Remedy Corporation
Valuation
$1.1M
2021 Revenue
$369.1K
Customers
6.5K
Funding
$0
Avg ACV
$57
Team
8
Founded
1990
How Remedy Corporation CEO Larry Garlick grew to $369.1K revenue and 6.5K customers in 2021.
Remedy Corp was founded in 1990 by Larry Garlick, who was the CEO until 2001, and Dave Mahler and Doug Mueller. The company went public in 1995 and in 1996 was named by Business Week as the "Number 1 Top Hot Growth Company in America. Competitor Peregrine Systems purchased the company for $1.2 billion in cash and stock in 2001. On September 22, 2002, Peregrine and its wholly-owned subsidiary, Peregrine Remedy, Inc., filed for voluntary protection under Chapter 11 of the United States Bankruptcy Code. Two months after accounting irregularities forced Peregrine Systems into bankruptcy, it sold the Remedy business unit to BMC Software. Remedy was then known as Remedy, a BMC Software Company until 2004, when it became known as the Service Management Business Unit.
Last updated
Remedy Corporation Revenue
In 2021, Remedy Corporation's revenue reached $369.1K. Since its launch in 1990, Remedy Corporation has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Remedy Corporation Hit $369.1k revenue in April 2021 | |
| 1990 | Launched with $0 revenue |
Remedy Corporation Valuation, Funding Rounds
Remedy Corporation's most recent disclosed valuation is $1.1M.
Remedy Corporation is a bootstrapped Other Collaboration Software startup. Founded in 1990, Remedy Corporation has grown to $369.1K in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, Remedy Corporation has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Larry Garlick
Larry Garlick is listed as Founder / CEO at Remedy Corporation.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Remedy Corporation serves 6.5K customers.
Remedy Corporation Employees & Team Size
Remedy Corporation employs approximately 8 people as of 2026. It serves 6.5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 8 employees (April 2021) |
Frequently Asked Questions about Remedy Corporation
What is Remedy Corporation's revenue?
Remedy Corporation generates $369.1K in revenue.
Who founded Remedy Corporation?
Remedy Corporation was founded by Larry Garlick.
Who is the CEO of Remedy Corporation?
The CEO of Remedy Corporation is Larry Garlick.
How much funding does Remedy Corporation have?
Remedy Corporation raised $0.
How many employees does Remedy Corporation have?
Remedy Corporation has 8 employees.
Where is Remedy Corporation headquarters?
Remedy Corporation is headquartered in Mountain View, California, United States.
Compare Remedy Corporation to the industry
Remedy Corporation operates across multiple industries. Browse revenue, funding, and growth data for Remedy Corporation 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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