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ValidSoft Revenue (2024)

Provider of security software services. The company provides telecommunications-based, multi-factor mutual authentication, identity and transaction verification services for electronic transaction channels.

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ValidSoft Revenue

In 2024, ValidSoft's revenue reached $2.1M. The company previously reported $1.2M in 2023. Since its launch in 2000, ValidSoft has shown consistent revenue growth.

ValidSoft Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$500K$1M$1.5M$2M$2.5M2000200220042006200820102012201420162018202020222024$0$701.3K$2.1MSource: GetLatka.com
YearMilestoneSource
2024ValidSoft Hit $2.1m revenue in October 2024Estimated
2023ValidSoft Hit $1.2m revenue in December 2023Estimated
2021ValidSoft Hit $701.3k revenue in April 2021
2000Launched with $0 revenue

ValidSoft Valuation, Funding Rounds

ValidSoft is a bootstrapped Security Compliance Software startup. Founded in 2000, ValidSoft has grown to $2.1M in revenue without raising any venture capital or outside funding.

As a self-funded Security Compliance Software SaaS company, ValidSoft has built its business with no outside investment.

ValidSoft Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12000Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Pat Carroll

CEO

Pat is the founder, Executive Chairman and CEO of ValidSoft. He has over 25 years of experience in Information Technology and Financial Markets, where he has been an industry thought leader, and domain expert in security, strong authentication and voice biometrics. At ValidSoft, he leads our endeavours in commercializing the results of our extensive research and development. Prior to founding ValidSoft, Pat was the European Head of Electronic Trading Technology, co-head of the European Equities Technology and a technical advisor to the Investment Banking Division for Goldman Sachs. Pat has further extensive Financial Services & technical experience, having worked in senior roles with J.P Morgan, Credit Suisse Financial Products and Bankers Trust Company.

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Customers

We do not have customer count information for ValidSoft yet.

ValidSoft Employees & Team Size

ValidSoft employs approximately 47 people as of 2026, up from 46 in 2023.

ValidSoft Team GrowthReported headcount over time013253850632000200220042006200820102012201420162018202020222024004747Source: GetLatka.com
YearMilestoneSource
2024Reached 47 employees (October 2024)
2023Reached 46 employees (December 2023)
2022Reached 53 employees (December 2022)
2021Reached 53 employees (December 2021)
2021Reached 30 employees (April 2021)

Frequently Asked Questions about ValidSoft

What is ValidSoft's revenue?

ValidSoft generates an estimated $2.1M in annual revenue.

Who founded ValidSoft?

ValidSoft was founded by Pat Carroll.

Who is the CEO of ValidSoft?

The CEO of ValidSoft is Pat Carroll.

How much funding does ValidSoft have?

ValidSoft is bootstrapped and has not raised outside funding.

How many employees does ValidSoft have?

ValidSoft has 47 employees.

Where is ValidSoft headquarters?

ValidSoft is headquartered in Hartford, Connecticut, United States.

Compare ValidSoft to the industry

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