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Exela Technologies

Irving, Texas, United States

Valuation

$3.9B

2020 Revenue

$1.3B

Customers

4K

Funding

$0

Avg ACV

$323.2K

Team · 2021

1.4K

Founded

2011

How Exela Technologies CEO Ronald Cogburn grew to $1.3B revenue and 4K customers in 2020.

SourceHOV is a provider of transaction processing services (TPS) and enterprise information management (EIM) services. The company offers offers workflow management system and business process outsourcing (BPO) services. It specializes in transactions for international industries including financial services, health care, public sector organizations, insurance, and legal organizations. SourceHOV was founded in 2011 and is headquartered in Irving, Texas. The company seeks to expand its business portfolio through mergers and acquisitions. It was merged with Novitex Enterprise Solutions and Quinpario Partners to form Exela Technologies on July 12, 2017.

Last updated

Exela Technologies Revenue

In 2020, Exela Technologies's revenue reached $1.3B. The company previously reported $1.6B in 2019. Since its launch in 2011, Exela Technologies has shown consistent revenue growth.

Exela Technologies Revenue GrowthReported revenue / ARR over time$0$400M$800M$1.2B$1.6B$2B201120132015201720192020$0$1.6B$1.3BSource: GetLatka.com
YearMilestoneQuote
2020Exela Technologies Hit $1.3b revenue in December 2020
2019Exela Technologies Hit $1.6b revenue in December 2019
2011Launched with $0 revenue

Exela Technologies Valuation, Funding Rounds

Exela Technologies's most recent disclosed valuation is $3.9B.

Exela Technologies 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$12011Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ronald Cogburn

CEO

Ron Cogburn is the Chief Executive Officer of Exela Technologies. Prior to Exela, he served as Chief Executive Officer of SourceHOV after holding leadership roles in companies that preceded SourceHOV since 1993. He brings more than 30 years of diversified experience in executive management, claims consulting, program management, litigation support, and project management. Prior to his role as Chief Executive Officer, Mr. Cogburn was SourceHOV's President, Knowledge Process Outsourcing, from 2011 to 2013. Mr. Cogburn was the President of HOV Services, LLC from 2005 to 2007 and has been a principal of HGM since 2003. Mr. Cogburn has a BSCE in Structural Design/Construction Management from Texas A&M University and is a registered Professional Engineer.

Q&A

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Customers

Exela Technologies serves 4K customers.

Exela Technologies Employees & Team Size

Exela Technologies employs approximately 1.4K people as of 2026. It serves 4K customers that rely on its solutions.

Exela Technologies Team GrowthReported headcount over time04008001,2001,600201120132015201720192021001,4491,449Source: GetLatka.com
YearMilestone
2021Reached 1.4K employees (April 2021)

Frequently Asked Questions about Exela Technologies

What is Exela Technologies's revenue?

Exela Technologies generates $1.3B in revenue.

Who founded Exela Technologies?

Exela Technologies was founded by Ronald Cogburn.

Who is the CEO of Exela Technologies?

The CEO of Exela Technologies is Ronald Cogburn.

How much funding does Exela Technologies have?

Exela Technologies raised $0.

How many employees does Exela Technologies have?

Exela Technologies has 1.4K employees.

Where is Exela Technologies headquarters?

Exela Technologies is headquartered in Irving, Texas, United States.

Compare Exela Technologies to the industry

Exela Technologies operates across multiple industries. Browse revenue, funding, and growth data for Exela Technologies 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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