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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

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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.

Plusgrade Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M200920112013201520172019202120232024$0$4M$20MSource: GetLatka.com
YearMilestoneQuote
2024Plusgrade Hit $20m revenue in June 2024
2018Plusgrade Hit $3.9m revenue in November 2018
2009Launched 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.

Plusgrade Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$100M$40M$200M$80M$300M$120M$400M$160M$500M$200M200920112013201520172018$452MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2018Private Equity Round$150.6M$451.9M33%

Founder / CEO

Ken Harris

Ken Harris is listed as Founder / CEO at Plusgrade.

Q&A

QuestionAnswer
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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.

Plusgrade Team GrowthReported headcount over time02004006008001,00020092011201320152017201920212023202400723723Source: GetLatka.com
YearMilestone
2024Reached 781 employees (October 2024)
2024Reached 723 employees (October 2024)
2023Reached 679 employees (December 2023)
2022Reached 570 employees (December 2022)
2018Reached 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.

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Plusgrade Revenue 2024: $20M ARR, $451.9M Valuation