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Valuation

$451.9M

2024 Revenue

$20M(Est.)

Customers

70

Funding

$150.6M

Avg ACV

$285.7K

Team

781

Founded

2009

Plusgrade Revenue, Valuation & Funding (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.

Plusgrade Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M200920112013201520172019202120232024$0$3.9M$20MSource: GetLatka.com
YearMilestoneSource
2024Plusgrade Hit $20m revenue in June 2024Estimated
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$451.9MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Private Equity Round$150.6M$451.9M33%

Founder / CEO

Ken Harris

CEO

Ken Harris is listed as CEO at Plusgrade.

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Customers

Plusgrade serves 70 customers.

Plusgrade Employees & Team Size

Plusgrade employs approximately 781 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
YearMilestoneSource
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 an estimated $20M in annual 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 across 1 round.

How many employees does Plusgrade have?

Plusgrade has 781 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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