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2024 Revenue

$63.6M

Customers

160K

Funding

$5.4M

YOY

32.6%

Avg ACV

$398

Team

152

Founded

2007

How Endomag CEO Eric Mayes, PhD grew Endomag to $63.6M revenue and 160K customers in 2024.

Endomag is a medical technology company devoted to improving breast cancer care through its magnetic sensing technologies.

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Endomag Revenue

In 2024, Endomag's revenue reached $63.6M. The company previously reported $48M in 2023. Since its launch in 2007, Endomag has shown consistent revenue growth.

Endomag Revenue GrowthReported revenue / ARR by year$0$15M$30M$45M$60M$75M2007200920112013201520172019202120232024$0$12M$21M$64MSource: GetLatka.com
YearMilestone
2024Endomag Hit $63.6m revenue in October 2024
2023Endomag Hit $48m revenue in December 2023
2021Endomag Hit $20.7m revenue in March 2021
2018Endomag Hit $12.3m revenue in July 2018
2007Launched with $0 revenue

Endomag Valuation, Funding Rounds

Endomag has not publicly disclosed its valuation. The company has raised $5.4M in total funding to date.

Endomag has raised $5.4M in total funding across 3 rounds, with its most recent round in 2021.

Endomag Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$3M$4M$5M$6M200720092011201320152017201920212007 cumulative: $0 • 2007 Founded: $02018 cumulative: $2M • 2007 Founded: $0 • 2018 Funding round: $2M2020 cumulative: $2M • 2007 Founded: $0 • 2018 Funding round: $2M • 2020 Funding round: $831K2021 cumulative: $5M • 2007 Founded: $0 • 2018 Funding round: $2M • 2020 Funding round: $831K • 2021 Funding round: $3M$5M2007 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$2.9M--
2020Funding round$830.6K--
2018Funding round$1.7M--

Endomag Employees & Team Size

Endomag employs approximately 152 people as of 2026, up from 137 in 2023.

Endomag has 152 total employees in different roles and functions. They have 160K customers that rely on the company's solutions.

Endomag Team GrowthReported headcount over time04080120160200720092011201320152017201920212023202400152152Source: GetLatka.com
YearMilestone
2024Reached 152 employees (December 2024)
2024Reached 145 employees (October 2024)
2023Reached 137 employees (December 2023)
2022Reached 106 employees (December 2022)
2021Reached 71 employees (December 2021)
2021Reached 49 employees (March 2021)
2018Reached 29 employees (July 2018)

Founder / CEO

Eric Mayes, PhD

Eric Mayes, PhD is listed as Founder / CEO at Endomag.

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Frequently Asked Questions about Endomag

What is Endomag's revenue?

Endomag generates $63.6M in revenue.

Who founded Endomag?

Endomag was founded by Eric Mayes, PhD.

Who is the CEO of Endomag?

The CEO of Endomag is Eric Mayes, PhD.

How much funding does Endomag have?

Endomag raised $5.4M.

How many employees does Endomag have?

Endomag has 152 employees.

Where is Endomag headquarters?

Endomag is headquartered in Cambridge, England, United Kingdom.

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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 .

Endomag Revenue 2024: $63.6M ARR, $5.4M Raised