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Provider of security software services. The company provides telecommunications-based, multi-factor mutual authentication, identity and transaction verification services for electronic transaction channels.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
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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We do not have customer count information for ValidSoft yet.
ValidSoft employs approximately 47 people as of 2026, up from 46 in 2023.
ValidSoft generates an estimated $2.1M in annual revenue.
ValidSoft was founded by Pat Carroll.
The CEO of ValidSoft is Pat Carroll.
ValidSoft is bootstrapped and has not raised outside funding.
ValidSoft has 47 employees.
ValidSoft is headquartered in Hartford, Connecticut, United States.
ValidSoft operates across multiple industries. Browse revenue, funding, and growth data for ValidSoft in each sector below.
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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2024 Revenue
$2.1M(Est.)
Funding
$0
Team
47
Founded
2000
| Year | Milestone | Source |
|---|---|---|
| 2024 | ValidSoft Hit $2.1m revenue in October 2024 | Estimated |
| 2023 | ValidSoft Hit $1.2m revenue in December 2023 | Estimated |
| 2021 | ValidSoft Hit $701.3k revenue in April 2021 | |
| 2000 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 47 employees (October 2024) | |
| 2023 | Reached 46 employees (December 2023) | |
| 2022 | Reached 53 employees (December 2022) | |
| 2021 | Reached 53 employees (December 2021) | |
| 2021 | Reached 30 employees (April 2021) |
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