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How Raxar-Technology CEO Peter Akman grew Raxar-Technology to $550K revenue with a 3 person team in 2023.

Raxar is a Software as a Service (SaaS) company that is disrupting the $212 billion infrastructure management markets through the use of Big Data, IoT, Cloud, and Mobile Technologies

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Raxar-Technology Revenue

In 2023, Raxar-Technology's revenue reached $550K. Since its launch in 2013, Raxar-Technology has shown consistent revenue growth.

Raxar-Technology Revenue GrowthReported revenue / ARR by year$0$125K$250K$375K$500K$625K201320152017201920212023$0$550KSource: GetLatka.com
YearMilestone
2023Raxar-Technology Hit $550k revenue in December 2023
2013Launched with $0 revenue

Raxar-Technology Valuation, Funding Rounds

Raxar-Technology's most recent disclosed valuation is $1.7M.

Raxar-Technology is a bootstrapped IoT Analytics Platforms startup. Founded in 2013, Raxar-Technology has grown to $550K in revenue without raising any venture capital or outside funding.

As a self-funded IoT Analytics Platforms SaaS company, Raxar-Technology has built its business with no outside investment.

Raxar-Technology Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Raxar-Technology Employees & Team Size

Raxar-Technology employs approximately 3 people as of 2026, down from 4 in 2023.

Raxar-Technology has 3 total employees in different roles and functions.

Raxar-Technology Team GrowthReported headcount over time0358101320132015201720192021202320240033Source: GetLatka.com
YearMilestone
2024Reached 3 employees (October 2024)
2023Reached 4 employees (December 2023)
2023Reached 5 employees (December 2023)
2022Reached 6 employees (December 2022)
2022Reached 7 employees (December 2022)
2021Reached 6 employees (December 2021)
2020Reached 11 employees (August 2020)

Founder / CEO

Peter Akman

Peter Akman is listed as Founder / CEO at Raxar-Technology.

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Customers

We do not have customer count information for Raxar-Technology yet.

Frequently Asked Questions about Raxar-Technology

What is Raxar-Technology's revenue?

Raxar-Technology generates $550K in revenue.

Who founded Raxar-Technology?

Raxar-Technology was founded by Peter Akman.

Who is the CEO of Raxar-Technology?

The CEO of Raxar-Technology is Peter Akman.

How much funding does Raxar-Technology have?

Raxar-Technology raised $0.

How many employees does Raxar-Technology have?

Raxar-Technology has 3 employees.

Where is Raxar-Technology headquarters?

Raxar-Technology is headquartered in Tampa, Florida, United States.

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We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

Compare Raxar-Technology to the industry

Raxar-Technology operates across multiple industries. Browse revenue, funding, and growth data for Raxar-Technology in each sector below.

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 .