2024 Revenue
$3M(Est.)
Funding
$0
Team
21
Founded
2005
ConicIT Revenue (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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | ConicIT Hit $3m revenue in October 2024 | Estimated |
| 2023 | ConicIT Hit $2.1m revenue in December 2023 | Estimated |
| 2021 | ConicIT Hit $1.8m revenue in April 2021 | |
| 2005 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Eli Hizkiyev
CEO
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
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Customers
We do not have customer count information for ConicIT yet.
ConicIT Employees & Team Size
ConicIT employs approximately 21 people as of 2026, down from 22 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 21 employees (October 2024) | |
| 2023 | Reached 22 employees (December 2023) | |
| 2022 | Reached 22 employees (December 2022) | |
| 2021 | Reached 23 employees (December 2021) | |
| 2021 | Reached 42 employees (April 2021) |
Frequently Asked Questions about ConicIT
What is ConicIT's revenue?
ConicIT generates an estimated $3M in annual 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 is bootstrapped and has not raised outside funding.
How many employees does ConicIT have?
ConicIT has 21 employees.
Where is ConicIT headquarters?
ConicIT is headquartered in Netanya, Israel.
Compare ConicIT to the industry
ConicIT operates across multiple industries. Browse revenue, funding, and growth data for ConicIT 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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