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 | Quote |
|---|---|---|
| 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 | Quote |
|---|
Founder / CEO
Yevhen Musiienko
Yevhen Musiienko is listed as Founder / CEO at Distancematrix.ai.
Q&A
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Customers
We do not have customer count information for Distancematrix.ai yet.
Distancematrix.ai Employees & Team Size
Distancematrix.ai employs approximately 10 people as of 2026, up from 8 in 2023.
| 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) |
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.
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.
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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