Toolwatch revenue hit $2.5M in 2024

Toolwatch generates revenue from 4000 customers

Toolwatch

Englewood, Colorado, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Toolwatch hit $2.5M revenue and 4K customers in 2023.

Developer of a tool and materials management service platform designed to be used for asset tracking and inventory management. The company's platform provides an application for management systems that track and manage resources throughout an entire construction organization, enabling organizations of the construction industry to secure storing critical information about all assets in one centralized database.

Founded

1991

Founded

Revenue

$2.5M

2023 Revenue

YOY

41.8%

YOY

Funding

$1.2M

Funding

Toolwatch Revenue

In 2023, Toolwatch revenue run rate hit $2.5M in revenue.

  • 2023

    Toolwatch hit $2.5M in revenue in 2023

  • 2021

    Toolwatch hit $1.4M in revenue in 2021

  • 1991

    Toolwatch launched in 1991 with $0 revenue

Toolwatch Funding History

  • 2003

    Toolwatch raised a of in November, 2003

FUNDING DATE ROUND AMOUNT VALUATION
November, 21 2003

Team

Toolwatch has 66 total employees and 7 sales reps that carry a quota. They have 4,000 customers an engineering team of 6 and a marketing team of 2.

DISTRIBUTION QTY
Total team size 66
Engineer 6 (9%)
Sales 7 (11%)
Marketing 2 (3%)

Founder / CEO

Don Kafka

Don Kafka is the Founder and CEO of ToolWatch Corporation. Kafka founded ToolWatch in 1991 with a vision to create the construction industry's first and most comprehensive system for tracking and managing a company's tools and equipment. Under his leadership, ToolWatch has rapidly grown to become the world's leading provider of construction resource management solutions. Specialties: Tools and equipment management software and technology for construction, utilities, municipalities, etc.

Q&A

  • What's your age?

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Customers

Churn

Toolwatch Executives

Name Position Working Email Personal Email
Don Kafka CEO [email protected] -

Toolwatch Employees

Name Position Working Email Personal Email
Don Kafka CEO [email protected] -

Frequently Asked Questions about Toolwatch

  • When was Toolwatch founded?

    Toolwatch was founded in 1991.

  • How much revenue does Toolwatch generate?

    Toolwatch generates $2.5M in revenue.

  • Who is the CEO of Toolwatch

    The CEO of Toolwatch is Don Kafka.

  • How much funding does Toolwatch have?

    Toolwatch raised $1.2M.

  • How many employees does Toolwatch have?

    Toolwatch has 66 employees.

  • Where is Toolwatch headquarters?

    Toolwatch is headquartered at Englewood, Colorado, United States

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