2024 Revenue
$12.7M
Funding
$7.7M
YOY
62.4%
Team
80
Founded
2015
How CloudLex CEO Dev Shrotri grew to $12.7M revenue with a 80 person team in 2024.
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CloudLex Revenue
In 2024, CloudLex's revenue reached $12.7M. The company previously reported $7.8M in 2023. Since its launch in 2015, CloudLex has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | CloudLex Hit $12.7m revenue in October 2024 | |
| 2023 | CloudLex Hit $7.8m revenue in December 2023 | |
| 2020 | CloudLex Hit $4.6m revenue in August 2020 | |
| 2015 | Launched with $0 revenue |
CloudLex Valuation, Funding Rounds
CloudLex has not publicly disclosed its valuation. The company has raised $7.7M in total funding to date.
CloudLex has raised $7.7M in total funding across 2 rounds, most recently a $4M Series B round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Series B | $4M | - | - | |
| 2016 | Series A | $3.7M | - | - |
Founder / CEO
Dev Shrotri
Dev's expertise is in the fields of cutting-edge technology, management, business process engineering, and civil litigation operations. Before CloudLex®, Dev founded and managed Lexvia Inc., one of the most extensive civil litigation support services in the U.S., providing information management services, remote paralegal support services, and comprehensive case management services to plaintiff law firms across the nation. An engineer by training, Dev has previously worked as a Consultant with Ernst & Young in New York City, where he helped his clients in the Telecom, Media and Networks sector. Additionally, Dev has worked as a Software Consultant at Sprint Communications in Kansas City, where he helped develop and implement the Local Number Portability System (LNP). Dev's graduate research focused on Multi-Agent Based Intelligent Software Systems and included projects with EPA and DARPA. Amongst his many publications, one of the most notable is his book chapter on Agent-Based Systems: Distributed Coordination of an Agent Society Based on Obligations and Commitments to Negotiated Agreements, which was published by Carnegie Mellon, Springer Verlag, U.S. Dev holds an MBA from Columbia Business School, New York, an MS in Computer Science & Engineering from University of South Carolina, Columbia, and a BS in Electrical Engineering from Jabalpur Engineering College, India.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for CloudLex yet.
CloudLex Employees & Team Size
CloudLex employs approximately 80 people as of 2026, up from 67 in 2023, including 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 80 employees (December 2024) |
| 2024 | Reached 84 employees (October 2024) |
| 2023 | Reached 67 employees (December 2023) |
| 2022 | Reached 65 employees (December 2022) |
| 2021 | Reached 58 employees (December 2021) |
| 2020 | Reached 35 employees (December 2020) |
| 2020 | Reached 51 employees (August 2020) |
| 2020 | Reached 38 employees (June 2020) |
| 2019 | Reached 35 employees (December 2019) |
| 2018 | Reached 39 employees (December 2018) |
Frequently Asked Questions about CloudLex
What is CloudLex's revenue?
CloudLex generates $12.7M in revenue.
Who founded CloudLex?
CloudLex was founded by Dev Shrotri.
Who is the CEO of CloudLex?
The CEO of CloudLex is Dev Shrotri.
How much funding does CloudLex have?
CloudLex raised $7.7M.
How many employees does CloudLex have?
CloudLex has 80 employees.
Where is CloudLex headquarters?
CloudLex is headquartered in New York, New York, United States.
Compare CloudLex to the industry
CloudLex operates across multiple industries. Browse revenue, funding, and growth data for CloudLex 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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