ITWorx logo
Founded 1994

ITWorx

2021 Revenue

$37.7M

YOY

Funding

$0.0

Overview

About ITWorx

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.

Monthly Revenue

$3.1M

Total Expenses

$3.1M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

CairoEgypt

ITWorx Revenue vs Funding

$Funding$Revenue

ITWorx Revenue

In 2021, ITWorx revenue run rate hit $37.7M in revenue.

$37.7M

ITWorx Valuation and Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation

Customers

ITWorx has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

ITWorx has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

ITWorx has 884 employees. They have 8 sales reps that carry a quota They have an engineering team of 499. and a marketing team of 3.

2021
DistributionQty

Total Team Size

884

Engineers

499 (56%)

Sales

8 (1%)

Marketing

3 (0%)

CEO/Founder

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.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about ITWorx

When was ITWorx founded?

ITWorx was founded in 1994.


Who is the CEO of ITWorx?

The CEO of ITWorx is Youssri  Helmy


How many employees does ITWorx have?

ITWorx has 884 employees.

How much revenue does ITWorx generate?

ITWorx generates $37.7M in revenue.


How much funding does ITWorx have?

ITWorx has raised $0.0.


Where is ITWorx headquarters?

ITWorx is headquartered at CairoEgypt

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