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How Exchange Solutions CEO Mike Hughes grew to $21.2M revenue with a 196 person team in 2024.

Provider of a cloud-based customer engagement platform designed to maximize customer lifetime value, customer satisfaction and profitability. The company's platform offers innovative customer engagement programs that use data-driven, personalized incentives to increase valuable customer behaviors, at a lower cost than business-as-usual marketing, enabling companies to improve the marketing executions and treatments to drive more behavior at a lower cost.

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Exchange Solutions Revenue

In 2024, Exchange Solutions's revenue reached $21.2M. The company previously reported $27.1M in 2024. Since its launch in 1996, Exchange Solutions has shown consistent revenue growth.

Exchange Solutions Revenue GrowthReported revenue / ARR over time$0$6M$12M$18M$24M$30M199619982000200220042006200820102012201420162018202020222024$0$13M$21MSource: GetLatka.com
YearMilestoneQuote
2024Exchange Solutions Hit $21.2m revenue in November 2024
2024Exchange Solutions Hit $27.1m revenue in October 2024
2023Exchange Solutions Hit $16.1m revenue in December 2023
2021Exchange Solutions Hit $13m revenue in April 2021
1996Launched with $0 revenue

Exchange Solutions Valuation, Funding Rounds

Exchange Solutions is a bootstrapped E-Commerce Personalization Software startup. Founded in 1996, Exchange Solutions has grown to $21.2M in revenue without raising any venture capital or outside funding.

As a self-funded E-Commerce Personalization Software SaaS company, Exchange Solutions has built its business with no outside investment.

Exchange Solutions Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11996Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Mike Hughes

Mike Hughes is listed as Founder / CEO at Exchange Solutions.

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Customers

We do not have customer count information for Exchange Solutions yet.

Exchange Solutions Employees & Team Size

Exchange Solutions employs approximately 196 people as of 2026, down from 201 in 2023.

Exchange Solutions Team GrowthReported headcount over time05010015020025019961998200020022004200620082010201220142016201820202022202400196196Source: GetLatka.com
YearMilestone
2024Reached 196 employees (December 2024)
2024Reached 201 employees (October 2024)
2023Reached 201 employees (December 2023)
2022Reached 199 employees (December 2022)
2021Reached 195 employees (December 2021)
2021Reached 197 employees (April 2021)

Frequently Asked Questions about Exchange Solutions

What is Exchange Solutions's revenue?

Exchange Solutions generates $21.2M in revenue.

Who founded Exchange Solutions?

Exchange Solutions was founded by Mike Hughes.

Who is the CEO of Exchange Solutions?

The CEO of Exchange Solutions is Mike Hughes.

How much funding does Exchange Solutions have?

Exchange Solutions raised $0.

How many employees does Exchange Solutions have?

Exchange Solutions has 196 employees.

Where is Exchange Solutions headquarters?

Exchange Solutions is headquartered in Boston, Massachusetts, United States.

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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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Exchange Solutions Revenue 2024: $21.2M ARR (Bootstrapped)