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Provider of IP intelligence and online fraud detection tools intended to help businesses prevent fraudulent online transactions and reduce manual review. The company's IP intelligence and online fraud detection tools offers GeoIP data to locate companies' internet visitors and show them relevant content and ads, perform analytics, enforce digital rights, and efficiently route internet traffic and additional insights into their customers' connection speeds, ISPs, enabling comapnies to detect and automatically flag attempted fraud from card not present transactions and other online transactions.
Last updated
In 2024, MaxMind's revenue reached $11.3M. The company previously reported $6.7M in 2023. Since its launch in 2002, MaxMind has shown consistent revenue growth.
MaxMind is a bootstrapped E-commerce Fraud Protection Software startup. Founded in 2002, MaxMind has grown to $11.3M in revenue without raising any venture capital or outside funding.
As a self-funded E-commerce Fraud Protection Software SaaS company, MaxMind has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Before founding MaxMind, Thomas Mather worked as a software engineer at Longitude, where he helped develop a system for parimutuel derivative auctions. His passion lies in improving MaxMind’s fraud detection technology. What does he love about MaxMind? Being able to quickly deploy and see the effects of improvements in a software as a service environment. When he’s not busy using data analysis to help detect fraud, Thomas enjoys gardening. He is also a smoothie junkie. The most exciting places he’s ever been? The Fruit and Spice Park in Florida, as well as The New York Botanical Garden.
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MaxMind serves 6K customers.
MaxMind employs approximately 82 people as of 2026, up from 80 in 2023, including 3 sales reps that carry a quota. It serves 6K customers that rely on its solutions.
MaxMind generates an estimated $11.3M in annual revenue.
MaxMind was founded by Thomas Mather.
The CEO of MaxMind is Thomas Mather.
MaxMind is bootstrapped and has not raised outside funding.
MaxMind has 82 employees.
MaxMind is headquartered in Malden, Massachusetts, United States.
MaxMind operates across multiple industries. Browse revenue, funding, and growth data for MaxMind in each sector below.
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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2024 Revenue
$11.3M(Est.)
Customers
6K
Funding
$0
Avg ACV
$1.9K
Team
82
Founded
2002
| Year | Milestone | Source |
|---|---|---|
| 2024 | MaxMind Hit $11.3m revenue in October 2024 | Estimated |
| 2023 | MaxMind Hit $6.7m revenue in October 2023 | Estimated |
| 2021 | MaxMind Hit $3.8m revenue in April 2021 | |
| 2002 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 82 employees (December 2024) | |
| 2024 | Reached 80 employees (October 2024) | |
| 2023 | Reached 80 employees (October 2023) | |
| 2022 | Reached 72 employees (October 2022) | |
| 2021 | Reached 55 employees (December 2021) | |
| 2021 | Reached 46 employees (April 2021) |
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