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Spiceworks

Austin, Texas, United States

2023 Revenue

$38.1M(Est.)

Customers

6M

Funding

$111M

Avg ACV

$6

Team

147

Founded

2006

Spiceworks Revenue & Funding (2023)

Spiceworks is a professional network for the information technology industry that is headquartered in Austin, Texas.

Last updated

Spiceworks Revenue

In 2023, Spiceworks's revenue reached $38.1M. The company previously reported $50M in 2020. Since its launch in 2006, Spiceworks has shown consistent revenue growth.

Spiceworks Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$12.5M$25M$37.5M$50M$62.5M2006200820102012201420162018202020222023$0$50M$38.1MSource: GetLatka.com
YearMilestoneSource
2023Spiceworks Hit $38.1m revenue in December 2023Estimated
2020Spiceworks Hit $50m revenue in August 2020
2006Launched with $0 revenue

Spiceworks Valuation, Funding Rounds

Spiceworks has not publicly disclosed its valuation. The company has raised $111M in total funding to date.

Spiceworks has raised $111M in total funding across 5 rounds, most recently a $57M Series E round in 2014.

Spiceworks Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$25M$50M$75M$100M$125M200620072008200920102011201220132014$111MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2014Series E$57M--
2011Series D$25M--
2010Series C$16M--
2007Series B$8M--
2006Series A$5M--

Founder / CEO

Jay Hallberg

CEO

Jay Hallberg is listed as CEO at Spiceworks.

Q&A

QuestionAnswer
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Customers

Spiceworks serves 6M customers.

Spiceworks Employees & Team Size

Spiceworks employs approximately 147 people as of 2026, up from 139 in 2022, including 19 sales reps that carry a quota. It serves 6M customers that rely on its solutions.

Spiceworks Team GrowthReported headcount over time0100200300400200620082010201220142016201820202022202300147147Source: GetLatka.com
YearMilestoneSource
2023Reached 147 employees (December 2023)
2022Reached 139 employees (December 2022)
2021Reached 141 employees (December 2021)
2020Reached 182 employees (December 2020)
2020Reached 251 employees (August 2020)
2020Reached 181 employees (June 2020)
2019Reached 232 employees (December 2019)
2018Reached 361 employees (December 2018)

Frequently Asked Questions about Spiceworks

What is Spiceworks's revenue?

Spiceworks generates an estimated $38.1M in annual revenue.

Who founded Spiceworks?

Spiceworks was founded by Jay Hallberg.

Who is the CEO of Spiceworks?

The CEO of Spiceworks is Jay Hallberg.

How much funding does Spiceworks have?

Spiceworks raised $111M across 5 rounds.

How many employees does Spiceworks have?

Spiceworks has 147 employees.

Where is Spiceworks headquarters?

Spiceworks is headquartered in Austin, Texas, United States.

Compare Spiceworks to the industry

Spiceworks operates across multiple industries. Browse revenue, funding, and growth data for Spiceworks 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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Spiceworks Revenue 2023: $38.1M Est. ARR, $111M Raised