Valuation
$843.5K
2024 Revenue
$281.2K
Funding
$0
YOY
101.7%
Team
10
Founded
2019
How Distancematrix.ai CEO Yevhen Musiienko grew Distancematrix.ai to $281.2K revenue with a 10 person team in 2024.
Distancematrix.ai is a software development company that provides a Distance Matrix API for computing distance and travel time. They offer a service that reduces the cost-distance calculation by 5 times. They also have a Maps JavaScript API for Distance Matrix Service. The company is based in Kharkiv.
Last updated
Distancematrix.ai Revenue
In 2024, Distancematrix.ai's revenue reached $281.2K. The company previously reported $139.4K in 2023. Since its launch in 2019, Distancematrix.ai has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Distancematrix.ai Hit $281.2k revenue in October 2024 |
| 2023 | Distancematrix.ai Hit $139.4k revenue in December 2023 |
| 2021 | Distancematrix.ai Hit $101.9k revenue in April 2021 |
| 2019 | Launched with $0 revenue |
Distancematrix.ai Valuation, Funding Rounds
Distancematrix.ai's most recent disclosed valuation is $843.5K.
Distancematrix.ai is a bootstrapped Location Intelligence Software startup. Founded in 2019, Distancematrix.ai has grown to $281.2K in revenue without raising any venture capital or outside funding.
As a self-funded Location Intelligence Software SaaS company, Distancematrix.ai has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Distancematrix.ai Employees & Team Size
Distancematrix.ai employs approximately 10 people as of 2026, up from 8 in 2023.
Distancematrix.ai has 10 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 10 employees (October 2024) |
| 2023 | Reached 8 employees (December 2023) |
| 2022 | Reached 6 employees (December 2022) |
| 2021 | Reached 7 employees (December 2021) |
| 2021 | Reached 5 employees (April 2021) |
Founder / CEO
Yevhen Musiienko
Yevhen Musiienko is listed as Founder / CEO at Distancematrix.ai.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
Customers
We do not have customer count information for Distancematrix.ai yet.
Frequently Asked Questions about Distancematrix.ai
What is Distancematrix.ai's revenue?
Distancematrix.ai generates $281.2K in revenue.
Who founded Distancematrix.ai?
Distancematrix.ai was founded by Yevhen Musiienko.
Who is the CEO of Distancematrix.ai?
The CEO of Distancematrix.ai is Yevhen Musiienko.
How much funding does Distancematrix.ai have?
Distancematrix.ai raised $0.
How many employees does Distancematrix.ai have?
Distancematrix.ai has 10 employees.
Where is Distancematrix.ai headquarters?
Distancematrix.ai is headquartered in Kharkiv, Ukraine.
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Compare Distancematrix.ai to the industry
Distancematrix.ai operates across multiple industries. Browse revenue, funding, and growth data for Distancematrix.ai in each sector below.
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 .