2024 Revenue
$129.3K(Est.)
Funding
$6.8M
Team
17
Founded
2008
TraitWare Revenue & Funding (2024)
TraitWare generated an estimated $129.3K in annual revenue in 2024. Source: GetLatka estimate
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 | Source |
|---|---|---|
| 2024 | TraitWare Hit $129.3k revenue in October 2024 | Estimated |
| 2023 | TraitWare Hit $96.1k revenue in November 2023 | Estimated |
| 2021 | TraitWare Hit $81.6k revenue in April 2021 | Not recorded |
| 2020 | TraitWare Hit $33.6k revenue in December 2020 | Not recorded |
| 2008 | Launched with $0 revenue |
TraitWare Valuation, Funding Rounds
TraitWare has not publicly disclosed its valuation. The company has raised $6.8M in total funding to date.
TraitWare has raised $6.8M in total funding across 2 rounds, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Funding round | $2.1M | - | - | Not recorded |
| 2010 | Funding round | $4.7M | - | - | Not recorded |
Founder / CEO
Heath Spencer
CEO
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.
TraitWare Employees & Team Size
TraitWare employs approximately 17 people as of 2026, down from 18 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 17 employees (October 2024) | Not recorded |
| 2023 | Reached 18 employees (November 2023) | Not recorded |
| 2022 | Reached 18 employees (November 2022) | Not recorded |
| 2021 | Reached 18 employees (November 2021) | Not recorded |
| 2021 | Reached 18 employees (April 2021) | Not recorded |
| 2020 | Reached 17 employees (November 2020) | Not recorded |
Frequently Asked Questions about TraitWare
What is TraitWare's revenue?
As of 2024, TraitWare generated an estimated $129.3K in annual revenue.
Who founded TraitWare?
TraitWare was founded by Heath Spencer.
When was TraitWare founded?
TraitWare was founded in 2008.
Who is the CEO of TraitWare?
The CEO of TraitWare is Heath Spencer.
How much funding does TraitWare have?
TraitWare raised $6.8M across 2 rounds.
How many employees does TraitWare have?
As of 2024, TraitWare had 17 employees.
Where is TraitWare headquartered?
TraitWare is headquartered in Nevada, California, United States.
Compare TraitWare to the industry
TraitWare operates across multiple industries. Browse revenue, funding, and growth data for TraitWare 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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