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Valuation

$400M

2024 Revenue

$258.3M

Customers

250

Funding

$245.2M

Avg ACV

$1M

Team

949

Churn

5%

Founded

2009

How Alkami Technology CEO Alex Shootman grew to $258.3M revenue and 250 customers in 2024.

Alkami Technology develops and delivers digital banking solutions for credit unions and banks. Its product includes ORB Platform which is a Software-as-a-Service (SaaS) solution that offers retail banking features, such as P2P, card controls, alerts, account aggregation, rewards, shared access, PFM, and analytics; business banking, which includes managing payroll and wires and payments, and administering sub-users and their permissions; integrated mobile banking; and intelligent content delivery. Further, Alkami Technology features retail, business, mobile, bill pay, personal finance management, person-to-person payments, and marketing; and features an integrated content management system that delivers one-to-one product marketing and cross-sells opportunities.

Last updated

Alkami Technology Revenue

In 2024, Alkami Technology's revenue reached $258.3M. The company previously reported $51M in 2020. Since its launch in 2009, Alkami Technology has shown consistent revenue growth.

Alkami Technology Revenue GrowthReported revenue / ARR over time$0$60M$120M$180M$240M$300M200920112013201520172019202120232024$0$51M$258MSource: GetLatka.com
YearMilestoneQuote
2024Alkami Technology Hit $258.3m revenue in December 2024Source
2020Alkami Technology Hit $51m revenue in August 2020
2009Launched with $0 revenue

Alkami Technology Valuation, Funding Rounds

Alkami Technology reached a $400M valuation in 2018, set during its Series D round.

Alkami Technology has raised $245.2M in total funding across 9 rounds, most recently a $55M Series E round in 2019.

Alkami Technology Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$100M$60M$200M$120M$300M$180M$400M$240M$500M$300M200920112013201520172019$400MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Series E$55M--
2018Series D$70M$400M18%
2017Series C$60.4M--
2016Venture Round$2.8M--
2015Venture Round$11M--
2014Venture Round$23.7M--
2014Series B$13.8M--
2012Series A$4.8M--
2011Venture Round$3.7M--

Founder / CEO

Alex Shootman

Alex Shootman is listed as Founder / CEO at Alkami Technology.

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Customers

Alkami Technology serves 250 customers.

Alkami Technology Employees & Team Size

Alkami Technology employs approximately 949 people as of 2026, up from 567 in 2020. It serves 250 customers that rely on its solutions.

Alkami Technology Team GrowthReported headcount over time02004006008001,00020092011201320152017201920212023202400567567949949Source: GetLatka.com
YearMilestone
2024Reached 949 employees (December 2024)
2020Reached 567 employees (August 2020)

Frequently Asked Questions about Alkami Technology

What is Alkami Technology's revenue?

Alkami Technology generates $258.3M in revenue.

Who founded Alkami Technology?

Alkami Technology was founded by Alex Shootman.

Who is the CEO of Alkami Technology?

The CEO of Alkami Technology is Alex Shootman.

How much funding does Alkami Technology have?

Alkami Technology raised $245.2M.

How many employees does Alkami Technology have?

Alkami Technology has 949 employees.

Where is Alkami Technology headquarters?

Alkami Technology is headquartered in Plano, Texas, United States.

Compare Alkami Technology to the industry

Alkami Technology operates across multiple industries. Browse revenue, funding, and growth data for Alkami Technology 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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Alkami Technology Revenue 2024: $258.3M ARR, $400M Valuation