2024 Revenue
$4.3M
Funding
$3M
YOY
156.8%
Team
9
Founded
2003
How VirtaMove CEO Nigel Stokes grew VirtaMove to $4.3M revenue with a 9 person team in 2024.
Developer of subscription-based application software designed to make windows applications migration more efficient than manual methods. The company's application software automatically migrates Windows applications to a newer operating system, to new in-house servers or cloud environments, enabling users to move applications from an old OS to a newer one, and to modernize and move to the cloud efficiently.
Last updated
VirtaMove Revenue
In 2024, VirtaMove's revenue reached $4.3M. The company previously reported $2.7M in 2024. Since its launch in 2003, VirtaMove has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | VirtaMove Hit $4.3m revenue in November 2024Source |
| 2024 | VirtaMove Hit $2.7m revenue in October 2024 |
| 2023 | VirtaMove Hit $1.7m revenue in December 2023 |
| 2021 | VirtaMove Hit $1.9m revenue in April 2021 |
| 2003 | Launched with $0 revenue |
VirtaMove Valuation, Funding Rounds
VirtaMove has not publicly disclosed its valuation. The company has raised $3M in total funding to date.
VirtaMove has raised $3M in total funding across 1 round, with its most recent round in 2014.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2014 | Funding round | $3M | - | - |
VirtaMove Employees & Team Size
VirtaMove employs approximately 9 people as of 2026, down from 11 in 2023.
VirtaMove has 9 total employees in different roles and functions and 8 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 9 employees (October 2024) |
| 2023 | Reached 11 employees (December 2023) |
| 2022 | Reached 14 employees (December 2022) |
| 2021 | Reached 15 employees (December 2021) |
| 2021 | Reached 28 employees (April 2021) |
Founder / CEO
Nigel Stokes
Experienced CEO & VC with more than a 30 year history of success in the computer software industry. Skilled in Big Data, Software as a Service (SaaS), Cloud Infrastructure & On-Boarding, Mergers & Acquisitions, and Start-ups. Strong business development experience with a Masters in Systems Design Engineering from the University of Waterloo & an MBA focused in Entrepreneurship/Entrepreneurial Studies from University of Toronto. BSC in Biology & Computer Science.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for VirtaMove yet.
Frequently Asked Questions about VirtaMove
What is VirtaMove's revenue?
VirtaMove generates $4.3M in revenue.
Who founded VirtaMove?
VirtaMove was founded by Nigel Stokes.
Who is the CEO of VirtaMove?
The CEO of VirtaMove is Nigel Stokes.
How much funding does VirtaMove have?
VirtaMove raised $3M.
How many employees does VirtaMove have?
VirtaMove has 9 employees.
Where is VirtaMove headquarters?
VirtaMove is headquartered in Ottawa, Ontario, Canada.
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Compare VirtaMove to the industry
VirtaMove operates across multiple industries. Browse revenue, funding, and growth data for VirtaMove 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 .