MDO
Bethesda, Maryland, United States
How MDO hit $50M revenue and 2K customers in 2023.
MDO serves more than 7,000 hotels with a robust hotel data platform, which centralizes and stores critical performance and financial data for hotel ownership, management groups, and asset managers. Through integrated data feeds, document workflow management, and data visualization dashboards, hoteliers are able to reach greater levels of profitability by operating more efficiently, better serve customers, improve budgeting and forecasting, and reduce their environmental impact.
2015
Founded
$50M
2023 Revenue
42.86%
YOY
$4M
Funding
MDO Revenue
In 2023, MDO revenue run rate hit $50M in revenue.
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2023
MDO hit $50M in revenue in 2023
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2022
MDO hit $35M in revenue in 2022
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2021
MDO hit $8.5M in revenue in 2021
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2019
MDO hit $2M in revenue in 2019
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2015
MDO launched in 2015 with $0 revenue
MDO Funding History
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2022 Private Equity Round
MDO raised a Private Equity Round of in January, 2022
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2019 Series A
MDO raised a Series A of in September, 2019
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| January, 19 2022 | Private Equity Round | ||
| September, 24 2019 | Series A |
Team
MDO has 366 total employees. They have 2,000 customers an engineering team of 72
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 366 |
| Engineer | 72 (20%) |
Founder / CEO
Victor Chynoweth
Vic Chynoweth, is the CEO of MyDigitalOffice (MDO). Before his role at MDO, Chynoweth was involved with the company as a board member through his affiliation with Cove Hill Partners, where he served as Managing Director and Operating Partner. His professional career spans over 20 years, primarily in the technology industry, where he has focused on building and leading financial and operational teams. Chynoweth has a significant background in financial and operational leadership roles, particularly in private equity-backed software companies. Prior to joining MDO, Chynoweth held several high-ranking positions in other organizations. He served as the Chief Operating Officer (COO) and Chief Financial Officer (CFO) at JAGGAER, a global leader in spend management solutions. Additionally, he was the CFO at Planview, Inc., a company specializing in work and resource management solutions. His experience in these roles has contributed to his expertise in managing large-scale financial and operational aspects of technology-driven companies
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
MDO Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Victor Chynoweth | CEO | [email protected] | - |
MDO Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Victor Chynoweth | CEO | [email protected] | - |
Frequently Asked Questions about MDO
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When was MDO founded?
MDO was founded in 2015.
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How much revenue does MDO generate?
MDO generates $50M in revenue.
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Who is the CEO of MDO
The CEO of MDO is Victor Chynoweth.
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How much funding does MDO have?
MDO raised $4M.
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How many employees does MDO have?
MDO has 366 employees.
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Where is MDO headquarters?
MDO is headquartered at Bethesda, Maryland, United States
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