Exela Technologies
Irving, Texas, United States
2020 Revenue
$1.3B
Customers
4K
Avg ACV
$323.2K
Team · 2021
1.4K
Founded
2011
Exela Technologies Revenue (2020)
Exela Technologies generated $1.3B in revenue 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.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Exela Technologies revenue for 2020: $1.3b | Not recorded |
| 2019 | Exela Technologies revenue for 2019: $1.6b | Not recorded |
| 2011 | Launched with $0 revenue |
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.
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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 1.4K employees (April 2021) | Not recorded |
Frequently Asked Questions about Exela Technologies
Who owns Exela Technologies?
Exela Technologies is owned by Excela, which acquired it.
What is Exela Technologies's revenue?
As of 2020, Exela Technologies generated $1.3B in revenue.
Who founded Exela Technologies?
Exela Technologies was founded by Ronald Cogburn.
When was Exela Technologies founded?
Exela Technologies was founded in 2011.
How many employees does Exela Technologies have?
As of 2021, Exela Technologies had 1.4K employees.
Where is Exela Technologies headquartered?
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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