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How Axceler CEO Michael Alden grew Axceler to $905.9K revenue and 3K customers in 2021.

Developer of administration and development software for collaborative platforms. The company provides client management, permissions management and workflow add-on tools for lotus notes customers and notes technical professionals.

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Axceler Revenue

In 2021, Axceler's revenue reached $905.9K. Since its launch in 1994, Axceler has shown consistent revenue growth.

Axceler Revenue GrowthReported revenue / ARR by year$0$200K$400K$600K$800K$1M199419961998200020022004200620082010201220142016201820202021$0$906KSource: GetLatka.com
YearMilestone
2021Axceler Hit $905.9k revenue in April 2021
1994Launched with $0 revenue

Axceler Valuation, Funding Rounds

Axceler's most recent disclosed valuation is $2.7M.

Axceler is a bootstrapped Application Development Software startup. Founded in 1994, Axceler has grown to $905.9K in revenue without raising any venture capital or outside funding.

As a self-funded Application Development Software SaaS company, Axceler has built its business with no outside investment.

Axceler Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119941994 cumulative: $0 • 1994 Founded: $01994 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Axceler Employees & Team Size

Axceler employs approximately 16 people as of 2026.

Axceler has 16 total employees in different roles and functions and 5 sales reps that carry a quota. They have 3K customers that rely on the company's solutions.

Axceler Team GrowthReported headcount over time048121620199419961998200020022004200620082010201220142016201820202021001616Source: GetLatka.com
YearMilestone
2021Reached 16 employees (April 2021)

Founder / CEO

Michael Alden

Patrick joined Quest in April 2020 as CEO and is responsible for setting the global strategic direction of the organization. A data-centric business leader, Patrick is firmly committed to G3 – Growing Our People, Growing Our Employees & Customer Engagement and Growing the Company’s existing software suite while pursuing targeted M&A opportunities. Together with his Executive Leadership Team and the backing of Francisco Partners, Patrick is obsessive about Quest’s customer value proposition, fostering a systemic approach to help customers unlock the rich data that lives within each Quest solution. He’s also passionate about fulfilling the untapped potential of employees, providing them with a core understanding of the company’s vision so they’re able to consistently anchor their goals to key performance indicators. Patrick believes in honest, two-way conversations with customers and employees to enrich the overall performance of our solutions and explore ripe avenues for innovation. A data-problem fanatic, he spends sleepless nights thinking about the pace of true technology and how Quest can light a fuse beneath it. Prior to Quest, Patrick was CEO of the Corel Corporation where he cultivated a results-driven culture and delivered a world-class product suite focused on design, collaboration, and knowledge worker software for ~100 million customers. His 22+ career in technology includes time spent running and acquiring enterprise software businesses for ESW Capital. Along with his executive experience, Patrick served in product management and technical consulting roles and was a researcher for the Department of Defense and Department of Energy through the Cornell Engineering and Theory Center.

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Customers

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Frequently Asked Questions about Axceler

What is Axceler's revenue?

Axceler generates $905.9K in revenue.

Who founded Axceler?

Axceler was founded by Michael Alden.

Who is the CEO of Axceler?

The CEO of Axceler is Michael Alden.

How much funding does Axceler have?

Axceler raised $0.

How many employees does Axceler have?

Axceler has 16 employees.

Where is Axceler headquarters?

Axceler is headquartered in Woburn, Massachusetts, United States.

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Compare Axceler to the industry

Axceler operates across multiple industries. Browse revenue, funding, and growth data for Axceler in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Axceler Revenue 2021: $905.9K ARR, $2.7M Valuation