Bytemark
New York, New York, United States
2023 Revenue
$6.1M(Est.)
Funding
$30.6M
Team
63
Founded
2011
Bytemark Revenue & Funding (2023)
Bytemark generated an estimated $6.1M in annual revenue in 2023. Source: GetLatka estimate
Operator of a cloud-based transit fare collection platform intended to offer mobile ticketing services. The company's platform offers a comprehensive suite of products that digitize transit passes, tickets and fare media in a variety of innovative ways, enabling clients to purchase fare products in a simple and instantaneous manner by means of web-based and smartphone-based purchasing experiences.
Last updated
Bytemark Revenue
In 2023, Bytemark's revenue reached $6.1M. The company previously reported $7.7M in 2021.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Bytemark Hit $6.1m revenue in December 2023 | Estimated |
| 2021 | Bytemark Hit $7.7m revenue in April 2021 | Not recorded |
| 2011 | Launched with $0 revenue |
Bytemark Valuation, Funding Rounds
Bytemark has not publicly disclosed its valuation. The company has raised $30.6M in total funding to date.
Bytemark has raised $30.6M in total funding across 4 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $6.5M | - | - | Not recorded |
| 2018 | Funding round | $13M | - | - | Not recorded |
| 2016 | Funding round | $9M | - | - | Not recorded |
| 2012 | Funding round | $2.1M | - | - | Not recorded |
Founder / CEO
Eric Reese
CEO
Before joining Bytemark as Chief Operating Officer in July 2019, Reese served as Vice President, Business Development at Gannett Fleming, where he led their strategic growth in their Transportation/Transit & Rail Global business lines. Prior to that, he served as Director for Global Strategy for Fare Payments for Scheidt & Bachmann. Reese also served as Director, Revenue for the Chicago Transit Authority and held various senior leadership roles within the City of Chicago. Reese is an active member in various industry associations and is a 2019 graduate of American Public Transportation Associations Leadership program.
Bytemark Employees & Team Size
Bytemark employs approximately 63 people as of 2026, down from 88 in 2022.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 63 employees (December 2023) | Not recorded |
| 2022 | Reached 88 employees (December 2022) | Not recorded |
| 2021 | Reached 95 employees (December 2021) | Not recorded |
| 2021 | Reached 91 employees (April 2021) | Not recorded |
Frequently Asked Questions about Bytemark
Is Bytemark still an independent company?
No. Bytemark was acquired.
What is Bytemark's revenue?
As of 2023, Bytemark generated an estimated $6.1M in annual revenue.
Who founded Bytemark?
Bytemark was founded by Eric Reese.
When was Bytemark founded?
Bytemark was founded in 2011.
How much funding does Bytemark have?
Bytemark raised $30.6M across 4 rounds.
How many employees does Bytemark have?
As of 2023, Bytemark had 63 employees.
Where is Bytemark headquartered?
Bytemark is headquartered in New York, New York, United States.
Compare Bytemark to the industry
Bytemark operates across multiple industries. Browse revenue, funding, and growth data for Bytemark 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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