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How SysAid CEO Avi Kedmi grew SysAid to $20M revenue and 10K customers in 2024.

Provider of service desk and IT service management. The company's offerings include traditional ticket, asset, incident and problem management, automation, root cause analysis and codeless configuration services, enabling IT professionals to make their on-going operations environment and service delivery better.

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SysAid Revenue

In 2024, SysAid's revenue reached $20M. The company previously reported $21.7M in 2024. Since its launch in 2002, SysAid has shown consistent revenue growth.

SysAid Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M200220042006200820102012201420162018202020222024$0$11M$20MSource: GetLatka.com
YearMilestone
2024SysAid Hit $20m revenue in November 2024Source
2024SysAid Hit $21.7m revenue in October 2024
2023SysAid Hit $17.1m revenue in December 2023
2021SysAid Hit $11.3m revenue in April 2021
2002Launched with $0 revenue

SysAid Valuation, Funding Rounds

SysAid has not publicly disclosed its valuation. The company has raised $30M in total funding to date.

SysAid has raised $30M in total funding across 1 round, with its most recent round in 2018.

SysAid Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$8M$15M$23M$30M$38M2002200420062008201020122014201620182002 cumulative: $0 • 2002 Founded: $02018 cumulative: $30M • 2002 Founded: $0 • 2018 Funding round: $30M$30M2002 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$30M--

SysAid Employees & Team Size

SysAid employs approximately 220 people as of 2026, down from 225 in 2023.

SysAid has 220 total employees in different roles and functions and 35 sales reps that carry a quota. They have 10K customers that rely on the company's solutions.

SysAid Team GrowthReported headcount over time05010015020025020022004200620082010201220142016201820202022202400220220Source: GetLatka.com
YearMilestone
2024Reached 220 employees (December 2024)
2024Reached 221 employees (October 2024)
2023Reached 225 employees (December 2023)
2023Reached 225 employees (September 2023)
2023Reached 223 employees (January 2023)
2022Reached 216 employees (December 2022)
2022Reached 208 employees (January 2022)
2021Reached 177 employees (December 2021)
2021Reached 162 employees (August 2021)
2021Reached 134 employees (April 2021)

Founder / CEO

Avi Kedmi

Avi Kedmi is listed as Founder / CEO at SysAid.

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Customers

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Frequently Asked Questions about SysAid

What is SysAid's revenue?

SysAid generates $20M in revenue.

Who founded SysAid?

SysAid was founded by Avi Kedmi.

Who is the CEO of SysAid?

The CEO of SysAid is Avi Kedmi.

How much funding does SysAid have?

SysAid raised $30M.

How many employees does SysAid have?

SysAid has 220 employees.

Where is SysAid headquarters?

SysAid is headquartered in Tel - Aviv, Israel.

Compare SysAid to the industry

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

SysAid Revenue 2024: $20M ARR, $30M Raised