2024 Revenue
$1.5M
Funding
$0
YOY
45.7%
Team
14
Founded
2016
How RecommenderX CEO Kevin McCarthy grew to $1.5M revenue with a 14 person team in 2024.
Provider of a recommendation as a service (RaaS) cloud-based platform intended to offer real-time recommendations and personalisation. The company's platform converts data into actionable insights and offers a range of recommendation utilities to cater for context-aware, conversational and explanatory scenarios, enabling clients to enhance customer experience across all web, mobile and emails.
Last updated
RecommenderX Revenue
In 2024, RecommenderX's revenue reached $1.5M. The company previously reported $1M in 2023. Since its launch in 2016, RecommenderX has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | RecommenderX Hit $1.5m revenue in October 2024 | |
| 2023 | RecommenderX Hit $1m revenue in December 2023 | |
| 2021 | RecommenderX Hit $702.6k revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
RecommenderX Valuation, Funding Rounds
RecommenderX is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2016, RecommenderX has grown to $1.5M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, RecommenderX has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Kevin McCarthy
CEO
Kevin is an experienced academic researcher turned technology startup founder. With a PhD in the area of recommender systems and personalization, Kevin has over 10 years of academic research experience as part of Prof. Barry Smyth’s research group in the Clarity and Insight centres in UCD. Kevin has over 50 peer-reviewed publications in international journals and conferences, with over 1000 citations and is on the Programme Committee for the International Conference on Recommender Systems. Kevin has been working on academic-industry collaborations and commercialisation activities for several years and completed projects with the likes of Skillpages, Boxever and theJournal.ie before concentrating on his own commercialisation activities. He founded Aficionado Technologies in 2014, which provides resource management and showcasing solutions for academic institutions and research organisations, through machine learning and data analytics techniques. Through a software consulting vehicle called A-Star Labs, Kevin and his team offered consulting services to a number of companies, offering solution architecture, software development, artificial intelligence and user interaction advice. In 2016, he co-founded RecommenderX, a software company providing analytics and AI platforms to large organisations and MNCs. In RecommenderX, Kevin utilises his experience and research capabilities to design, develop and deploy cutting-edge technologies for the enterprise market.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for RecommenderX yet.
RecommenderX Employees & Team Size
RecommenderX employs approximately 14 people as of 2026, up from 11 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 14 employees (October 2024) |
| 2023 | Reached 11 employees (December 2023) |
| 2022 | Reached 10 employees (December 2022) |
| 2021 | Reached 9 employees (December 2021) |
| 2021 | Reached 11 employees (April 2021) |
Frequently Asked Questions about RecommenderX
What is RecommenderX's revenue?
RecommenderX generates an estimated $1.5M in annual revenue.
Who founded RecommenderX?
RecommenderX was founded by Kevin McCarthy.
Who is the CEO of RecommenderX?
The CEO of RecommenderX is Kevin McCarthy.
How much funding does RecommenderX have?
RecommenderX is bootstrapped and has not raised outside funding.
How many employees does RecommenderX have?
RecommenderX has 14 employees.
Where is RecommenderX headquarters?
RecommenderX is headquartered in Dublin, Ireland.
Compare RecommenderX to the industry
RecommenderX operates across multiple industries. Browse revenue, funding, and growth data for RecommenderX 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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