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How ITWorx CEO Youssri Helmy grew ITWorx to $79.9M revenue and 750K customers in 2024.

Operator of software professional services organization. The company provides cloud-based and on-premise services with an emphasis on advanced analytics, enterprise mobility, performance management and CRM to governments, financial services firms, educational institutions, telecommunication operator, and media companies in North America, Europe and in the Middle East.

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ITWorx Revenue

In 2024, ITWorx's revenue reached $79.9M. The company previously reported $47.5M in 2023. Since its launch in 1994, ITWorx has shown consistent revenue growth.

ITWorx Revenue GrowthReported revenue / ARR by year$0$20M$40M$60M$80M$100M1994199619982000200220042006200820102012201420162018202020222024$0$38M$80MSource: GetLatka.com
YearMilestoneQuote
2024ITWorx Hit $79.9m revenue in October 2024
2023ITWorx Hit $47.5m revenue in October 2023
2021ITWorx Hit $37.7m revenue in April 2021
1994Launched with $0 revenue

ITWorx Valuation, Funding Rounds

ITWorx is a bootstrapped Analytics Platforms startup. Founded in 1994, ITWorx has grown to $79.9M in revenue without raising any venture capital or outside funding.

As a self-funded Analytics Platforms SaaS company, ITWorx has built its business with no outside investment.

ITWorx Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119941994 cumulative: $0 • 1994 Founded: $01994 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

ITWorx Employees & Team Size

ITWorx employs approximately 851 people as of 2026, down from 901 in 2023.

ITWorx has 851 total employees in different roles and functions and 8 sales reps that carry a quota. They have 750K customers that rely on the company's solutions.

ITWorx Team GrowthReported headcount over time02004006008001,000199419961998200020022004200620082010201220142016201820202022202400851851Source: GetLatka.com
YearMilestone
2024Reached 851 employees (December 2024)
2024Reached 901 employees (October 2024)
2023Reached 901 employees (October 2023)
2022Reached 901 employees (October 2022)
2021Reached 858 employees (December 2021)
2021Reached 884 employees (April 2021)

Founder / CEO

Youssri Helmy

Youssri is an entrepreneur and investor who has successfully founded, operated and exited several startups globally. He has over 30 years of experience in engineering, product management, marketing, and business development in a wide range of technologies. Youssri founded ITWorx in 1994 with Wael Amin, where they incubated and spun off LaserStorm (MBO), FileWay (exited), Otlob.com (sold to Orascom), and NetCelera/SwanLabs (sold to F5). After exiting ITWorx in 2007, he cofounded IdealRatings, Roboworx, and Eonite Perception (sold to Intel). In 2019, Youssri returned to ITWorx as CEO. Youssri earned his Bachelor of Science degree in electronics and telecommunications engineering from Cairo University. He is an active member in the technology community in Egypt and in Silicon Valley where he resides with his family.

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Frequently Asked Questions about ITWorx

What is ITWorx's revenue?

ITWorx generates $79.9M in revenue.

Who founded ITWorx?

ITWorx was founded by Youssri Helmy.

Who is the CEO of ITWorx?

The CEO of ITWorx is Youssri Helmy.

How much funding does ITWorx have?

ITWorx raised $0.

How many employees does ITWorx have?

ITWorx has 851 employees.

Where is ITWorx headquarters?

ITWorx is headquartered in Cairo, Egypt.

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Compare ITWorx to the industry

ITWorx operates across multiple industries. Browse revenue, funding, and growth data for ITWorx in each sector below.

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 .

ITWorx Revenue 2024: $79.9M ARR (Bootstrapped)