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How MaxMind CEO Thomas Mather grew MaxMind to $11.3M revenue and 6K customers in 2024.

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.

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MaxMind Revenue

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 Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M200220042006200820102012201420162018202020222024$0$4M$11MSource: GetLatka.com
YearMilestone
2024MaxMind Hit $11.3m revenue in October 2024
2023MaxMind Hit $6.7m revenue in October 2023
2021MaxMind Hit $3.8m revenue in April 2021
2002Launched with $0 revenue

MaxMind Valuation, Funding Rounds

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.

MaxMind Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120022002 cumulative: $0 • 2002 Founded: $02002 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

MaxMind Employees & Team Size

MaxMind employs approximately 82 people as of 2026, up from 80 in 2023.

MaxMind has 82 total employees in different roles and functions and 3 sales reps that carry a quota. They have 6K customers that rely on the company's solutions.

MaxMind Team GrowthReported headcount over time020406080100200220042006200820102012201420162018202020222024008282Source: GetLatka.com
YearMilestone
2024Reached 82 employees (December 2024)
2024Reached 80 employees (October 2024)
2023Reached 80 employees (October 2023)
2022Reached 72 employees (October 2022)
2021Reached 55 employees (December 2021)
2021Reached 46 employees (April 2021)

Founder / CEO

Thomas Mather

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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Customers

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Frequently Asked Questions about MaxMind

What is MaxMind's revenue?

MaxMind generates $11.3M in revenue.

Who founded MaxMind?

MaxMind was founded by Thomas Mather.

Who is the CEO of MaxMind?

The CEO of MaxMind is Thomas Mather.

How much funding does MaxMind have?

MaxMind raised $0.

How many employees does MaxMind have?

MaxMind has 82 employees.

Where is MaxMind headquarters?

MaxMind is headquartered in Malden, Massachusetts, United States.

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Compare MaxMind to the industry

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