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Valuation

$6.8M

2024 Revenue

$5M(Est.)

Funding

$0

Team

25

Founded

2012

Magentrix Revenue & Valuation (2024)

Customer and Partner Relationship Management (PRM) Portals for Salesforce

Last updated

Magentrix Revenue

In 2024, Magentrix's revenue reached $5M. The company previously reported $2.3M in 2020. Since its launch in 2012, Magentrix has shown consistent revenue growth.

Magentrix Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.3M$2.5M$3.8M$5M$6.3M2012201420162018202020222024$0$2.3M$5MSource: GetLatka.com
YearMilestoneSource
2024Magentrix Hit $5m revenue in June 2024Estimated
2020Magentrix Hit $2.3m revenue in August 2020
2012Launched with $0 revenue

Magentrix Valuation, Funding Rounds

Magentrix's most recent disclosed valuation is $6.8M.

Magentrix Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12012Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Vahid Fotovat

CEO

Vahid Fotovat is listed as CEO at Magentrix.

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Customers

We do not have customer count information for Magentrix yet.

Magentrix Employees & Team Size

Magentrix employs approximately 25 people as of 2026, including 3 sales reps that carry a quota.

Magentrix Team GrowthReported headcount over time06121824302012201420162018202020222024002525Source: GetLatka.com
YearMilestoneSource
2024Reached 25 employees (October 2024)
2020Reached 25 employees (December 2020)
2020Reached 11 employees (August 2020)
2020Reached 25 employees (June 2020)
2019Reached 22 employees (December 2019)
2018Reached 19 employees (December 2018)

Frequently Asked Questions about Magentrix

What is Magentrix's revenue?

Magentrix generates an estimated $5M in annual revenue.

Who founded Magentrix?

Magentrix was founded by Vahid Fotovat.

Who is the CEO of Magentrix?

The CEO of Magentrix is Vahid Fotovat.

How much funding does Magentrix have?

Magentrix raised $0.

How many employees does Magentrix have?

Magentrix has 25 employees.

Where is Magentrix headquarters?

Magentrix is headquartered in Richmond Hill, Ontario, Canada.

Compare Magentrix to the industry

Magentrix operates across multiple industries. Browse revenue, funding, and growth data for Magentrix 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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Magentrix Revenue 2024: $5M Est. ARR, $6.8M Valuation