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Magentrix Revenue (2024)

Magentrix generated an estimated $5M in annual revenue in 2024. Source: GetLatka estimate

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Magentrix Revenue

In 2024, Magentrix's revenue reached $5M. The company previously reported $2.3M in 2020.

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 2020Not recorded
2012Launched with $0 revenue

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)Not recorded
2020Reached 25 employees (December 2020)Not recorded
2020Reached 11 employees (August 2020)Not recorded
2020Reached 25 employees (June 2020)Not recorded
2019Reached 22 employees (December 2019)Not recorded
2018Reached 19 employees (December 2018)Not recorded

Frequently Asked Questions about Magentrix

What is Magentrix's revenue?

As of 2024, Magentrix generated an estimated $5M in annual revenue.

Who founded Magentrix?

Magentrix was founded by Vahid Fotovat.

When was Magentrix founded?

Magentrix was founded in 2012.

Who is the CEO of Magentrix?

The CEO of Magentrix is Vahid Fotovat.

How many employees does Magentrix have?

As of 2024, Magentrix had 25 employees.

Where is Magentrix headquartered?

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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