
OpenText
Valuation
$3B
2024 Revenue
$4.6B
Customers
100K
Funding
$0
Avg ACV
$46K
Team
24.5K
Profits
$1
Churn
10%
How OpenText CEO Mark Barrenechea grew OpenText to $4.6B revenue and 100K customers in 2024.
OpenText software applications manage content or unstructured data for large companies, government agencies, and professional service firms.
Last updated
OpenText Revenue
In 2024, OpenText's revenue reached $4.6B. The company previously reported $1B in 2020. Since its launch in 1991, OpenText has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | OpenText Hit $4.6b revenue in December 2024Source |
| 2020 | OpenText Hit $1b revenue in August 2020 |
| 1991 | Launched with $0 revenue |
OpenText Valuation, Funding Rounds
OpenText's most recent disclosed valuation is $3B.
OpenText is a bootstrapped Digital Accessibility Platforms startup. Founded in 1991, OpenText has grown to $4.6B in revenue without raising any venture capital or outside funding.
As a self-funded Digital Accessibility Platforms SaaS company, OpenText has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
OpenText Employees & Team Size
OpenText employs approximately 24.5K people as of 2026, up from 10K in 2020.
OpenText has 24.5K total employees in different roles and functions. They have 100K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 24.5K employees (December 2024) |
| 2020 | Reached 10K employees (August 2020) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how OpenText acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
Frequently Asked Questions about OpenText
What is OpenText's revenue?
OpenText generates $4.6B in revenue.
Who founded OpenText?
OpenText was founded by Mark Barrenechea.
Who is the CEO of OpenText?
The CEO of OpenText is Mark Barrenechea.
How much funding does OpenText have?
OpenText raised $0.
How many employees does OpenText have?
OpenText has 24.5K employees.
Where is OpenText headquarters?
OpenText is headquartered in Canada.
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Compare OpenText to the industry
OpenText operates across multiple industries. Browse revenue, funding, and growth data for OpenText in each sector below.
- Endpoint Protection Suites
- File Analysis Software
- File Recovery Software
- Interactive Application Security Testing (IAST) Software
- Legal Hold Software
- Online Fax Software
- Project and Portfolio Management Software
- Server Backup Software
- Other Collaboration Software
- Text Analysis Software
- Other Analytics Software
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 .