2024 Revenue
$79.9M
Customers
750K
Funding
$0
YOY
68.4%
Avg ACV
$107
Team
851
Founded
1994
How ITWorx CEO Youssri Helmy grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | ITWorx Hit $79.9m revenue in October 2024 | |
| 2023 | ITWorx Hit $47.5m revenue in October 2023 | |
| 2021 | ITWorx Hit $37.7m revenue in April 2021 | |
| 1994 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
ITWorx serves 750K customers.
ITWorx Employees & Team Size
ITWorx employs approximately 851 people as of 2026, down from 901 in 2023, including 8 sales reps that carry a quota. It serves 750K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 851 employees (December 2024) |
| 2024 | Reached 901 employees (October 2024) |
| 2023 | Reached 901 employees (October 2023) |
| 2022 | Reached 901 employees (October 2022) |
| 2021 | Reached 858 employees (December 2021) |
| 2021 | Reached 884 employees (April 2021) |
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.
Compare ITWorx to the industry
ITWorx operates across multiple industries. Browse revenue, funding, and growth data for ITWorx 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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