
Tangram Flex
2024 Revenue
$11M
Funding
$0
YOY
78%
Team
73
Founded
2018
How Tangram Flex CEO Ricky Peters grew to $11M revenue with a 73 person team in 2024.
Developer and provider of AI-based software development tools. The company's technology allows engineers to reconfigure existing systems and re-use components across different systems by automating integration workflows and managing distributed component lifecycles, enabling the defense, automotive, aerospace and industrial system industry to automatically generate correct, cyber-secure translations between components.
Last updated
Tangram Flex Revenue
In 2024, Tangram Flex's revenue reached $11M. The company previously reported $6.2M in 2023. Since its launch in 2018, Tangram Flex has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Tangram Flex Hit $11m revenue in October 2024 | |
| 2023 | Tangram Flex Hit $6.2m revenue in December 2023 | |
| 2021 | Tangram Flex Hit $4.3m revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
Tangram Flex Valuation, Funding Rounds
Tangram Flex is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2018, Tangram Flex has grown to $11M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, Tangram Flex has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Ricky Peters
CEO
Ricky Peters is the CEO of Tangram Flex, a Dayton software company focused on rapidly integrating systems with embedded software. Before joining Tangram Flex, he was the CEO of Ascend Innovations, a joint venture between Kettering Health Network, Premier Health, and Dayton Children’s Hospital. Peters previously served for 35 years as a civilian leader in the Air Force, retiring in 2015 as the executive director of the Air Force Research Laboratory. He was responsible for leading a workforce of 10,000 and guiding the Air Force’s $2.5 billion science and technology program and an additional $2.75 billion in customer-funded research.
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 Tangram Flex yet.
Tangram Flex Employees & Team Size
Tangram Flex employs approximately 73 people as of 2026, down from 85 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 73 employees (December 2024) |
| 2024 | Reached 77 employees (October 2024) |
| 2023 | Reached 85 employees (December 2023) |
| 2022 | Reached 83 employees (December 2022) |
| 2021 | Reached 71 employees (December 2021) |
| 2021 | Reached 51 employees (April 2021) |
Frequently Asked Questions about Tangram Flex
What is Tangram Flex's revenue?
Tangram Flex generates an estimated $11M in annual revenue.
Who founded Tangram Flex?
Tangram Flex was founded by Ricky Peters.
Who is the CEO of Tangram Flex?
The CEO of Tangram Flex is Ricky Peters.
How much funding does Tangram Flex have?
Tangram Flex is bootstrapped and has not raised outside funding.
How many employees does Tangram Flex have?
Tangram Flex has 73 employees.
Where is Tangram Flex headquarters?
Tangram Flex is headquartered in Dayton, Ohio, United States.
Compare Tangram Flex to the industry
Tangram Flex operates across multiple industries. Browse revenue, funding, and growth data for Tangram Flex 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.
Claim this profilePeople Also Viewed

Paligo
Paligo, headquartered in Sweden and founded in 2020, is a Component Content Management System (CCMS) that enables enterprise technical writers to create, reuse, and publish structured documentation across 30-plus integration points, including Zendesk and Intercom. The company is led by CEO Rahul Yadav, who joined in December 2025 after serving as CTO at Milestone Systems (Canon Group) and Chief Technology and Digital Officer at TV2 Denmark. The original co-founders, Anas and Frank, remain involved as a board member and an engineering architect, respectively. Ownership is split roughly equally among the founder group, Stockholm-based B2B SaaS private equity firm Alvin and Rickson, and Grow Capital from Copenhagen, which led a $29M Series A in April 2023. Paligo grew from $2.2M in revenue in 2020 to $11.3M in 2024, then added another 11% to reach $12.5M in 2025. The company serves approximately 500 enterprise customers across 38 countries, with deal sizes ranging from $25K to $150K per year. As of the latest data, Paligo has 90 employees and a valuation of $37.5M. Yadav is targeting 18 to 20% ARR growth in 2026, with significantly higher ambitions for 2027 and beyond. The single most important strategic inflection point is Paligo's pivot from a structured authoring tool to what Yadav calls an AI-native structured truth platform. The company has accumulated more than 3 billion governed, semantically rich words and approximately 1.5 million reusable content components in DocBook XML, which Yadav argues is the largest such dataset in regulated industries like medtech and manufacturing. Rather than bolting AI features onto its existing product, Paligo is building end-to-end ingestion-to-consumption infrastructure designed to ground enterprise AI agents in verified structured content, a category Yadav says no competitor has yet defined.

Bevywise Networks
An end to end product & solution provider for your IoT & IIoT requriement. MQTT Broker, IoT Simulator and IoT Platform are the key products.

Smartfrog & Canary
Smartfrog is a camera that lets users see what's happening in any place, at any time.

Ecosystems.io
Unlocking Potential, Powering Progress: Vivienne AI - Where Innovation Meets Intelligence!

Astra Security
Astra Security is a privately held U.S. & India based cyber security company. Backed by Techstars, Astra offers a Pentest Platform that helps organizations become proactively secure. The Pentest Platform uncovers more than 30,000+ vulnerabilities for its customers every month, saving its customers millions of dollars in potential loss and thousands of developer hours. The company has earned several accolades including ‘The Most Innovative Security Company’ by Prime Minister Narendra Modi at the Global Conference on Cyber Security (2017), one of the top 50 emerging cybersecurity companies at ‘Emerge 50’ by NASSCOM, the French Tech Ticket under which Astra Security got rewarded by the President of France under the La French Tech program. In 2021, Astra Security was also named as a CyberTech100 company. Astra is a trusted security partner to some of the well-known brands like Muthoot Finance, NIIT, Goldcast, ITC & more. Our flagship product, ASTRA, brings together an extensive feature set of manual/automated penetration testing tools, while performing a comprehensive vulnerability assessment and proactively responds to threats.

In-House Health
In-House Health is an AI-powered technical platform for modern nursing teams that transforms the physical and digital workplace through data-led wellbeing decisions. It provides a predictive nurse team management platform designed to offer staffing and scheduling recommendations, enabling nurse managers with predictive AI automations.

