2024 Revenue
$4.3M
Funding
$3M
YOY
156.8%
Team
9
Founded
2003
How VirtaMove CEO Nigel Stokes grew 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 | Quote |
|---|---|---|
| 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 | Quote |
|---|---|---|---|---|---|
| 2014 | Funding round | $3M | - | - |
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.
VirtaMove Employees & Team Size
VirtaMove employs approximately 9 people as of 2026, down from 11 in 2023, including 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) |
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.
Compare VirtaMove to the industry
VirtaMove operates across multiple industries. Browse revenue, funding, and growth data for VirtaMove 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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