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How MaxisIT CEO Maulik Shah grew MaxisIT to $22.7M revenue with a 123 person team in 2024.

Provider of a cloud-based integrated platform intended to improve ways of leveraging data and information and speeding up decision-making process in the conduct of clinical research and development. The company's cloud-based integrated platform offers self-service data preparation and analytics products including clinical data repository, data management, data integration, statistical computing, advance analytics, reporting and visualization that are regulatory compliant, validated, cloud-based and delivered through alternate models, enabling bio pharmaceutical industry to save 40% time and 50% of their cost within clinical development data to decision processes.

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MaxisIT Revenue

In 2024, MaxisIT's revenue reached $22.7M. The company previously reported $9M in 2024. Since its launch in 2003, MaxisIT has shown consistent revenue growth.

MaxisIT Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M200320052007200920112013201520172019202120232024$0$4M$23MSource: GetLatka.com
YearMilestone
2024MaxisIT Hit $22.7m revenue in November 2024Source
2024MaxisIT Hit $9m revenue in October 2024
2023MaxisIT Hit $5.5m revenue in October 2023
2021MaxisIT Hit $3.8m revenue in April 2021
2003Launched with $0 revenue

MaxisIT Valuation, Funding Rounds

MaxisIT is a bootstrapped Analytics Platforms startup. Founded in 2003, MaxisIT has grown to $22.7M in revenue without raising any venture capital or outside funding.

As a self-funded Analytics Platforms SaaS company, MaxisIT has built its business with no outside investment.

MaxisIT Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120032003 cumulative: $0 • 2003 Founded: $02003 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

MaxisIT Employees & Team Size

MaxisIT employs approximately 123 people as of 2026, up from 111 in 2023.

MaxisIT has 123 total employees in different roles and functions.

MaxisIT Team GrowthReported headcount over time030609012015020032005200720092011201320152017201920212023202400123123Source: GetLatka.com
YearMilestone
2024Reached 123 employees (December 2024)
2024Reached 111 employees (October 2024)
2023Reached 111 employees (October 2023)
2022Reached 100 employees (October 2022)
2021Reached 93 employees (December 2021)
2021Reached 83 employees (April 2021)

Founder / CEO

Maulik Shah

Maulik Shah is the Founder & CEO of MaxisIT Inc. He has 16+years of experience working with healthcare & life sciences industry. For past 13 years, Maulik has been with MaxisIT® driving company’s vision providing strategic & executive leadership with excellent customer relationships. He holds a master’s degree in computer sciences.

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Customers

We do not have customer count information for MaxisIT yet.

Frequently Asked Questions about MaxisIT

What is MaxisIT's revenue?

MaxisIT generates $22.7M in revenue.

Who founded MaxisIT?

MaxisIT was founded by Maulik Shah.

Who is the CEO of MaxisIT?

The CEO of MaxisIT is Maulik Shah.

How much funding does MaxisIT have?

MaxisIT raised $0.

How many employees does MaxisIT have?

MaxisIT has 123 employees.

Where is MaxisIT headquarters?

MaxisIT is headquartered in Edison, New Jersey, United States.

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Compare MaxisIT to the industry

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