2023 Revenue
$38.1M
Customers
6M
Funding
$111M
Avg ACV
$6
Team
147
Founded
2006
How Spiceworks CEO Jay Hallberg grew to $38.1M revenue and 6M customers in 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.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Spiceworks Hit $38.1m revenue in December 2023 | |
| 2020 | Spiceworks Hit $50m revenue in August 2020 | |
| 2006 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2014 | Series E | $57M | - | - | |
| 2011 | Series D | $25M | - | - | |
| 2010 | Series C | $16M | - | - | |
| 2007 | Series B | $8M | - | - | |
| 2006 | Series A | $5M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2023 | Reached 147 employees (December 2023) |
| 2022 | Reached 139 employees (December 2022) |
| 2021 | Reached 141 employees (December 2021) |
| 2020 | Reached 182 employees (December 2020) |
| 2020 | Reached 251 employees (August 2020) |
| 2020 | Reached 181 employees (June 2020) |
| 2019 | Reached 232 employees (December 2019) |
| 2018 | Reached 361 employees (December 2018) |
Frequently Asked Questions about Spiceworks
What is Spiceworks's revenue?
Spiceworks generates $38.1M in 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.
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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