2024 Revenue
$11.9M
Funding
$372.5K
Team
33
Founded
1999
RailComm Revenue & Funding (2024)
Developer of software-based rail automation solutions. The company's software-centric solutions provide yard automation, computer-aided dispatching, and predictive analytics for condition-based maintenance, helping both freight and passenger/transit railroads, including rail-served industrials, intermodal terminals, and ports monitor, analyze, and control key assets of the rail infrastructure.
Last updated
RailComm Revenue
In 2024, RailComm's revenue reached $11.9M. The company previously reported $3.4M in 2024. Since its launch in 1999, RailComm has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | RailComm Hit $11.9m revenue in November 2024 | zoominfo.com |
| 2024 | RailComm Hit $3.4m revenue in October 2024 | Estimated |
| 2023 | RailComm Hit $3m revenue in December 2023 | Estimated |
| 2021 | RailComm Hit $1.8m revenue in April 2021 | |
| 1999 | Launched with $0 revenue |
RailComm Valuation, Funding Rounds
RailComm has not publicly disclosed its valuation. The company has raised $372.5K in total funding to date.
RailComm has raised $372.5K in total funding across 1 round, with its most recent round in 2005.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2005 | Funding round | $372.5K | - | - |
Founder / CEO
Joe Forgionne
CEO
Joe Forgione is the President and CEO of RailComm and serves on its Board of Directors.As President & CEO, Joe is responsible for RailComm’s corporate vision and leading the implementation of the company’s strategy and operating plan.Joe has over 30 years of experience in leading emerging and established software and services technology companies.Prior to joining RailComm, Joe held senior management positions within Lotus, IBM, Novell, and Sepaton. He has also been CEO of successful technology start-ups that resulted in significant exits, including an IPO and a M&A exit to Oracle.
Q&A
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Customers
We do not have customer count information for RailComm yet.
RailComm Employees & Team Size
RailComm employs approximately 33 people as of 2026, including 2 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 33 employees (October 2024) | |
| 2023 | Reached 33 employees (December 2023) | |
| 2022 | Reached 29 employees (December 2022) | |
| 2021 | Reached 24 employees (December 2021) | |
| 2021 | Reached 33 employees (April 2021) |
Frequently Asked Questions about RailComm
What is RailComm's revenue?
RailComm generates $11.9M in revenue.
Who founded RailComm?
RailComm was founded by Joe Forgionne.
Who is the CEO of RailComm?
The CEO of RailComm is Joe Forgionne.
How much funding does RailComm have?
RailComm raised $372.5K across 1 round.
How many employees does RailComm have?
RailComm has 33 employees.
Where is RailComm headquarters?
RailComm is headquartered in Fairport, New York, United States.
Compare RailComm to the industry
RailComm operates across multiple industries. Browse revenue, funding, and growth data for RailComm 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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