PRAXELL
2024 Revenue
$3M(Est.)
Funding
$8.9M
Team
13
Founded
1999
PRAXELL Revenue & Funding (2024)
PRAXELL generated an estimated $3M in annual revenue in 2024. Source: GetLatka estimate
Provider of a cloud based technology platform designed to access branded digital payment services faster and easier. The company's cloud based technology platform includes a prepaid debit card services to financial institutions and employers and closed-loop gift card, merchant credit and loyalty/reward services to merchants and service providers, enabling tools that make their businesses work.
Last updated
PRAXELL Revenue
In 2024, PRAXELL's revenue reached $3M. The company previously reported $2.3M in 2023. Since its launch in 1999, PRAXELL has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | PRAXELL Hit $3m revenue in October 2024 | Estimated |
| 2023 | PRAXELL Hit $2.3m revenue in October 2023 | Estimated |
| 2021 | PRAXELL Hit $2.2m revenue in April 2021 | Not recorded |
| 1999 | Launched with $0 revenue |
PRAXELL Valuation, Funding Rounds
PRAXELL has not publicly disclosed its valuation. The company has raised $8.9M in total funding to date.
PRAXELL has raised $8.9M in total funding across 1 round, with its most recent round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2016 | Funding round | $8.9M | - | - | Not recorded |
Founder / CEO
Moshe Golomb
CEO
Moshe founded Praxell using his 20 years of management, business development, and financial experience. He holds a BS in economics and business administration and an MBA in banking and finance from Tel Aviv University.
PRAXELL Employees & Team Size
PRAXELL employs approximately 13 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 13 employees (October 2024) | Not recorded |
| 2023 | Reached 13 employees (October 2023) | Not recorded |
| 2022 | Reached 12 employees (October 2022) | Not recorded |
| 2021 | Reached 15 employees (December 2021) | Not recorded |
| 2021 | Reached 28 employees (April 2021) | Not recorded |
Frequently Asked Questions about PRAXELL
What is PRAXELL's revenue?
As of 2024, PRAXELL generated an estimated $3M in annual revenue.
Who founded PRAXELL?
PRAXELL was founded by Moshe Golomb.
When was PRAXELL founded?
PRAXELL was founded in 1999.
Who is the CEO of PRAXELL?
The CEO of PRAXELL is Moshe Golomb.
How much funding does PRAXELL have?
PRAXELL raised $8.9M across 1 round.
How many employees does PRAXELL have?
As of 2024, PRAXELL had 13 employees.
Where is PRAXELL headquartered?
PRAXELL is headquartered in New York, New York, United States.
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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