SafetyTek Software

SafetyTek Software

Acquired
safetyteksoftware.com·Canada·Updated Dec 8, 2022

Cloud-based EHS safety engagement platform for workforce safety management, acquired by Safety Evolution in 2022.

SaaSHealth

Est. Valuation

$2.3M

$2,250,000 · 5× ARR estimate

Monthly Revenue (MRR)

$37.5K

$37,500/mo

Annual Revenue (ARR)

$450K

$450,000/yr

Founded

2014

SafetyTek Software Revenue History

Revenue history for SafetyTek Software from 2022 to 2026.

YearMRRARRYoY GrowthSource
2022$37,500$450,000Dec 2022

How SafetyTek Software Makes Money

subscriptions

SafetyTek Software Funding

SafetyTek Software is fully bootstrapped with no outside funding. The company has grown to $450,000 ARR organically.

SafetyTek Software Founders

Ryan Quiring

Founder & CEO

SafetyTek Software FAQ

How much does SafetyTek Software make?
SafetyTek Software generates $37,500 in monthly recurring revenue (MRR), which is $450,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is SafetyTek Software's valuation?
SafetyTek Software's estimated valuation is $2,250,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded SafetyTek Software?
SafetyTek Software was founded in 2014 by Ryan Quiring (Founder & CEO). The company is based in CA.
Is SafetyTek Software bootstrapped?
Yes, SafetyTek Software is fully bootstrapped with no outside funding. The company has grown to $450,000 ARR organically as a solo-founder business.
What does SafetyTek Software do?
Cloud-based EHS safety engagement platform for workforce safety management, acquired by Safety Evolution in 2022. SafetyTek Software operates in the SaaS, Health space.

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How We Estimate SafetyTek Software's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.