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Valuation

$591.1M

2021 Revenue

$197M

Customers

800K

Funding

$0

Avg ACV

$246

Team

947

Founded

1962

How Raet CEO Alvaro Capobianco grew Raet to $197M revenue and 800K customers in 2021.

Raet, originally founded in 1965 and now based in Amersfoort, is the number one IT services provider in the field of HR and payroll

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Raet Revenue

In 2021, Raet's revenue reached $197M. Since its launch in 1962, Raet has shown consistent revenue growth.

Raet Revenue GrowthReported revenue / ARR by year$0$50M$100M$150M$200M$250M1962196419661968197019721974197619781980198219841986198819901992199419961998200020022004200620082010201220142016201820202021$0$197MSource: GetLatka.com
YearMilestone
2021Raet Hit $197m revenue in April 2021
1962Launched with $0 revenue

Raet Valuation, Funding Rounds

Raet's most recent disclosed valuation is $591.1M.

Raet is a bootstrapped Payroll Software startup. Founded in 1962, Raet has grown to $197M in revenue without raising any venture capital or outside funding.

As a self-funded Payroll Software SaaS company, Raet has built its business with no outside investment.

Raet Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119621962 cumulative: $0 • 1962 Founded: $01962 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Raet Employees & Team Size

Raet employs approximately 947 people as of 2026.

Raet has 947 total employees in different roles and functions and 65 sales reps that carry a quota. They have 800K customers that rely on the company's solutions.

Raet Team GrowthReported headcount over time02004006008001,000196219641966196819701972197419761978198019821984198619881990199219941996199820002002200420062008201020122014201620182020202100947947Source: GetLatka.com
YearMilestone
2021Reached 947 employees (April 2021)

Founder / CEO

Alvaro Capobianco

Alvaro Capobianco is listed as Founder / CEO at Raet.

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Frequently Asked Questions about Raet

What is Raet's revenue?

Raet generates $197M in revenue.

Who founded Raet?

Raet was founded by Alvaro Capobianco.

Who is the CEO of Raet?

The CEO of Raet is Alvaro Capobianco.

How much funding does Raet have?

Raet raised $0.

How many employees does Raet have?

Raet has 947 employees.

Where is Raet headquarters?

Raet is headquartered in Netherlands.

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Compare Raet to the industry

Raet operates across multiple industries. Browse revenue, funding, and growth data for Raet in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Raet Revenue 2021: $197M ARR, $591.1M Valuation