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Axeda revenue is $632.4 million

Axeda team size is 7277 employees


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Axeda

- Boston, Massachusetts, United States

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How Axeda hit $632.4M Revenue with 150 customers in 2022.

Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises. The company offers Axeda ServiceLink, an enterprise software system that enables product manufacturers to provide remote service to their customers; and Axeda On-Demand, the software-as-a-service version of Axeda ServiceLink that enables to outsource the IT management responsibilities of remote service implementation. Its software is used in various applications, including diagnosis and repair, remote access, and proactive problem detection, as well as case and patch management, preventive maintenance, and usage monitoring. The company also provides consulting and implementation, customer support, education, and hosting services. It serves homeland security, medical, life sciences, information technology, telecommunications, print and imaging, kiosks, industrial, semiconductor, and building automation markets. The company was founded in 2000

Founded

2000

Founded

Revenue

$632.4M

2022 Revenue

YOY
-----

YOY

Funding

$22M

Funding


Axeda Revenue

In 2022, Axeda revenue run rate hit $632.4M in revenue.

  • 2021

    Axeda hit $632.4M in revenue in 2021

  • 2000

    Axeda launched in 2000 with $0 revenue

$632.4M

Axeda Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2013

    Axeda raised a of $12M

  • 2013

    Axeda raised a of $5M

  • 2009

    Axeda raised a of $5M

FUNDING DATEROUNDAMOUNTVALUATION
08/20/2013 $12M
06/03/2013 $5M
10/26/2009 $5M

Team

Axeda has 7277 total employees and 19 sales reps that carry a quota. They have 150 customers and a marketing team of 1

2021
DISTRIBUTIONQTY
Total team size
7277
Engineer
0(0%)
Sales
19(0%)
Marketing
1(0%)

CEO/Founder

Jim Heppelmann

Jim Heppelmann is president and CEO of PTC, responsible for driving the company’s global business strategy and operations. Since his appointment to CEO in 2010, Jim has spear-headed PTC’s thought leadership and development of its market-leading suite of technology—including computer-aided design (CAD), product lifecycle management (PLM), the internet of things (IoT), and augmented reality (AR). Prior to PTC, Jim cofounded Windchill Technology which PTC acquired in 1998. Previous to his work with Windchill Technology, Jim was CTO at Metaphase Technology.

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Customers

Axeda has 150 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Axeda has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Axeda

Monthly Revenue

$52.7M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Axeda Board of Directors

NamePosition

Axeda Executives

NamePosition
Jim Heppelmann CEO

Axeda Employees

NamePosition
Jim Heppelmann CEO

Frequently Asked Questions about Axeda

When was Axeda founded?

Axeda was founded in 2000.

How much revenue does Axeda generate?

Axeda generates $632.4M in revenue.

Who is the CEO of Axeda?

The CEO of Axeda is Jim Heppelmann.

How much funding does Axeda have?

Axeda was raised $22M.

How many employees does Axeda have?

Axeda has raised 7277 employees.

Where is Axeda headquarters?

Axeda headquater is at United States