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How Bytemark CEO Eric Reese grew Bytemark to $6.1M revenue with a 63 person team in 2023.

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.

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Bytemark Revenue

In 2023, Bytemark's revenue reached $6.1M. The company previously reported $7.7M in 2021. Since its launch in 2011, Bytemark has shown consistent revenue growth.

Bytemark Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M2011201320152017201920212023$0$8M$6MSource: GetLatka.com
YearMilestone
2023Bytemark Hit $6.1m revenue in December 2023
2021Bytemark Hit $7.7m revenue in April 2021
2011Launched 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.

Bytemark Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$8M$15M$23M$30M$38M2011201220132014201520162017201820192011 cumulative: $0 • 2011 Founded: $02012 cumulative: $2M • 2011 Founded: $0 • 2012 Funding round: $2M2016 cumulative: $11M • 2011 Founded: $0 • 2012 Funding round: $2M • 2016 Funding round: $9M2018 cumulative: $24M • 2011 Founded: $0 • 2012 Funding round: $2M • 2016 Funding round: $9M • 2018 Funding round: $13M2019 cumulative: $31M • 2011 Founded: $0 • 2012 Funding round: $2M • 2016 Funding round: $9M • 2018 Funding round: $13M • 2019 Funding round: $7M$31M2011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$6.5M--
2018Funding round$13M--
2016Funding round$9M--
2012Funding round$2.1M--

Bytemark Employees & Team Size

Bytemark employs approximately 63 people as of 2026, down from 88 in 2022.

Bytemark has 63 total employees in different roles and functions.

Bytemark Team GrowthReported headcount over time0204060801002011201320152017201920212023006363Source: GetLatka.com
YearMilestone
2023Reached 63 employees (December 2023)
2022Reached 88 employees (December 2022)
2021Reached 95 employees (December 2021)
2021Reached 91 employees (April 2021)

Founder / CEO

Eric Reese

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.

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Customers

We do not have customer count information for Bytemark yet.

Frequently Asked Questions about Bytemark

What is Bytemark's revenue?

Bytemark generates $6.1M in revenue.

Who founded Bytemark?

Bytemark was founded by Eric Reese.

Who is the CEO of Bytemark?

The CEO of Bytemark is Eric Reese.

How much funding does Bytemark have?

Bytemark raised $30.6M.

How many employees does Bytemark have?

Bytemark has 63 employees.

Where is Bytemark headquarters?

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.

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 .

Bytemark Revenue 2023: $6.1M ARR, $30.6M Raised