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How Stax CEO Jamex Coxon grew Stax to $26.5M revenue and 200 customers in 2024.

Stax is a company headquartered in Melbourne, Australia that was founded in 2015. The company is focused on providing a cloud-based platform for managing and optimizing cloud costs, usage, and governance. Stax.io is the name of their cloud management platform, which helps businesses monitor and control their cloud infrastructure costs and usage across multiple cloud providers. Stax's mission is to provide a comprehensive and easy-to-use platform that helps businesses maximize their return on investment in the cloud.

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Stax Revenue

In 2024, Stax's revenue reached $26.5M. The company previously reported $24.7M in 2023. Since its launch in 2015, Stax has shown consistent revenue growth.

Stax Revenue GrowthReported revenue / ARR by year$0$6M$12M$18M$24M$30M201520172019202120232024$0$20M$25M$26MSource: GetLatka.com
YearMilestone
2024Stax Hit $26.5m revenue in October 2024
2023Stax Hit $24.7m revenue in December 2023
2021Stax Hit $19.7m revenue in April 2021
2015Launched with $0 revenue

Stax Valuation, Funding Rounds

Stax is a bootstrapped Cloud Cost Management Tools startup. Founded in 2015, Stax has grown to $26.5M in revenue without raising any venture capital or outside funding.

As a self-funded Cloud Cost Management Tools SaaS company, Stax has built its business with no outside investment.

Stax Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120152015 cumulative: $0 • 2015 Founded: $02015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Stax Employees & Team Size

Stax employs approximately 21 people as of 2026, down from 51 in 2023.

Stax has 21 total employees in different roles and functions and 3 sales reps that carry a quota. They have 200 customers that rely on the company's solutions.

Stax Team GrowthReported headcount over time050100150200250201520172019202120232024002121Source: GetLatka.com
YearMilestone
2024Reached 21 employees (December 2024)
2024Reached 21 employees (October 2024)
2023Reached 51 employees (December 2023)
2023Reached 39 employees (September 2023)
2023Reached 51 employees (July 2023)
2023Reached 47 employees (January 2023)
2022Reached 50 employees (December 2022)
2022Reached 52 employees (January 2022)
2021Reached 49 employees (December 2021)
2021Reached 51 employees (August 2021)
2021Reached 234 employees (April 2021)

Founder / CEO

Jamex Coxon

Jamex Coxon is listed as Founder / CEO at Stax.

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Frequently Asked Questions about Stax

What is Stax's revenue?

Stax generates $26.5M in revenue.

Who founded Stax?

Stax was founded by Jamex Coxon.

Who is the CEO of Stax?

The CEO of Stax is Jamex Coxon.

How much funding does Stax have?

Stax raised $0.

How many employees does Stax have?

Stax has 21 employees.

Where is Stax headquarters?

Stax is headquartered in Melbourne, Victoria, Australia.

Compare Stax to the industry

Stax operates across multiple industries. Browse revenue, funding, and growth data for Stax 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 .

Stax Revenue 2024: $26.5M ARR (Bootstrapped)