RailComm revenue hit $3M in 2024

RailComm generates revenue from customers

RailComm

Fairport, New York, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How RailComm hit $3M revenue with a 33 person team in 2023.

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.

Founded

1999

Founded

Revenue

$3M

2023 Revenue

YOY

32.8%

YOY

Funding

$372.5K

Funding

RailComm Revenue

In 2023, RailComm revenue run rate hit $3M in revenue.

  • 2023

    RailComm hit $3M in revenue in 2023

  • 2021

    RailComm hit $1.8M in revenue in 2021

  • 1999

    RailComm launched in 1999 with $0 revenue

RailComm Funding History

  • 2005

    RailComm raised a of in September, 2005

FUNDING DATE ROUND AMOUNT VALUATION
September, 15 2005

Team

RailComm has 33 total employees and 2 sales reps that carry a quota. an engineering team of 9 and a marketing team of 4.

DISTRIBUTION QTY
Total team size 33
Engineer 9 (27%)
Sales 2 (6%)
Marketing 4 (12%)

Founder / CEO

Joe Forgionne

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

  • What's your age?

    -

  • Favorite online tool?

    -

  • Favorite book?

    -

  • Favorite CEO?

    -

  • Advice for 20 year old self

    -

Customers

Churn

RailComm Executives

Name Position Working Email Personal Email
Joe Forgionne CEO - -

RailComm Employees

Name Position Working Email Personal Email
Joe Forgionne CEO - -

Frequently Asked Questions about RailComm

  • When was RailComm founded?

    RailComm was founded in 1999.

  • How much revenue does RailComm generate?

    RailComm generates $3M in revenue.

  • Who is the CEO of RailComm

    The CEO of RailComm is Joe Forgionne.

  • How much funding does RailComm have?

    RailComm raised $372.5K.

  • How many employees does RailComm have?

    RailComm has 33 employees.

  • Where is RailComm headquarters?

    RailComm is headquartered at Fairport, New York, United States

People Also Viewed

ENACT SYSTEMS INC

Software Platform for Solar and Storage, Software Platform for Solar & Storage

Pinpo

Developer of an online platform designed to match tenants and real estate agents. The company's matching application saves automatically all contacts received by email, provides ads, no manual entry is required and engages all contacts within 5 minutes of request, enabling tenants and real estate agents to meet with each other easily and conveniently.

KITE

KITE SRM - startup relationship management is designed specifically for enterprises, consultants and accelerators who need powerful tools to manage increasing numbers of startup interactions and navigate the complex, constantly changing startup landscape. The company's customers trust KITE to super-charge their startup management and discovery process. KITE works with leading innovators including Comcast NBCUniversal, Estee Lauder Companies Online, PMI, Unilever, and Visa. KITE makes it easy to track startup relationships and access industry experts so any business can stay current on the startup ecosystem. KITE was founded in 2013 to address the fundamental disconnect between startups and enterprises. Innovation-hungry corporations were having trouble navigating the vast startup ecosystem.

Give and Take

Developer of software designed to help organizations build a culture of generosity at work, leading to better employee engagement and productivity. The company's software application applies the concepts of generalized reciprocity to enterprises in an accessible, scalable way, in order to improve knowledge sharing, boost social capital, foster a giving culture, drive better business outcomes and capture organizational memory, enabling businesses to increase employee efficiency, productivity, retention, and engagement

DataChat

Developer of an enterprise search chat bot designed to synthesize data from multiple sources on demand. The company's platform simplifies the enterprise search process by removing the need for coding skills, enabling business professionals to access multiple data sources via a customizable chatbot.

Rova

Rova is an enterprise software as a service, business strategy performance and attribution platform and bus dev tool for agencies