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2024 Revenue

$6M

Funding

$0

YOY

50.5%

Team

63

Founded

1965

How Magellan GPS CEO Peggy Fong grew Magellan GPS to $6M revenue with a 63 person team in 2024.

Manufacturer of global positioning systems. The company's products include portable car navigation systems, outdoor handheld navigation devices, land survey solutions, marine and sensor solutions and mobile mapping services. It provides products to the commercial, consumer, industrial, scientific and government markets.

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Magellan GPS Revenue

In 2024, Magellan GPS's revenue reached $6M. The company previously reported $4M in 2023. Since its launch in 1965, Magellan GPS has shown consistent revenue growth.

Magellan GPS Revenue GrowthReported revenue / ARR by year$0$2M$3M$5M$6M$8M1965196719691971197319751977197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232024$0$6MSource: GetLatka.com
YearMilestoneQuote
2024Magellan GPS Hit $6m revenue in October 2024
2023Magellan GPS Hit $4m revenue in October 2023
2021Magellan GPS Hit $3.4m revenue in April 2021
1965Launched with $0 revenue

Magellan GPS Valuation, Funding Rounds

Magellan GPS is a bootstrapped SaaS startup. Founded in 1965, Magellan GPS has grown to $6M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Magellan GPS has built its business with no outside investment.

Magellan GPS Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119651965 cumulative: $0 • 1965 Founded: $01965 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Peggy Fong

COO at MiTAC Digital Corporation

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Customers

We do not have customer count information for Magellan GPS yet.

Magellan GPS Employees & Team Size

Magellan GPS employs approximately 63 people as of 2026, down from 68 in 2023.

Magellan GPS Team GrowthReported headcount over time015304560751965196719691971197319751977197919811983198519871989199119931995199719992001200320052007200920112013201520172019202120232024006363Source: GetLatka.com
YearMilestone
2024Reached 63 employees (December 2024)
2024Reached 68 employees (October 2024)
2023Reached 68 employees (October 2023)
2022Reached 68 employees (October 2022)
2021Reached 70 employees (December 2021)
2021Reached 41 employees (April 2021)

Frequently Asked Questions about Magellan GPS

What is Magellan GPS's revenue?

Magellan GPS generates $6M in revenue.

Who founded Magellan GPS?

Magellan GPS was founded by Peggy Fong.

Who is the CEO of Magellan GPS?

The CEO of Magellan GPS is Peggy Fong.

How much funding does Magellan GPS have?

Magellan GPS raised $0.

How many employees does Magellan GPS have?

Magellan GPS has 63 employees.

Where is Magellan GPS headquarters?

Magellan GPS is headquartered in San Dimas, California, United States.

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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Magellan GPS Revenue 2024: $6M ARR (Bootstrapped)