Valuation
$340M
2017 Revenue
$38.4M
Customers
800K
Funding
$15M
Avg ACV
$48
Team
116
Churn
24%
Founded
2008
How Tsheets CEO Matt Rissell grew to $38.4M revenue and 800K customers in 2017.
TSheets is a time tracking and employee scheduling app for companies needing to track, manage, and report time.
Last updated
Tsheets Revenue
In 2017, Tsheets's revenue reached $38.4M. Since its launch in 2008, Tsheets has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2017 | Tsheets Hit $38.4m revenue in September 2017 | |
| 2008 | Launched with $0 revenue |
Tsheets Valuation, Funding Rounds
Tsheets's most recent disclosed valuation is $340M.
Tsheets has raised $15M in total funding across 1 round, most recently a $15M Series A round in 2015.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2015 | Series A | $15M | - | - |
Founder / CEO
Matt Rissell
It’s simple. We understand small businesses because that’s how we started. Once upon a time, Matt Rissell was a business owner, struggling to track his employees’ time. When he was unable to find a solution to suit his needs, he created one himself with the help of his friend and software engineer (and eventual co-founder), Brandon Zehm. The year was 2006. It wasn’t long before TSheets was the No. 1 time tracking app on the planet-with customer service to match-and folks took notice. Our story is what happens when you put customers first and are powered by passion and hard work. Our fuel is our people who live and breathe what they do. In 2018, we officially joined the Intuit family. It was the culmination of careful deliberation and close partnerships. Ultimately, two become a whole. And the best has yet to come.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 43 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Tsheets serves 800K customers.
Tsheets Employees & Team Size
Tsheets employs approximately 116 people as of 2026, down from 133 in 2019, including 12 sales reps that carry a quota. It serves 800K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2020 | Reached 116 employees (December 2020) |
| 2020 | Reached 124 employees (June 2020) |
| 2019 | Reached 133 employees (December 2019) |
| 2018 | Reached 136 employees (December 2018) |
| 2017 | Reached 240 employees (September 2017) |
Frequently Asked Questions about Tsheets
What is Tsheets's revenue?
Tsheets generates $38.4M in revenue.
Who is the CEO of Tsheets?
The CEO of Tsheets is Matt Rissell.
How much funding does Tsheets have?
Tsheets raised $15M.
How many employees does Tsheets have?
Tsheets has 116 employees.
Where is Tsheets headquarters?
Tsheets is headquartered in Eagle, Idaho, United States.
Compare Tsheets to the industry
Tsheets operates across multiple industries. Browse revenue, funding, and growth data for Tsheets in each sector below.
Read More About Tsheets
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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