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2024 Revenue

$3M

Funding

$8.9M

YOY

26.9%

Team

13

Founded

1999

How PRAXELL CEO Moshe Golomb grew to $3M revenue with a 13 person team in 2024.

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.

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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.

PRAXELL Revenue GrowthReported revenue / ARR over time$0$750K$1.5M$2.3M$3M$3.8M19992001200320052007200920112013201520172019202120232024$0$2.2M$3MSource: GetLatka.com
YearMilestoneQuote
2024PRAXELL Hit $3m revenue in October 2024
2023PRAXELL Hit $2.3m revenue in October 2023
2021PRAXELL Hit $2.2m revenue in April 2021
1999Launched 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.

PRAXELL Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M1999200120032005200720092011201320152016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2016Funding round$8.9M--

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.

Q&A

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Customers

We do not have customer count information for PRAXELL yet.

PRAXELL Employees & Team Size

PRAXELL employs approximately 13 people as of 2026.

PRAXELL Team GrowthReported headcount over time061218243019992001200320052007200920112013201520172019202120232024001313Source: GetLatka.com
YearMilestone
2024Reached 13 employees (October 2024)
2023Reached 13 employees (October 2023)
2022Reached 12 employees (October 2022)
2021Reached 15 employees (December 2021)
2021Reached 28 employees (April 2021)

Frequently Asked Questions about PRAXELL

What is PRAXELL's revenue?

PRAXELL generates an estimated $3M in annual revenue.

Who founded PRAXELL?

PRAXELL was founded by Moshe Golomb.

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?

PRAXELL has 13 employees.

Where is PRAXELL headquarters?

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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PRAXELL Revenue 2024: $3M ARR, $8.9M Raised