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Textel Revenue & Funding (2024)

Developer of a carrier-grade texting platform designed to provide landline and toll-free texting services. The company offers direct network connectivity and intuitive cloud-based software with an enterprise-grade API and allows businesses to use any computer or mobile device for securely and reliably reaching their customers, enabling businesses to boost workplace productivity by supporting real human conversations at scale across any device.

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Textel Revenue

In 2024, Textel's revenue reached $6.8M. The company previously reported $3.7M in 2023. Since its launch in 2014, Textel has shown consistent revenue growth.

Textel Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.5M$3M$4.5M$6M$7.5M201420162018202020222024$0$2.4M$6.8MSource: GetLatka.com
YearMilestoneSource
2024Textel Hit $6.8m revenue in October 2024Estimated
2023Textel Hit $3.7m revenue in December 2023Estimated
2021Textel Hit $2.4m revenue in April 2021
2014Launched with $0 revenue

Textel Valuation, Funding Rounds

Textel has not publicly disclosed its valuation. The company has raised $5M in total funding to date.

Textel has raised $5M in total funding across 2 rounds, with its most recent round in 2020.

Textel Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$1.3M$0.4$2.5M$0.6$3.8M$0.8$5M$1$6.3M2014201520162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$4M--
2019Funding round$1M--

Founder / CEO

James Diel

CEO

With over 20 years experience as an entrepreneur and non-profit board member, James has developed a wide range of skills and expertise that range from electronic payment processing, messaging as a service, organizational leadership, relational selling, strategic planning and product development.

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Customers

We do not have customer count information for Textel yet.

Textel Employees & Team Size

Textel employs approximately 68 people as of 2026, down from 114 in 2023.

Textel Team GrowthReported headcount over time0255075100125201420162018202020222024006868Source: GetLatka.com
YearMilestoneSource
2024Reached 68 employees (December 2024)
2024Reached 70 employees (October 2024)
2023Reached 114 employees (December 2023)
2022Reached 98 employees (December 2022)
2021Reached 88 employees (December 2021)
2021Reached 64 employees (April 2021)

Frequently Asked Questions about Textel

What is Textel's revenue?

Textel generates an estimated $6.8M in annual revenue.

Who founded Textel?

Textel was founded by James Diel.

Who is the CEO of Textel?

The CEO of Textel is James Diel.

How much funding does Textel have?

Textel raised $5M across 2 rounds.

How many employees does Textel have?

Textel has 68 employees.

Where is Textel headquarters?

Textel is headquartered in Saint Louis, Missouri, United States.

Compare Textel to the industry

Textel operates across multiple industries. Browse revenue, funding, and growth data for Textel 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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Textel Revenue 2024: $6.8M Est. ARR, $5M Raised