TSheets

TSheets

Acquired
tsheets.com·United States·Updated May 9, 2018

Time tracking software for businesses, acquired by Intuit and integrated into the QuickBooks ecosystem.

SaaSProductivity

Est. Valuation

$150M

$150,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$2.5M

$2,500,000/mo

Annual Revenue (ARR)

$30M

$30,000,000/yr

Founded

2006

TSheets Revenue History

Revenue history for TSheets from 2018 to 2026.

YearMRRARRYoY GrowthSource
2018$2,500,000$30,000,000May 2018

How TSheets Makes Money

subscriptions

TSheets Funding

TSheets is fully bootstrapped with no outside funding. The company has grown to $30,000,000 ARR organically.

TSheets Founders

Matt

CEO

TSheets FAQ

How much does TSheets make?
TSheets generates $2,500,000 in monthly recurring revenue (MRR), which is $30,000,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is TSheets's valuation?
TSheets's estimated valuation is $150,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded TSheets?
TSheets was founded in 2006 by Matt (CEO). The company is based in US.
Is TSheets bootstrapped?
Yes, TSheets is fully bootstrapped with no outside funding. The company has grown to $30,000,000 ARR organically as a solo-founder business.
What does TSheets do?
Time tracking software for businesses, acquired by Intuit and integrated into the QuickBooks ecosystem. TSheets operates in the SaaS, Productivity space.

How We Estimate TSheets'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.