Wizmo
Valuation
$1.9M
2024 Revenue
$621.8K
Funding
$11.7M
YOY
26.5%
Team
24
Founded
1993
How Wizmo CEO Brad Balogh grew Wizmo to $621.8K revenue with a 24 person team in 2024.
Software as a Service (SaaS) and Cloud Computing are relatively new trends and can be complex. You want to work with a company that has depth and experience and has seen it all. Wizmo is one of the few companies that has been there from the beginning. With an exclusive focus on partnering with application developers to enable a SaaS offering, they have built deep expertise on technical and business issues. With 10 years of experience in Cloud Computing and SaaS, Wizmo is uniquely positioned to serve you.
Last updated
Wizmo Revenue
In 2024, Wizmo's revenue reached $621.8K. The company previously reported $491.5K in 2023. Since its launch in 1993, Wizmo has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Wizmo Hit $621.8k revenue in October 2024 |
| 2023 | Wizmo Hit $491.5k revenue in December 2023 |
| 2020 | Wizmo Hit $131.3k revenue in August 2020 |
| 1993 | Launched with $0 revenue |
Wizmo Valuation, Funding Rounds
Wizmo's most recent disclosed valuation is $1.9M.
Wizmo has raised $11.7M in total funding across 2 rounds, most recently a $4.7M Series C round in 2002.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2002 | Series C | $4.7M | - | - |
| 2000 | Private Equity Round | $7M | - | - |
Wizmo Employees & Team Size
Wizmo employs approximately 24 people as of 2026.
Wizmo has 24 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 24 employees (October 2024) |
| 2023 | Reached 24 employees (December 2023) |
| 2022 | Reached 24 employees (December 2022) |
| 2021 | Reached 26 employees (December 2021) |
| 2021 | Reached 26 employees (October 2021) |
Founder / CEO
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 Wizmo yet.
Frequently Asked Questions about Wizmo
What is Wizmo's revenue?
Wizmo generates $621.8K in revenue.
Who founded Wizmo?
Wizmo was founded by Brad Balogh.
Who is the CEO of Wizmo?
The CEO of Wizmo is Brad Balogh.
How much funding does Wizmo have?
Wizmo raised $11.7M.
How many employees does Wizmo have?
Wizmo has 24 employees.
Where is Wizmo headquarters?
Wizmo is headquartered in St Paul, Minnesota, United States.
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We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.
Compare Wizmo to the industry
Wizmo operates across multiple industries. Browse revenue, funding, and growth data for Wizmo 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 .