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Valuation

$12M

2024 Revenue

$1.4M

Funding

$2M

YOY

94.5%

Team

20

Founded

2017

How Andonix CEO David Yanez grew to $1.4M revenue with a 20 person team in 2024.

Developer of a smart work station digital platform intended to empower and connect front line automotive manufacturing workers where continuous process change and knowledge is most needed to create, protect and deliver higher performance. The company's platform offers value by effectively enhancing operational performance, improves communication, reporting tool that offers valuable insights on people and process, enabling customers in the automotive manufacturing sector to have better ways to train and supervise workers and enhance on-the-job training.

Last updated

Andonix Revenue

In 2024, Andonix's revenue reached $1.4M. The company previously reported $721K in 2023. Since its launch in 2017, Andonix has shown consistent revenue growth.

Andonix Revenue GrowthReported revenue / ARR over time$0$300K$600K$900K$1.2M$1.5M20172018201920202021202220232024$0$450.6K$721K$1.4MSource: GetLatka.com
YearMilestoneQuote
2024Andonix Hit $1.4m revenue in October 2024
2023Andonix Hit $721k revenue in December 2023
2021Andonix Hit $450.6k revenue in April 2021
2017Launched with $0 revenue

Andonix Valuation, Funding Rounds

Andonix reached a $12M valuation in 2019, set during its Seed Round round.

Andonix has raised $2M in total funding across 1 round, most recently a $2M Seed Round round in 2019.

Andonix Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$3M$500K$6M$1M$9M$1.5M$12M$2M$15M$2.5M201720182019$12MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Seed Round$2M$12M17%

Founders

David Yanez

CEO

David Yanez is listed as CEO at Andonix.

Oliver Theiss

Chief Revenue Officer

Oliver Theiss is listed as Chief Revenue Officer at Andonix.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Andonix yet.

Andonix Employees & Team Size

Andonix employs approximately 20 people as of 2026, down from 24 in 2023.

Andonix Team GrowthReported headcount over time061218243020172018201920202021202220232024002020Source: GetLatka.com
YearMilestone
2024Reached 20 employees (October 2024)
2023Reached 24 employees (December 2023)
2022Reached 24 employees (December 2022)
2021Reached 18 employees (December 2021)
2021Reached 16 employees (April 2021)

Frequently Asked Questions about Andonix

What is Andonix's revenue?

Andonix generates an estimated $1.4M in annual revenue.

Who is the CEO of Andonix?

The CEO of Andonix is David Yanez.

How much funding does Andonix have?

Andonix raised $2M across 1 round.

How many employees does Andonix have?

Andonix has 20 employees.

Where is Andonix headquarters?

Andonix is headquartered in Detroit, Ontario, Canada.

Compare Andonix to the industry

Andonix operates across multiple industries. Browse revenue, funding, and growth data for Andonix 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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