2024 Revenue
$22.7M
Funding
$0
YOY
315.8%
Team
123
Founded
2003
How MaxisIT CEO Maulik Shah grew 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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | MaxisIT Hit $22.7m revenue in November 2024Source | |
| 2024 | MaxisIT Hit $9m revenue in October 2024 | |
| 2023 | MaxisIT Hit $5.5m revenue in October 2023 | |
| 2021 | MaxisIT Hit $3.8m revenue in April 2021 | |
| 2003 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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.
Q&A
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Customers
We do not have customer count information for MaxisIT yet.
MaxisIT Employees & Team Size
MaxisIT employs approximately 123 people as of 2026, up from 111 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 123 employees (December 2024) |
| 2024 | Reached 111 employees (October 2024) |
| 2023 | Reached 111 employees (October 2023) |
| 2022 | Reached 100 employees (October 2022) |
| 2021 | Reached 93 employees (December 2021) |
| 2021 | Reached 83 employees (April 2021) |
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.
Compare MaxisIT to the industry
MaxisIT operates across multiple industries. Browse revenue, funding, and growth data for MaxisIT 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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