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Developer of a cloud computing platform designed to simplify the orchestration of secure data exchange between things and clouds. The company's platform offers internet of things device authentication, authorization and auto-configuration for full-duplex messaging over a single TCP connection by simply connecting IoT devices to the public internet, enabling users to get a secure connection while surfing through the public internet.
Last updated
In 2024, Xaptum's revenue reached $644.2K. The company previously reported $501.1K in 2023. Since its launch in 2013, Xaptum has shown consistent revenue growth.
Xaptum reached a $1.9M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $1.9M | - |
CEO
Pasam is an industry trailblazer who runs technology businesses through the life cycle of start-up to turnaround with an incisive understanding of value drivers for technology products in the marketplace. Pasam had previously founded successful technology businesses in technology services and outsourced product development. He has both authored and been quoted in articles on business innovation for publications such as the St. Louis Business Journal (which named him a St. Louis "30 Under 30"), St. Louis Commerce Magazine, and St. Louis Post Dispatch. The secretary of state of Missouri, Robin Carnahan, recognized Pasam in 2008 for public service and contribution to the community. AT&T Innovator in IoT 2013 & Chicago's Tech50 by Crains in 2017.
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We do not have customer count information for Xaptum yet.
Xaptum employs approximately 4 people as of 2026, including 3 sales reps that carry a quota.
Xaptum generates an estimated $644.2K in annual revenue.
Xaptum was founded by Rohit Pasam.
The CEO of Xaptum is Rohit Pasam.
Xaptum raised $0.
Xaptum has 4 employees.
Xaptum is headquartered in Chicago, Illinois, United States.
Xaptum operates across multiple industries. Browse revenue, funding, and growth data for Xaptum in each sector below.
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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Valuation
$1.9M
2024 Revenue
$644.2K(Est.)
Funding
$0
Team
4
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Xaptum Hit $644.2k revenue in October 2024 | Estimated |
| 2023 | Xaptum Hit $501.1k revenue in December 2023 | Estimated |
| 2021 | Xaptum Hit $732.6k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 4 employees (October 2024) | |
| 2023 | Reached 4 employees (December 2023) | |
| 2022 | Reached 4 employees (December 2022) | |
| 2021 | Reached 7 employees (December 2021) | |
| 2021 | Reached 11 employees (April 2021) |
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