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CloudLex Revenue & Funding (2024)

CloudLex generated an estimated $12.7M in annual revenue in 2024. Source: GetLatka estimate

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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.

CloudLex Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$3M$6M$9M$12M$15M201520172019202120232024$0$4.6M$12.7MSource: GetLatka.com
YearMilestoneSource
2024CloudLex Hit $12.7m revenue in October 2024Estimated
2023CloudLex Hit $7.8m revenue in December 2023Estimated
2020CloudLex Hit $4.6m revenue in August 2020Not recorded
2015Launched 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.

CloudLex Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M2015201620172018Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Series B$4M--Not recorded
2016Series A$3.7M--Not recorded

Founder / CEO

Dev Shrotri

CEO

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.

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.

CloudLex Team GrowthReported headcount over time020406080100201520172019202120232024008080Source: GetLatka.com
YearMilestoneSource
2024Reached 80 employees (December 2024)Not recorded
2024Reached 84 employees (October 2024)Not recorded
2023Reached 67 employees (December 2023)Not recorded
2022Reached 65 employees (December 2022)Not recorded
2021Reached 58 employees (December 2021)Not recorded
2020Reached 35 employees (December 2020)Not recorded
2020Reached 51 employees (August 2020)Not recorded
2020Reached 38 employees (June 2020)Not recorded
2019Reached 35 employees (December 2019)Not recorded
2018Reached 39 employees (December 2018)Not recorded

Frequently Asked Questions about CloudLex

What is CloudLex's revenue?

As of 2024, CloudLex generated an estimated $12.7M in annual 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 across 2 rounds.

How many employees does CloudLex have?

As of 2024, CloudLex had 80 employees.

Where is CloudLex headquartered?

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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