
OpenBOM (TM) - Newman Cloud, Inc
2024 Revenue
$1.3M
Customers
1K
Funding
$0
YOY
36.8%
Avg ACV
$1.3K
Team
11
Founded
2015
How OpenBOM (TM) - Newman Cloud, Inc CEO Oleg Shilovitsky grew to $1.3M revenue and 1K customers in 2024.
Provider of data management platform intended to deliver cloud multi-tenant technology. The company's platform offers a cloud data management tool that manages and tracks a bill of materials that simultaneous bills of materials editing across organizational and geographic boundaries, tracking part usage across multiple bills of materials, enabling users to track and manage changes across engineering, manufacturing, supply chain and contractors.
Last updated
OpenBOM (TM) - Newman Cloud, Inc Revenue
In 2024, OpenBOM (TM) - Newman Cloud, Inc's revenue reached $1.3M. The company previously reported $961.2K in 2023. Since its launch in 2015, OpenBOM (TM) - Newman Cloud, Inc has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | OpenBOM (TM) - Newman Cloud, Inc Hit $1.3m revenue in October 2024 | |
| 2023 | OpenBOM (TM) - Newman Cloud, Inc Hit $961.2k revenue in October 2023 | |
| 2021 | OpenBOM (TM) - Newman Cloud, Inc Hit $728.2k revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
OpenBOM (TM) - Newman Cloud, Inc Valuation, Funding Rounds
OpenBOM (TM) - Newman Cloud, Inc is a bootstrapped Product Data Management (PDM) Software startup. Founded in 2015, OpenBOM (TM) - Newman Cloud, Inc has grown to $1.3M in revenue without raising any venture capital or outside funding.
As a self-funded Product Data Management (PDM) Software SaaS company, OpenBOM (TM) - Newman Cloud, Inc has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Oleg Shilovitsky
Oleg is Co-founder and Chief Executive Officer at OpenBOM. Oleg has been building software products for data management, engineering, and manufacturing for the last 25 years. He has developed PDM and PLM software and worked for companies such as SmarTeam (acquired by Dassault Systemes), Dassault Systemes ENOVIA, Inforbix (acquired by Autodesk) and Autodesk. His passion for the manufacturing industry and new technologies led him to start working on OpenBOM. Oleg is an author of Beyond PLM (http://beyondplm.com), a leading source of information and comments about engineering and manufacturing software for the last 10 years. He is also a consultant and advisor to a number of startups and industrial companies.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
OpenBOM (TM) - Newman Cloud, Inc serves 1K customers.
OpenBOM (TM) - Newman Cloud, Inc Employees & Team Size
OpenBOM (TM) - Newman Cloud, Inc employs approximately 11 people as of 2026. It serves 1K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 11 employees (October 2024) |
| 2023 | Reached 11 employees (October 2023) |
| 2022 | Reached 10 employees (October 2022) |
| 2021 | Reached 10 employees (December 2021) |
| 2021 | Reached 9 employees (April 2021) |
Frequently Asked Questions about OpenBOM (TM) - Newman Cloud, Inc
What is OpenBOM (TM) - Newman Cloud, Inc's revenue?
OpenBOM (TM) - Newman Cloud, Inc generates $1.3M in revenue.
Who founded OpenBOM (TM) - Newman Cloud, Inc?
OpenBOM (TM) - Newman Cloud, Inc was founded by Oleg Shilovitsky.
Who is the CEO of OpenBOM (TM) - Newman Cloud, Inc?
The CEO of OpenBOM (TM) - Newman Cloud, Inc is Oleg Shilovitsky.
How much funding does OpenBOM (TM) - Newman Cloud, Inc have?
OpenBOM (TM) - Newman Cloud, Inc raised $0.
How many employees does OpenBOM (TM) - Newman Cloud, Inc have?
OpenBOM (TM) - Newman Cloud, Inc has 11 employees.
Where is OpenBOM (TM) - Newman Cloud, Inc headquarters?
OpenBOM (TM) - Newman Cloud, Inc is headquartered in Boston, Massachusetts, United States.
Compare OpenBOM (TM) - Newman Cloud, Inc to the industry
OpenBOM (TM) - Newman Cloud, Inc operates across multiple industries. Browse revenue, funding, and growth data for OpenBOM (TM) - Newman Cloud, Inc 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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