HMS Software

HMS Software

timecontrol.com·Canada·Updated Jul 24, 2022

Enterprise timesheet and project management SaaS (TimeControl) for billing, attendance, R&D tax credits, and project scheduling.

SaaSProductivityAnalytics

Est. Valuation

$16.8M

$16,800,000 · 5× ARR estimate

Monthly Revenue (MRR)

$280K

$280,000/mo

Annual Revenue (ARR)

$3.4M

$3,360,000/yr

Employees

25

Founded

1984

HMS Software Revenue History

Revenue history for HMS Software from 2022 to 2026.

YearMRRARRYoY GrowthSource
2022$280,000$3,360,000Jul 2022

How HMS Software Makes Money

subscriptions

HMS Software Funding

HMS Software is fully bootstrapped with no outside funding. The company has grown to $3,360,000 ARR organically.

HMS Software Founders

Chris Vander Slewis

Founder, President & CEO

HMS Software FAQ

How much does HMS Software make?
HMS Software generates $280,000 in monthly recurring revenue (MRR), which is $3,360,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is HMS Software's valuation?
HMS Software's estimated valuation is $16,800,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded HMS Software?
HMS Software was founded in 1984 by Chris Vander Slewis (Founder, President & CEO). The company is based in CA.
Is HMS Software bootstrapped?
Yes, HMS Software is fully bootstrapped with no outside funding. The company has grown to $3,360,000 ARR organically as a solo-founder business.
What does HMS Software do?
Enterprise timesheet and project management SaaS (TimeControl) for billing, attendance, R&D tax credits, and project scheduling. HMS Software operates in the SaaS, Productivity, Analytics space.

How We Estimate HMS 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.