Valuation
$687.7K
2024 Revenue
$229.2K
Customers
1.3K
Funding
$0
YOY
33.1%
Avg ACV
$171
Team
110
Founded
1995
How Comax smart E.R.P CEO Moti Frenkel grew to $229.2K revenue and 1.3K customers in 2024.
COMAX, developed by Native Data Systems, is the leader in cloud computing in Israel.
The company's expertise is development of information systems and ERP services for businesses and organizations.
The first ERP system developed by the company was in an AS/400 environment, sold to and installed at large organizations involved in real-estate, construction (Ashtrom, Danker, Levinstein, IDB's Hon), and building-related retail market such as furniture (Beitili), ceramic tiles, kitchen and bath fixtures (Zahavi-Atzmon), and carpentry hardware (Domicile).
In 2002, the company made a critical strategic decision which accurately foresaw the IT trend. Native Data developed a new ERP system in the technology and business model known today as SaaS (Software as a Service).
This decision was made based on the understanding of the future business market regarding web-based software services.
COMAX SMART RETAIL ERP was developed to fulfill the needs of the retail market in gen
Last updated
Comax smart E.R.P Revenue
In 2024, Comax smart E.R.P's revenue reached $229.2K. The company previously reported $172.2K in 2023. Since its launch in 1995, Comax smart E.R.P has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Comax smart E.R.P Hit $229.2k revenue in October 2024 | |
| 2023 | Comax smart E.R.P Hit $172.2k revenue in December 2023 | |
| 2021 | Comax smart E.R.P Hit $152.7k revenue in April 2021 | |
| 1995 | Launched with $0 revenue |
Comax smart E.R.P Valuation, Funding Rounds
Comax smart E.R.P's most recent disclosed valuation is $687.7K.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Comax smart E.R.P serves 1.3K customers.
Comax smart E.R.P Employees & Team Size
Comax smart E.R.P employs approximately 110 people as of 2026, up from 100 in 2023, including 1 sales reps that carry a quota. It serves 1.3K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 110 employees (October 2024) |
| 2023 | Reached 100 employees (December 2023) |
| 2022 | Reached 100 employees (December 2022) |
| 2021 | Reached 106 employees (December 2021) |
| 2021 | Reached 2 employees (April 2021) |
Frequently Asked Questions about Comax smart E.R.P
What is Comax smart E.R.P's revenue?
Comax smart E.R.P generates an estimated $229.2K in annual revenue.
Who founded Comax smart E.R.P?
Comax smart E.R.P was founded by Moti Frenkel.
Who is the CEO of Comax smart E.R.P?
The CEO of Comax smart E.R.P is Moti Frenkel.
How much funding does Comax smart E.R.P have?
Comax smart E.R.P raised $0.
How many employees does Comax smart E.R.P have?
Comax smart E.R.P has 110 employees.
Where is Comax smart E.R.P headquarters?
Comax smart E.R.P is headquartered in Bnei brak, Israel.
Compare Comax smart E.R.P to the industry
Comax smart E.R.P operates across multiple industries. Browse revenue, funding, and growth data for Comax smart E.R.P 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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