TraitWare
Valuation
$388K
2024 Revenue
$129.3K
Funding
$6.8M
YOY
34.6%
Team
17
Founded
2008
How TraitWare CEO Heath Spencer grew TraitWare to $129.3K revenue with a 17 person team in 2024.
Developer of a security platform designed to verify user identity without any passwords. The company's platform simplifies and secures access to protected applications and websites by eliminating dependence on the use of inconvenient and problematic usernames or separate hardware tokens, enabling clients to improves the protection by adding two-factor authentication to the login process to access digital and physical resources.
Last updated
TraitWare Revenue
In 2024, TraitWare's revenue reached $129.3K. The company previously reported $96.1K in 2023. Since its launch in 2008, TraitWare has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | TraitWare Hit $129.3k revenue in October 2024 |
| 2023 | TraitWare Hit $96.1k revenue in November 2023 |
| 2022 | TraitWare Hit $81.6k revenue in November 2022 |
| 2021 | TraitWare Hit $81.6k revenue in November 2021 |
| 2021 | TraitWare Hit $81.6k revenue in April 2021 |
| 2020 | TraitWare Hit $33.6k revenue in December 2020 |
| 2008 | Launched with $0 revenue |
TraitWare Valuation, Funding Rounds
TraitWare's most recent disclosed valuation is $388K.
TraitWare has raised $6.8M in total funding across 2 rounds, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2017 | Funding round | $2.1M | - | - |
| 2010 | Funding round | $4.7M | - | - |
TraitWare Employees & Team Size
TraitWare employs approximately 17 people as of 2026, down from 18 in 2023.
TraitWare has 17 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 17 employees (October 2024) |
| 2023 | Reached 18 employees (November 2023) |
| 2022 | Reached 18 employees (November 2022) |
| 2021 | Reached 18 employees (November 2021) |
| 2021 | Reached 18 employees (April 2021) |
| 2020 | Reached 17 employees (November 2020) |
Founder / CEO
Heath Spencer
When the world changed overnight, legacy logins—invented in 1961—suddenly made every newly-remote workforce vulnerable to cybersecurity attacks. It’s a simple problem, but a big one: your employees are no longer safe from data breaches because the majority of them are no longer working from within a cyber-safe corporate perimeter.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for TraitWare yet.
Frequently Asked Questions about TraitWare
What is TraitWare's revenue?
TraitWare generates $129.3K in revenue.
Who founded TraitWare?
TraitWare was founded by Heath Spencer.
Who is the CEO of TraitWare?
The CEO of TraitWare is Heath Spencer.
How much funding does TraitWare have?
TraitWare raised $6.8M.
How many employees does TraitWare have?
TraitWare has 17 employees.
Where is TraitWare headquarters?
TraitWare is headquartered in Nevada, California, United States.
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Compare TraitWare to the industry
TraitWare operates across multiple industries. Browse revenue, funding, and growth data for TraitWare 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 .