Valuation
$451.9M
2024 Revenue
$20M
Customers
70
Funding
$150.6M
Avg ACV
$285.7K
Team
723
Founded
2009
How Plusgrade CEO Ken Harris grew to $20M revenue and 70 customers in 2024.
The market leading provider of upgrade solutions, a key segment of the fast-growing ancillary revenue and merchandising sector
Last updated
Plusgrade Revenue
In 2024, Plusgrade's revenue reached $20M. The company previously reported $3.9M in 2018. Since its launch in 2009, Plusgrade has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Plusgrade Hit $20m revenue in June 2024 | |
| 2018 | Plusgrade Hit $3.9m revenue in November 2018 | |
| 2009 | Launched with $0 revenue |
Plusgrade Valuation, Funding Rounds
Plusgrade reached a $451.9M valuation in 2018, set during its Private Equity Round round.
Plusgrade has raised $150.6M in total funding across 1 round, most recently a $150.6M Private Equity Round round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Private Equity Round | $150.6M | $451.9M | 33% |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Plusgrade serves 70 customers.
Plusgrade Employees & Team Size
Plusgrade employs approximately 723 people as of 2026, up from 679 in 2023. It serves 70 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 781 employees (October 2024) |
| 2024 | Reached 723 employees (October 2024) |
| 2023 | Reached 679 employees (December 2023) |
| 2022 | Reached 570 employees (December 2022) |
| 2018 | Reached 57 employees (November 2018) |
Frequently Asked Questions about Plusgrade
What is Plusgrade's revenue?
Plusgrade generates $20M in revenue.
Who founded Plusgrade?
Plusgrade was founded by Ken Harris.
Who is the CEO of Plusgrade?
The CEO of Plusgrade is Ken Harris.
How much funding does Plusgrade have?
Plusgrade raised $150.6M.
How many employees does Plusgrade have?
Plusgrade has 723 employees.
Where is Plusgrade headquarters?
Plusgrade is headquartered in Montreal, Quebec, Canada.
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.
Claim this profilePeople Also Viewed

mmhmm inc.
Mmhmm is a video communication company hatched by All Turtles, a mission-driven product studio that works to solve meaningful problems worldwide.

Elephas
Elephas helps busy professionals and content writers use AI to save time on day-to-day tasks, such as writing emails, documents, blogs, and social media content. 150+ professionals save up to 12 hours a week using Elephas.

AI-Archive
Attention, AI Enthusiasts! Tired of sifting through endless lists of unrelated products to find the perfect AI tool? Look no further than AI Archive, a platform designed exclusively for AI practitioners like you.

Spiideo
Spiideo makes advanced sports video recording easy, useful and accessible for athletes and coaches.

Narmi
Narmi offers state of the art digital banking and digital account opening platforms to financial institutions. The platform – built for the enterprise – allows financial institutions to open accounts in less than 2.5 minutes, and then grow that relationship over a lifetime through intuitive mobile and online channels. Every single product at Narmi integrates with leading core banking systems. Financial institutions using Narmi have experienced: - 20% increase in NPS - 55% increase in new account applications from non-account holders - 50% decrease in support volume - 63% improvement in support response time - 137% increase in app store rating - 65% Reduction in time from application start to application submission Narmi’s founding team previously served as leaders of a financial institution and quickly became frustrated by digital technology available to them. Today, Narmi is almost entirely headquartered in New York City and is focused on building lasting digital experiences for financial institutions.

Mandel AI
AI Procurement Agent for Manufacturing


