Magentrix
Valuation
$6.8M
2024 Revenue
$5M
Funding
$0
Team
25
Founded
2012
How Magentrix CEO Vahid Fotovat grew Magentrix to $5M revenue with a 25 person team in 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.
| Year | Milestone |
|---|---|
| 2024 | Magentrix Hit $5m revenue in June 2024 |
| 2020 | Magentrix Hit $2.3m revenue in August 2020 |
| 2012 | Launched with $0 revenue |
Magentrix Valuation, Funding Rounds
Magentrix's most recent disclosed valuation is $6.8M.
Magentrix is a bootstrapped Partner Management Software startup. Founded in 2012, Magentrix has grown to $5M in revenue without raising any venture capital or outside funding.
As a self-funded Partner Management Software SaaS company, Magentrix has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Magentrix Employees & Team Size
Magentrix employs approximately 25 people as of 2026.
Magentrix has 25 total employees in different roles and functions and 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 25 employees (October 2024) |
| 2020 | Reached 25 employees (December 2020) |
| 2020 | Reached 11 employees (August 2020) |
| 2020 | Reached 25 employees (June 2020) |
| 2019 | Reached 22 employees (December 2019) |
| 2018 | Reached 19 employees (December 2018) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Magentrix yet.
Frequently Asked Questions about Magentrix
What is Magentrix's revenue?
Magentrix generates $5M in 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.
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Compare Magentrix to the industry
Magentrix operates across multiple industries. Browse revenue, funding, and growth data for Magentrix 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 .