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How Useful Systems CEO Jay Crain grew Useful Systems to $294K revenue with a 3 person team in 2016.

Useful Systems develops a mobile management software solution to better track the tasks done by workers in the field.

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Useful Systems Revenue

In 2016, Useful Systems's revenue reached $294K. Since its launch in 2011, Useful Systems has shown consistent revenue growth.

Useful Systems Revenue GrowthReported revenue / ARR by year$0$75K$150K$225K$300K$375K201120122013201420152016$0$294KSource: GetLatka.com
YearMilestone
2016Useful Systems Hit $294k revenue in September 2016
2011Launched with $0 revenue

Useful Systems Valuation, Funding Rounds

Useful Systems reached a $882K valuation in 2013, set during its Seed Round round.

Useful Systems has raised $1.6M in total funding across 2 rounds, most recently a $1.3M Venture Round round in 2016.

Useful Systems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$500K$1M$2M$2M$3M2011201220132014201520162011 cumulative: $0 • 2011 Founded: $02013 cumulative: $250K • 2011 Founded: $0 • 2013 Seed Round: $250K @ $2M valuation2016 cumulative: $2M • 2011 Founded: $0 • 2013 Seed Round: $250K @ $2M valuation • 2016 Venture Round: $1M$2M2011 Founded: $0 valuation2013 Seed Round: $2M valuation$2MSource: GetLatka.com
YearRoundAmountValuation% Sold
2016Venture Round$1.3M--
2013Seed Round$250K$2M13%

Useful Systems Employees & Team Size

Useful Systems employs approximately 3 people as of 2026.

Useful Systems has 3 total employees in different roles and functions.

Useful Systems Team GrowthReported headcount over time0122342011201220132014201520160033Source: GetLatka.com
YearMilestone
2016Reached 3 employees (September 2016)

Founder / CEO

Jay Crain

Jay Crain is the Co-Founder + CEO at Useful Systems.

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Customers

We do not have customer count information for Useful Systems yet.

Frequently Asked Questions about Useful Systems

What is Useful Systems's revenue?

Useful Systems generates $294K in revenue.

Who founded Useful Systems?

Useful Systems was founded by Jay Crain.

Who is the CEO of Useful Systems?

The CEO of Useful Systems is Jay Crain.

How much funding does Useful Systems have?

Useful Systems raised $1.6M.

How many employees does Useful Systems have?

Useful Systems has 3 employees.

Where is Useful Systems headquarters?

Useful Systems is headquartered in Boulder, Colorado, United States.

Compare Useful Systems to the industry

Useful Systems operates across multiple industries. Browse revenue, funding, and growth data for Useful Systems 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 .

Useful Systems Revenue 2016: $294K ARR, $882K Valuation