2024 Revenue
$3.9M
Customers
100
Funding
$0
YOY
21%
Avg ACV
$38.7K
Team
32
Founded
2007
How Plumsoft CEO Jay Sappidi grew to $3.9M revenue and 100 customers in 2024.
Plumsoft is started with a simple philosophy that technology should enable efficiency, not stand in the way. Plumware Cloud Development platform is the result of that philosophy. We have combined more than 30 years of developing business applications across different technology platforms by some of the best minds to develop innovative cloud technology that is simple, robust and flexible. With the new technology we have completely eliminated the need for customers to make large upfront investments for software, hardware, middleware, database and not to mention the elongated implementations and complex, costly upgrades.\r\n\r\nPlumERP, built on Plumware platform, is the cloud-based enterprise applications that combine a lower cost of ownership with an innovative technology and approach for enterprises. PlumERP is a powerful cloud based ERP that provides complete unified suite of solutions that cover Financial Management, Human Capital Management, Customer Relationship Management, Procure
Last updated
Plumsoft Revenue
In 2024, Plumsoft's revenue reached $3.9M. The company previously reported $3.2M in 2023. Since its launch in 2007, Plumsoft has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Plumsoft Hit $3.9m revenue in October 2024 | |
| 2023 | Plumsoft Hit $3.2m revenue in October 2023 | |
| 2021 | Plumsoft Hit $2.5m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
Plumsoft Valuation, Funding Rounds
Plumsoft is a bootstrapped Other Collaboration Software startup. Founded in 2007, Plumsoft has grown to $3.9M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Plumsoft has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Jay Sappidi
CEO
Jay has more than 18 years of experience in high-tech industry with a very diverse and broad-based background ranging from entrepreneurship, senior management, business development, strategic planning to technology development. In his entrepreneurial journey, Jay founded Wissen Inc, based out of New Jersey, which provides IT consulting services with a focus on digital content management. He grew the revenues of the company to US $5 million in three years and established the company as a strong player in the competitive content management market. Jay was also one of the founders of BarterIndia.com — India’s fist bartering portal.
Q&A
| Question | Answer |
|---|---|
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| Advice for 20 year old self | - |
Customers
Plumsoft serves 100 customers.
Plumsoft Employees & Team Size
Plumsoft employs approximately 32 people as of 2026. It serves 100 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 32 employees (October 2024) |
| 2023 | Reached 32 employees (October 2023) |
| 2022 | Reached 32 employees (October 2022) |
| 2021 | Reached 30 employees (December 2021) |
| 2021 | Reached 33 employees (April 2021) |
Frequently Asked Questions about Plumsoft
What is Plumsoft's revenue?
Plumsoft generates an estimated $3.9M in annual revenue.
Who founded Plumsoft?
Plumsoft was founded by Jay Sappidi.
Who is the CEO of Plumsoft?
The CEO of Plumsoft is Jay Sappidi.
How much funding does Plumsoft have?
Plumsoft is bootstrapped and has not raised outside funding.
How many employees does Plumsoft have?
Plumsoft has 32 employees.
Where is Plumsoft headquarters?
Plumsoft is headquartered in Hyderabad, Telangana, India.
Compare Plumsoft to the industry
Plumsoft operates across multiple industries. Browse revenue, funding, and growth data for Plumsoft 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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