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2024 Revenue

$3.1M

Funding

$185K

YOY

20.8%

Team

28

Founded

2018

How Xemelgo CEO Rich Rogers grew to $3.1M revenue with a 28 person team in 2024.

Developer of IoT-powered smart manufacturing technologies intended for real-time data-driven decision-making within and across factories. The company's sensor-fusion technology provides real-time visibility into inventory, work-in-progress, assets and inter-facility shipments and its intelligent assistants automatically alert clients on compliance violations, quality issues, inventory shortages, production bottlenecks, lost assets, and incomplete orders, enabling manufacturers to save millions of dollars by being alerted in real-time to emerging production issues.

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Xemelgo Revenue

In 2024, Xemelgo's revenue reached $3.1M. The company previously reported $2.5M in 2023. Since its launch in 2018, Xemelgo has shown consistent revenue growth.

Xemelgo Revenue GrowthReported revenue / ARR over time$0$750K$1.5M$2.3M$3M$3.8M2018201920202021202220232024$0$1.3M$2.5M$3.1MSource: GetLatka.com
YearMilestoneQuote
2024Xemelgo Hit $3.1m revenue in October 2024
2023Xemelgo Hit $2.5m revenue in December 2023
2021Xemelgo Hit $1.3m revenue in April 2021
2018Launched with $0 revenue

Xemelgo Valuation, Funding Rounds

Xemelgo has not publicly disclosed its valuation. The company has raised $185K in total funding to date.

Xemelgo has raised $185K in total funding across 1 round, with its most recent round in 2019.

Xemelgo Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$40K$0.4$80K$0.6$120K$0.8$160K$1$200K20182019Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Funding round$185K--

Founder / CEO

Rich Rogers

CEO

Co-founder and CEO of Xemelgo, a Seattle-based Industry 4.0 solution provider. Xemelgo builds smart manufacturing solutions that provide complete visibility into your industrial operations. Real-time monitoring and intelligent alerts eliminate costly disruptions like inventory shortages, production bottlenecks, misplaced assets, and incomplete orders. They design our software hand-in-hand with manufacturing operations professionals to create solutions that solve real problems, are easy to use, and blend seamlessly with existing processes. Their app-led approach means that we manage the advanced technology platform and you reap its benefits through simple, mobile-first applications -- paying only for what you need and no more. Prior to launching Xemelgo I spent 12 years at Hitachi building out net new teams, portfolios, and businesses that accounted for $1B+ in annual revenue. Product portfolios included Industrial IoT, Object Storage, and Converged Infrastructure. Development sites included Seattle, Boston, Bay Area, Denver, UK, Italy, India, and Japan. He entered Hitachi via the $120M acquisition of Archivas, a Boston-based digital archiving start-up.

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Customers

We do not have customer count information for Xemelgo yet.

Xemelgo Employees & Team Size

Xemelgo employs approximately 28 people as of 2026, down from 30 in 2023.

Xemelgo Team GrowthReported headcount over time08152330382018201920202021202220232024002828Source: GetLatka.com
YearMilestone
2024Reached 28 employees (October 2024)
2023Reached 30 employees (December 2023)
2022Reached 26 employees (December 2022)
2021Reached 19 employees (December 2021)
2021Reached 27 employees (April 2021)

Frequently Asked Questions about Xemelgo

What is Xemelgo's revenue?

Xemelgo generates an estimated $3.1M in annual revenue.

Who founded Xemelgo?

Xemelgo was founded by Rich Rogers.

Who is the CEO of Xemelgo?

The CEO of Xemelgo is Rich Rogers.

How much funding does Xemelgo have?

Xemelgo raised $185K across 1 round.

How many employees does Xemelgo have?

Xemelgo has 28 employees.

Where is Xemelgo headquarters?

Xemelgo is headquartered in Bellevue, Washington, United States.

Compare Xemelgo to the industry

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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