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How iXsystems CEO Michael Lauth grew iXsystems to $23.7M revenue with a 191 person team in 2024.

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iXsystems Revenue

In 2024, iXsystems's revenue reached $23.7M. The company previously reported $13.5M in 2023. Since its launch in 2002, iXsystems has shown consistent revenue growth.

iXsystems Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M200220042006200820102012201420162018202020222024$0$8M$24MSource: GetLatka.com
YearMilestoneQuote
2024iXsystems Hit $23.7m revenue in October 2024
2023iXsystems Hit $13.5m revenue in October 2023
2021iXsystems Hit $7.6m revenue in April 2021
2002Launched with $0 revenue

iXsystems Valuation, Funding Rounds

iXsystems has not publicly disclosed its valuation. The company has raised $2M in total funding to date.

iXsystems has raised $2M in total funding across 1 round, with its most recent round in 2009.

iXsystems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$500K$1M$2M$2M$3M200220032004200520062007200820092002 cumulative: $0 • 2002 Founded: $02009 cumulative: $2M • 2002 Founded: $0 • 2009 Funding round: $2M$2M2002 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2009Funding round$2M--

iXsystems Employees & Team Size

iXsystems employs approximately 191 people as of 2026, down from 192 in 2023.

iXsystems has 191 total employees in different roles and functions and 19 sales reps that carry a quota.

iXsystems Team GrowthReported headcount over time05010015020025020022004200620082010201220142016201820202022202400191191Source: GetLatka.com
YearMilestone
2024Reached 191 employees (December 2024)
2024Reached 192 employees (October 2024)
2023Reached 192 employees (October 2023)
2022Reached 166 employees (October 2022)
2021Reached 130 employees (December 2021)
2021Reached 109 employees (April 2021)

Founder / CEO

Michael Lauth

Michael Lauth is the CO-Founder and Chief Executive Officer at iXsystems. After 30 years of business experience I have taken on the ultimate challenge of running a company. Through thoughtful planning and hard work iXsystems is moving towards a future of high growth and sustained profits.

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Customers

We do not have customer count information for iXsystems yet.

Frequently Asked Questions about iXsystems

What is iXsystems's revenue?

iXsystems generates $23.7M in revenue.

Who founded iXsystems?

iXsystems was founded by Michael Lauth.

Who is the CEO of iXsystems?

The CEO of iXsystems is Michael Lauth.

How much funding does iXsystems have?

iXsystems raised $2M.

How many employees does iXsystems have?

iXsystems has 191 employees.

Where is iXsystems headquarters?

iXsystems is headquartered in San Jose, California, United States.

Compare iXsystems to the industry

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

iXsystems Revenue 2024: $23.7M ARR, $2M Raised