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How Cadonix Ltd CEO Andrew Armstrong grew Cadonix Ltd to $3M revenue with a 28 person team in 2024.

Provider of based software, cloud based, software design, and software tool. The company operates within the industries of other software, electrical equipment, and other information technology.

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Cadonix Ltd Revenue

In 2024, Cadonix Ltd's revenue reached $3M. The company previously reported $1.5M in 2023. Since its launch in 2017, Cadonix Ltd has shown consistent revenue growth.

Cadonix Ltd Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M20172018201920202021202220232024$0$689K$1M$3MSource: GetLatka.com
YearMilestone
2024Cadonix Ltd Hit $3m revenue in October 2024
2023Cadonix Ltd Hit $1.5m revenue in December 2023
2021Cadonix Ltd Hit $688.7k revenue in April 2021
2017Launched with $0 revenue

Cadonix Ltd Valuation, Funding Rounds

Cadonix Ltd is a bootstrapped CAD Software startup. Founded in 2017, Cadonix Ltd has grown to $3M in revenue without raising any venture capital or outside funding.

As a self-funded CAD Software SaaS company, Cadonix Ltd has built its business with no outside investment.

Cadonix Ltd Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Cadonix Ltd Employees & Team Size

Cadonix Ltd employs approximately 28 people as of 2026, up from 23 in 2023.

Cadonix Ltd has 28 total employees in different roles and functions and 1 sales reps that carry a quota.

Cadonix Ltd Team GrowthReported headcount over time061218243020172018201920202021202220232024002828Source: GetLatka.com
YearMilestone
2024Reached 28 employees (October 2024)
2023Reached 23 employees (December 2023)
2022Reached 17 employees (December 2022)
2021Reached 13 employees (December 2021)
2021Reached 8 employees (April 2021)

Founder / CEO

Andrew Armstrong

Andrew Armstrong is listed as Founder / CEO at Cadonix Ltd.

Q&A

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Customers

We do not have customer count information for Cadonix Ltd yet.

Frequently Asked Questions about Cadonix Ltd

What is Cadonix Ltd's revenue?

Cadonix Ltd generates $3M in revenue.

Who founded Cadonix Ltd?

Cadonix Ltd was founded by Andrew Armstrong.

Who is the CEO of Cadonix Ltd?

The CEO of Cadonix Ltd is Andrew Armstrong.

How much funding does Cadonix Ltd have?

Cadonix Ltd raised $0.

How many employees does Cadonix Ltd have?

Cadonix Ltd has 28 employees.

Where is Cadonix Ltd headquarters?

Cadonix Ltd is headquartered in Oxford, England, United Kingdom.

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Compare Cadonix Ltd to the industry

Cadonix Ltd operates across multiple industries. Browse revenue, funding, and growth data for Cadonix Ltd 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 .

Cadonix Ltd Revenue 2024: $3M ARR (Bootstrapped)