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Toronto, Ontario, Canada
Firmex is a leading virtual data room provider that specializes in secure document sharing and collaboration for financial transactions, legal due diligence, and other corporate processes. Their platform allows organizations to securely exchange sensitive documents and communicate with stakeholders in a controlled and auditable environment.
Last updated
In 2020, Firmex's revenue reached $11.2M. Since its launch in 2006, Firmex has shown consistent revenue growth.
Firmex reached a $33.5M valuation in 2025, set during its M&A Offer round.
Firmex has raised $4.5M in total funding across 2 rounds, most recently a $3.5M Angel Round round in 2008.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $33.5M | - | |
| 2008 | Angel Round | $3.5M | - | - | |
| 2007 | Seed Round | $950K | - | - |
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| What's your age? | - |
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Firmex serves 4.2K customers.
Firmex employs approximately 124 people as of 2026, up from 111 in 2019, including 26 sales reps that carry a quota. It serves 4.2K customers that rely on its solutions.
Firmex generates $11.2M in revenue.
Firmex was founded by Joel Lessem.
The CEO of Firmex is Joel Lessem.
Firmex raised $4.5M across 2 rounds.
Firmex has 124 employees.
Firmex is headquartered in Toronto, Ontario, Canada.
Firmex operates across multiple industries. Browse revenue, funding, and growth data for Firmex in each sector below.
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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85 associated members
Valuation
$33.5M
2020 Revenue
$11.2M
Customers
4.2K
Funding
$4.5M
Avg ACV
$2.7K
Team
124
Founded
2006
| Year | Milestone | Source |
|---|---|---|
| 2020 | Firmex Hit $11.2m revenue in August 2020 | |
| 2006 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 124 employees (December 2020) | |
| 2020 | Reached 124 employees (August 2020) | |
| 2020 | Reached 121 employees (June 2020) | |
| 2019 | Reached 111 employees (December 2019) | |
| 2018 | Reached 105 employees (December 2018) |
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