MX Technologies

SoftwareSeries CLehi, USmx.com

Latest round

Series C

Last raised

Jan 2021

Total raised

$432M

Investors

24

About MX Technologies

MX Technologies, Inc.Founded in 2010 in Lehi, US, MX Technologies, Inc. specializes in financial data solutions. The company has undergone no known significant pivots and does not have subsidiaries. The founders include Bernard Robinson, Brandon Dewitt, Hessa Alfalasi, Musaib Malik, and Ryan Caldwell.MX Technologies Inc. specializes in providing advanced financial data solutions designed to enhance consumer engagement and empower clients to achieve their financial goals. The company’s core offerings include a robust suite of APIs and tools that facilitate account aggregation, instant account verifications, customer analytics, and data enhancement. These products enable financial institutions and fintech companies to securely link and verify financial data, cleansing and categorizing transaction information to deliver actionable insights. By leveraging these services, clients can create personalized financial experiences that improve customer loyalty and drive business growth.MX generates revenue through a subscription-based model that provides clients access to its suite of connectivity and data enhancement solutions. The pricing structure typically involves partnerships with financial institutions, where clients pay fees based on the volume of transactions processed or the level of service subscribed to. Given the scale of operations, with over 170 billion transactions processed daily and more than 13,000 connections established, the firm is well-positioned to capture significant market share in the financial technology sector. Specific flagship offerings include their account aggregation and data intelligence tools, which are critical for enhancing customer experiences in a competitive landscape.In January 2021, MX Technologies, Inc. The company is focused on launching new products designed to enhance its offerings and is targeting expansion into additional markets in Europe and Asia by the end of 2023.

Who invested in MX Technologies

24 investors across 5 rounds

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Funding rounds

  1. Series C

    Jan 13, 2021

    Amount

    $300M

    Investors

    Locked

  2. Series B

    Nov 6, 2018

    Amount

    $100M

    Investors

    Locked

  3. Series A

    Oct 26, 2016

    Amount

    $1.6M

    Investors

    Locked

  4. Series A

    Apr 3, 2015

    Amount

    $20M

    Investors

    Locked

  5. Seed

    Jun 18, 2014

    Amount

    $10M

    Investors

    Locked

Questions about MX Technologies

Who invested in MX Technologies?

MX Technologies has 24 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MX Technologies raised?

MX Technologies has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did MX Technologies last raise money?

MX Technologies's most recent round on record is a Series C, in Jan 2021.

What does MX Technologies do?

MX Technologies is a software company.

Where is MX Technologies headquartered?

MX Technologies is headquartered in Lehi, US.

Which VCs invest in companies like MX Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at MX Technologies's stage. Their profiles are linked below.

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