.8K in 2020. Since its launch in 2005, PhaseWare has shown consistent revenue growth.

PhaseWare Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M20052007200920112013201520172019202120232024$0$904K$6MSource: GetLatka.com
YearMilestoneQuote
2024PhaseWare Hit $5.7m revenue in June 2024
2020PhaseWare Hit $903.8k revenue in August 2020
2005Launched with $0 revenue

PhaseWare Valuation, Funding Rounds

PhaseWare's most recent disclosed valuation is $2.7M.

PhaseWare is a bootstrapped Customer Service Automation Software startup. Founded in 2005, PhaseWare has grown to $5.7M in revenue without raising any venture capital or outside funding.

As a self-funded Customer Service Automation Software SaaS company, PhaseWare has built its business with no outside investment.

PhaseWare Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120052005 cumulative: $0 • 2005 Founded: $02005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Randall Nelson

Randall Nelson is listed as Founder / CEO at PhaseWare.

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Customers

We do not have customer count information for PhaseWare yet.

PhaseWare Employees & Team Size

PhaseWare employs approximately 11 people as of 2026, including 3 sales reps that carry a quota.

PhaseWare Team GrowthReported headcount over time03581013200520072009201120132015201720192021202320240011111111Source: GetLatka.com
YearMilestone
2024Reached 11 employees (October 2024)
2020Reached 11 employees (August 2020)
2019Reached 10 employees (December 2019)

Frequently Asked Questions about PhaseWare

What is PhaseWare's revenue?

PhaseWare generates $5.7M in revenue.

Who founded PhaseWare?

PhaseWare was founded by Randall Nelson.

Who is the CEO of PhaseWare?

The CEO of PhaseWare is Randall Nelson.

How much funding does PhaseWare have?

PhaseWare raised $0.

How many employees does PhaseWare have?

PhaseWare has 11 employees.

Where is PhaseWare headquarters?

PhaseWare is headquartered in Mckinney, Texas, United States.

Compare PhaseWare to the industry

PhaseWare operates across multiple industries. Browse revenue, funding, and growth data for PhaseWare 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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PhaseWare Revenue 2024: $5.7M ARR, $2.7M Valuation