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How IVEX CEO Mario Henrique grew IVEX to $693.6K revenue with a 37 person team in 2024.

Developer of a safety assessment tool and software designed to reduce traffic victims. The company's cloud-based tool assesses the safety of driven or simulated scenarios, reports on risk and safety key performance indicator and violations as well as its safety co-pilot software evaluates the autopilot's planning and decisions and provides protection guarantees on the behavior of vehicles, enabling clients to be safe and secured while driving.

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IVEX Revenue

In 2024, IVEX's revenue reached $693.6K. The company previously reported $548.3K in 2023. Since its launch in 2017, IVEX has shown consistent revenue growth.

IVEX Revenue GrowthReported revenue / ARR by year$0$150K$300K$450K$600K$750K20172018201920202021202220232024$0$408K$548K$694KSource: GetLatka.com
YearMilestone
2024IVEX Hit $693.6k revenue in October 2024
2023IVEX Hit $548.3k revenue in October 2023
2021IVEX Hit $408k revenue in April 2021
2017Launched with $0 revenue

IVEX Valuation, Funding Rounds

IVEX's most recent disclosed valuation is $2.1M.

IVEX is a bootstrapped Generative AI Software startup. Founded in 2017, IVEX has grown to $693.6K in revenue without raising any venture capital or outside funding.

As a self-funded Generative AI Software SaaS company, IVEX has built its business with no outside investment.

IVEX Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120172017 cumulative: $0 • 2017 Founded: $02017 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

IVEX Employees & Team Size

IVEX employs approximately 37 people as of 2026.

IVEX has 37 total employees in different roles and functions.

IVEX Team GrowthReported headcount over time01020304020172018201920202021202220232024003737Source: GetLatka.com
YearMilestone
2024Reached 37 employees (October 2024)
2023Reached 37 employees (October 2023)
2022Reached 34 employees (October 2022)
2021Reached 33 employees (December 2021)
2021Reached 20 employees (April 2021)

Founder / CEO

Mario Henrique

Mario Henrique is listed as Founder / CEO at IVEX.

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Customers

We do not have customer count information for IVEX yet.

Frequently Asked Questions about IVEX

What is IVEX's revenue?

IVEX generates $693.6K in revenue.

Who founded IVEX?

IVEX was founded by Mario Henrique.

Who is the CEO of IVEX?

The CEO of IVEX is Mario Henrique.

How much funding does IVEX have?

IVEX raised $0.

How many employees does IVEX have?

IVEX has 37 employees.

Where is IVEX headquarters?

IVEX is headquartered in Heverlee, Vlaams-brabant, Belgium.

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X-CITE S.A.

We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

Compare IVEX to the industry

IVEX operates across multiple industries. Browse revenue, funding, and growth data for IVEX 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 .