Latka logo

Valuation

$12M

2024 Revenue

$1.4M

Funding

$2M

YOY

94.5%

Team

20

Founded

2017

How Andonix CEO David Yanez grew Andonix 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 by year$0$300K$600K$900K$1M$2M20172018201920202021202220232024$0$451K$721K$1MSource: 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$3M$6M$9M$12M$15M2017201820192017 cumulative: $0 • 2017 Founded: $02019 cumulative: $2M • 2017 Founded: $0 • 2019 Seed Round: $2M @ $12M valuation$2M2017 Founded: $0 valuation2019 Seed Round: $12M valuation$12MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Seed Round$2M$12M17%

Founder / CEO

David Yanez

David Yanez is listed as Founder / CEO 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 $1.4M in revenue.

Who is the CEO of Andonix?

The CEO of Andonix is David Yanez.

How much funding does Andonix have?

Andonix raised $2M.

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.

Claim this profile

People Also Viewed

MishiPay logo

MishiPay

Developer of a mobile self-checkout technology designed to make online payments. The company's technology allows shoppers to pick up a product they wish to buy, scan the barcode and automatically pay with their phone, enabling shoppers to make secure cashless payments via a virtual mobile payment platform and save time by not waiting in queues.

Gvinci logo

Gvinci

Gvinci is a low-code platform where users can build enterprise apps and apps development quick and fast.

ConnectBooks logo

ConnectBooks

ConnectBooks is an Amazon FBA bookkeeping software that provides integration and profit dashboard for Amazon FBA sellers. It streamlines your bookkeeping with the very best Amazon fba accounting software and compiles and organizes all your transactional data for proper consumption so you can put it to good use in decision making, accounting, compliance, growth and more.

PetaGene logo

PetaGene

Operator of a technology company intended to develop genomics data compression and acceleration software. The company's compression software addresses challenges caused by growing volumes of genomics data and transparently integrates it with existing storage infrastructure and bioinformatics pipelines, offering clients with a set of software tools that reduce the size and cost of NGS data for storage and transfer.

dotin logo

dotin

Developer of an artificial intelligence platform designed to capture digital personality fingerprint. The company's business to business, SaaS platform combines psychology, structured/unstructured social and/or enterprise data, and machine learning to identify subconscious motivators and leverage these vital personality insights to improve business outcomes and the workplace itself.

LiquidText logo

LiquidText

Developer of a computer-based active reading system software. The company offers a fluid document representation built on multi-touch input interaction techniques designed to facilitate the activities of active reading including manipulation of presentation of content, control what content is displayed and where, creation of annotations and other structures on top of content, as well as navigation through content.

Andonix Revenue 2024: $1.4M ARR, $12M Valuation