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2024 Revenue

$55.2M

Funding

$79.5M

YOY

119.3%

Team

450

Founded

2015

How Maxwell Financial Labs CEO John Paasonen grew to $55.2M revenue with a 450 person team in 2024.

Maxwell empowers mortgage lenders to be more successful by intelligently automating their workflow with homebuyers and real estate agents.

Last updated

Maxwell Financial Labs Revenue

In 2024, Maxwell Financial Labs's revenue reached $55.2M. The company previously reported $45.9M in 2024. Since its launch in 2015, Maxwell Financial Labs has shown consistent revenue growth.

Maxwell Financial Labs Revenue GrowthReported revenue / ARR over time$0$13M$25M$38M$50M$63M201520172019202120232024$0$20M$25M$55MSource: GetLatka.com
YearMilestoneQuote
2024Maxwell Financial Labs Hit $55.2m revenue in November 2024
2024Maxwell Financial Labs Hit $45.9m revenue in October 2024
2023Maxwell Financial Labs Hit $25.2m revenue in October 2023
2021Maxwell Financial Labs Hit $19.6m revenue in October 2021
2015Launched with $0 revenue

Maxwell Financial Labs Valuation, Funding Rounds

Maxwell Financial Labs has not publicly disclosed its valuation. The company has raised $79.5M in total funding to date.

Maxwell Financial Labs has raised $79.5M in total funding across 8 rounds, most recently a $28.5M Series B round in 2021.

Maxwell Financial Labs Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$20M$0.4$40M$0.6$60M$0.8$80M$1$100M2015201620172018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Debt Financing$24M--
2021Series B$28.5M--
2021Series B$16.3M--
2020Series A$5M--
2017Seed Round$3M--
2016Seed Round$2M--
2016Pre Seed Round$100K--
2016Pre Seed Round$555K--

Founder / CEO

John Paasonen

John is the Co-Founder and CEO of Maxwell.

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Customers

We do not have customer count information for Maxwell Financial Labs yet.

Maxwell Financial Labs Employees & Team Size

Maxwell Financial Labs employs approximately 450 people as of 2026, up from 386 in 2023.

Maxwell Financial Labs Team GrowthReported headcount over time010020030040050020152017201920212023202400450450Source: GetLatka.com
YearMilestone
2024Reached 450 employees (December 2024)
2024Reached 386 employees (October 2024)
2023Reached 386 employees (October 2023)
2022Reached 357 employees (October 2022)
2021Reached 361 employees (December 2021)
2021Reached 200 employees (October 2021)

Frequently Asked Questions about Maxwell Financial Labs

What is Maxwell Financial Labs's revenue?

Maxwell Financial Labs generates $55.2M in revenue.

Who founded Maxwell Financial Labs?

Maxwell Financial Labs was founded by John Paasonen.

Who is the CEO of Maxwell Financial Labs?

The CEO of Maxwell Financial Labs is John Paasonen.

How much funding does Maxwell Financial Labs have?

Maxwell Financial Labs raised $79.5M.

How many employees does Maxwell Financial Labs have?

Maxwell Financial Labs has 450 employees.

Where is Maxwell Financial Labs headquarters?

Maxwell Financial Labs is headquartered in Denver, Colorado, United States.

Compare Maxwell Financial Labs to the industry

Maxwell Financial Labs operates across multiple industries. Browse revenue, funding, and growth data for Maxwell Financial Labs 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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