Valuation
$2.1M
2021 Revenue
$703.7K
Customers
4.8K
Funding
$0
Avg ACV
$147
Team
10
Founded
1997
How Mdex CEO Ulrich Kaindl grew to $703.7K revenue and 4.8K customers in 2021.
Developer of highly-secure and high-availability solutions intended for encrypted data communications via mobile networks, digital subscriber line and satellite. The company's network solutions include network components such as routers, SIM cards, IP services, and encryption, enabling customers to translate and interpret machine data, visualised through a tailor-made platform for multiple uses like system monitoring and predictive maintenance.
Last updated
Mdex Revenue
In 2021, Mdex's revenue reached $703.7K. Since its launch in 1997, Mdex has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Mdex Hit $703.7k revenue in April 2021 | |
| 1997 | Launched with $0 revenue |
Mdex Valuation, Funding Rounds
Mdex's most recent disclosed valuation is $2.1M.
Mdex is a bootstrapped Network Management Tools startup. Founded in 1997, Mdex has grown to $703.7K in revenue without raising any venture capital or outside funding.
As a self-funded Network Management Tools SaaS company, Mdex has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Ulrich Kaindl
M2M and Internet-of-Things is my passion. I've been working in the M2M/IoT arena for many years. At Siemens Wireless Modules (later Cinterion Wireless Modules and now Gemalto) a global market leader in GSM Modules (GPRS, EDGE, HSDPA), I was responsible for the European Business for products and solutions. Based on my experience in M2M/IoT and my extensive European network I decided to start a company with a clear focus on customized M2M products and solutions including secure mobile connectivity. As connectivity services becoming more and more important for successful M2M business models I took over the responsibility for Wireless Logic in Germany as Managing Director. After having developed the business in the DACH region successfully, I was appointed to become CEO of mdex GmbH. Mdex was acquired by Wireless Logic Group Ltd. in 2018 and is one of the leading M2M/IOT companies in Germany. Specialties: I understand the m2m eco-system and the requirements of many vertical markets like tracking & tracing, AMR, POS Terminals, e-mobility, remote monitoring and many more. I have a deep technical and commercial background and a very good understanding of various m2m business models including HW, networks, connectivity and platforms.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Mdex serves 4.8K customers.
Mdex Employees & Team Size
Mdex employs approximately 10 people as of 2026. It serves 4.8K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 10 employees (April 2021) |
Frequently Asked Questions about Mdex
What is Mdex's revenue?
Mdex generates $703.7K in revenue.
Who founded Mdex?
Mdex was founded by Ulrich Kaindl.
Who is the CEO of Mdex?
The CEO of Mdex is Ulrich Kaindl.
How much funding does Mdex have?
Mdex raised $0.
How many employees does Mdex have?
Mdex has 10 employees.
Where is Mdex headquarters?
Mdex is headquartered in Tangstedt, Germany.
Compare Mdex to the industry
Mdex operates across multiple industries. Browse revenue, funding, and growth data for Mdex 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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