Latka logo

How ConicIT CEO Eli Hizkiyev grew ConicIT to $3M revenue with a 21 person team in 2024.

Developer of performance analytics technologies designed to focus on developing an unique self learning behavioral analysis technology for optimizing mainframe performance. The company's technologies utilize proprietary mathematical models and self-learning algorithms, offer real time tracking of critical resource behavioral patterns and predicts abnormal behavior of these resources before it occurs, enabling businesses to predict performance problems, helps to solve them the first time they occur and prevent their recurrences.

Last updated

ConicIT Revenue

In 2024, ConicIT's revenue reached $3M. The company previously reported $2.1M in 2023. Since its launch in 2005, ConicIT has shown consistent revenue growth.

ConicIT Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M20052007200920112013201520172019202120232024$0$2M$3MSource: GetLatka.com
YearMilestone
2024ConicIT Hit $3m revenue in October 2024
2023ConicIT Hit $2.1m revenue in December 2023
2021ConicIT Hit $1.8m revenue in April 2021
2005Launched with $0 revenue

ConicIT Valuation, Funding Rounds

ConicIT is a bootstrapped Machine Learning Software startup. Founded in 2005, ConicIT has grown to $3M in revenue without raising any venture capital or outside funding.

As a self-funded Machine Learning Software SaaS company, ConicIT has built its business with no outside investment.

ConicIT Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120052005 cumulative: $0 • 2005 Founded: $02005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

ConicIT Employees & Team Size

ConicIT employs approximately 21 people as of 2026, down from 22 in 2023.

ConicIT has 21 total employees in different roles and functions.

ConicIT Team GrowthReported headcount over time0102030405020052007200920112013201520172019202120232024002121Source: GetLatka.com
YearMilestone
2024Reached 21 employees (October 2024)
2023Reached 22 employees (December 2023)
2022Reached 22 employees (December 2022)
2021Reached 23 employees (December 2021)
2021Reached 42 employees (April 2021)

Founder / CEO

Eli Hizkiyev

Eli Hizkiyev has more than 25 years of experience in the software industry working with leading information technology companies (CA and Hitachi Data Systems) and during his career has established wealth of experience and excellent track record in IT technology, Management, Sales leadership and in building IT technology companies from scratch. Eli served as SVP for sales, managing sales organization in EMEA for Swedish IT Security company – Cryptzone AB, Before that he spend more than 12 years with CA technologies (CA) in several RVP sales and technical roles and was instrumental in success of the CA Israel office in areas of IBM Mainframe, Enterprise management and IT Security solutions. In 2005 Eli was one of the leaders of Controlguard – Israeli Endpoint security Solution Company (Acquired in 2010 by Cryptzone AB) and established CoreBiz – Boutique Company providing Independent account management services for large organization. In 2010 he joint with Israel Levy and established ATROG – Business development company helping startups with funding, sales and strategic business development activities. From May 2012 he is acting as a CEO of ConicIT – Company developing predictive analytics solution for IBM Mainframe organizations. He served 10 years in Intelligent Elite unit in IDF.

Q&A

QuestionAnswer
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 ConicIT yet.

Frequently Asked Questions about ConicIT

What is ConicIT's revenue?

ConicIT generates $3M in revenue.

Who founded ConicIT?

ConicIT was founded by Eli Hizkiyev.

Who is the CEO of ConicIT?

The CEO of ConicIT is Eli Hizkiyev.

How much funding does ConicIT have?

ConicIT raised $0.

How many employees does ConicIT have?

ConicIT has 21 employees.

Where is ConicIT headquarters?

ConicIT is headquartered in Netanya, Israel.

People Also Viewed

NextME logo

NextME

NextME makes it simple for businesses to manage waitlists and serve more customers. Track visits and wait times, engage your customers in real-time with a custom virtual waiting room, and grow your business like never before. NextME leverages proprietary historical data to help businesses quote more accurate wait times during peak hours. We believe in superior customer service and that waiting in line can be done virtually, not physically. NextME's digital waitlist for businesses is available to download in the App Store today: http://apple.co/1IUTQWw We're hiring! See our current opening positions here: https://bit.ly/3llzOho Need an extra hand with a product demo? Give us a call at (877) 639-8631

BluAgent logo

BluAgent

BluAgent Technologies is a fully integrated SaaS platform that streamlines and simplify the entire safety and compliance process

Filtered.ai logo

Filtered.ai

Filtered uses performance data to maximize the quality of your current and future workforce.

Headway Essex logo

Headway Essex

Headway Essex is a charity that supports people living with acquired brain injury, ensuring they can live a fulfilling life.

Digital Horizon logo

Digital Horizon

Digital Horizon is a VC firm focused on backing exceptional entrepreneurs building B2B software-based solutions and marketplaces. With a presence in London, Tel Aviv and Moscow, Digital Horizon aims to seek out early-stage technology companies with the ultimate goal to assist them in building and scaling their business.

Trefis logo

Trefis

Provider of a business analysis technology. The company provides a data analytics technology for investors and decision-makers in business that allows users to share, use, and collaborate on analysis.

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 .

ConicIT Revenue 2024: $3M ARR (Bootstrapped)