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Developer of an online project management platform designed to manage projects online and in real-time. The company's platform allows users to execute project deliverables on a secure, mobile-accessible, cloud-based platform, enabling engineers to manage manpower efficiently, track and share documents without manual intervention, monitor work progress in real time, enforce quality procedures with 100% accuracy and collaborate effortlessly from anywhere.
Last updated
In 2024, Wrench Solutions's revenue reached $15.6M. The company previously reported $10.9M in 2023. Since its launch in 1994, Wrench Solutions has shown consistent revenue growth.
Wrench Solutions is a bootstrapped Team Collaboration Software startup. Founded in 1994, Wrench Solutions has grown to $15.6M in revenue without raising any venture capital or outside funding.
As a self-funded Team Collaboration Software SaaS company, Wrench Solutions has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Engineer turned entrepreneur, passionate about the transformative power of IT, built smart data, collaboration, and project management solutions for over 8000+ projects in Engineering & Construction verticals, launched a cloud-based version that harnesses the latest advances in web technology, smart devices , machine learning, and artificial intelligence to automate project planning, collaboration, quality enforcement, predictive progress analysis, and real-time monitoring.
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Wrench Solutions serves 90 customers.
Wrench Solutions employs approximately 253 people as of 2026, up from 223 in 2023, including 58 sales reps that carry a quota. It serves 90 customers that rely on its solutions.
Wrench Solutions generates an estimated $15.6M in annual revenue.
Wrench Solutions was founded by Varghese Daniel.
The CEO of Wrench Solutions is Varghese Daniel.
Wrench Solutions is bootstrapped and has not raised outside funding.
Wrench Solutions has 253 employees.
Wrench Solutions is headquartered in Bangalore, Karnataka, India.
Wrench Solutions operates across multiple industries. Browse revenue, funding, and growth data for Wrench Solutions 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
$15.6M(Est.)
Customers
90
Funding
$0
Avg ACV
$173.3K
Team
253
Founded
1994
| Year | Milestone | Source |
|---|---|---|
| 2024 | Wrench Solutions Hit $15.6m revenue in October 2024 | Estimated |
| 2023 | Wrench Solutions Hit $10.9m revenue in December 2023 | Estimated |
| 2021 | Wrench Solutions Hit $7.9m revenue in April 2021 | |
| 1994 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 253 employees (December 2024) | |
| 2024 | Reached 249 employees (October 2024) | |
| 2023 | Reached 223 employees (December 2023) | |
| 2022 | Reached 210 employees (December 2022) | |
| 2021 | Reached 194 employees (December 2021) | |
| 2021 | Reached 188 employees (April 2021) |
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