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MX valuation, funding and investors

MX works in financial data solutions development, based in Lehi, United States. Founded in 2014, it has about 977 employees.

Data Solutions Series C
VALUATION · TODAY
$1.91B −5% after Series C
Range $298M – $2.61B · Grade D
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Seed
Series A $30.0M
Series B $100M
Series C $300M
Valuation12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY1,004 employees
+14%6m growth
+11%1y growth
+18%2y growth
500
1,000
1,500
Data from Jan 2021
TODAY
Predicted in 1 yr $1.80B −5% vs today
Predicted next raise $296M if a round comes
Winding-down probability 0%
Last round
Series C · $300M · Jan 2021
Valuation at last round
$1.90B
Headcount
1,004 · up
Grade
D
Founded
2014
How VCMC values companies →

MX valuation today

VCMC values MX at $1.9B today, with a range of $298M to $2.6B and a grade of D. The valuation starts from its last funding round, a Series C round in Jan 2021.

Valuation by date (159 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

MX: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2014$22.0M$11.0M – $87.7M$44.0M (+100%)after a round–unknownD0%
2 Jan 2014$22.0M$11.0M – $87.7M$44.0M (+100%)after a round–unknownD0%
1 Feb 2014$23.3M$11.0M – $87.7M$44.0M (+89%)after a round–unknownD0%
1 Mar 2014$24.6M$11.0M – $87.7M$44.0M (+79%)after a round–unknownD0%
1 Apr 2014$26.1M$11.0M – $87.7M$44.0M (+69%)after a round–unknownD0%
1 May 2014$27.6M$11.0M – $87.7M$44.0M (+59%)after a round–unknownD0%
1 Jun 2014$29.3M$11.0M – $87.7M$44.0M (+50%)after a round–unknownD0%
1 Jul 2014$31.0M$11.0M – $87.7M$44.0M (+42%)after a round–unknownD0%
1 Aug 2014$32.9M$11.0M – $87.7M$44.0M (+34%)after a round–unknownD0%
1 Sep 2014$34.9M$11.0M – $87.7M$44.0M (+26%)after a round–unknownD0%
1 Oct 2014$36.9M$11.0M – $87.7M$44.0M (+19%)after a round–unknownD0%
1 Nov 2014$39.2M$11.0M – $87.7M$44.0M (+12%)after a round–unknownD0%
1 Dec 2014$41.5M$11.0M – $87.7M$44.0M (+6%)after a round–unknownD0%
1 Jan 2015$273M$237M – $565M$491M (+80%)after a round–unknownB0%
2 Jan 2015$273M$237M – $565M$491M (+80%)after a round–unknownB0%
1 Feb 2015$287M$237M – $565M$491M (+71%)after a round–unknownB0%
1 Mar 2015$300M$237M – $565M$491M (+64%)after a round–unknownB0%
1 Apr 2015$316M$237M – $565M$491M (+56%)after a round–unknownB0%
1 May 2015$331M$237M – $565M$491M (+48%)after a round–unknownB0%
1 Jun 2015$348M$237M – $565M$491M (+41%)after a round–unknownB0%
1 Jul 2015$365M$237M – $565M$491M (+35%)after a round–unknownB0%
1 Aug 2015$384M$237M – $565M$491M (+28%)after a round–unknownB0%
1 Sep 2015$404M$237M – $565M$491M (+22%)after a round–unknownB0%
1 Oct 2015$424M$237M – $565M$491M (+16%)after a round–unknownB0%
1 Nov 2015$445M$237M – $565M$491M (+10%)after a round–unknownB0%
1 Dec 2015$467M$237M – $565M$491M (+5%)after a round–unknownB0%
1 Jan 2016$491M$237M – $565M$491M (0%)after a round–unknownB0%
1 Feb 2016$491M$226M – $565M$491M (0%)after a round–unknownB0%
1 Mar 2016$491M$215M – $565M$491M (0%)after a round–unknownB0%
1 Apr 2016$491M$204M – $565M$491M (0%)after a round–unknownB0%
1 May 2016$491M$195M – $565M$491M (0%)after a round–unknownB0%
1 Jun 2016$491M$185M – $565M$491M (0%)after a round–unknownB0%
1 Jul 2016$491M$176M – $565M$491M (0%)after a round–unknownB0%
1 Aug 2016$491M$167M – $565M$491M (0%)after a round–unknownC0%
1 Sep 2016$491M$159M – $565M$491M (0%)after a round–unknownC0%
1 Oct 2016$491M$151M – $565M$491M (0%)after a round–unknownC0%
1 Nov 2016$491M$144M – $565M$491M (0%)after a round–unknownC0%
1 Dec 2016$491M$137M – $565M$491M (0%)after a round–unknownC0%
1 Jan 2017$491M$130M – $565M$491M (0%)after a round–unknownC0%
1 Feb 2017$491M$124M – $565M$491M (0%)after a round–unknownC0%
1 Mar 2017$491M$118M – $565M$491M (0%)after a round–unknownC0%
1 Apr 2017$491M$112M – $565M$491M (0%)after a round–unknownC0%
1 May 2017$491M$107M – $565M$491M (0%)after a round–unknownC0%
1 Jun 2017$491M$102M – $565M$491M (0%)after a round–unknownC0%
1 Jul 2017$491M$96.7M – $565M$491M (0%)after a round–unknownC0%
1 Aug 2017$491M$91.9M – $565M$491M (0%)after a round–unknownC0%
1 Sep 2017$491M$87.3M – $565M$491M (0%)after a round–unknownC0%
1 Oct 2017$491M$83.1M – $565M$491M (0%)after a round–unknownC0%
1 Nov 2017$491M$79.0M – $565M$491M (0%)after a round–unknownC0%
1 Dec 2017$491M$75.2M – $565M$491M (0%)after a round–unknownD0%
1 Jan 2018$491M$71.5M – $565M$491M (0%)after a round–unknownD0%
1 Feb 2018$491M$67.9M – $565M$491M (0%)after a round–unknownD0%
1 Mar 2018$491M$64.9M – $565M$491M (0%)after a round–unknownD0%
1 Apr 2018$491M$61.6M – $565M$491M (0%)after a round–unknownD0%
1 May 2018$491M$58.7M – $565M$491M (0%)after a round–unknownD0%
1 Jun 2018$491M$55.8M – $565M$491M (0%)after a round–unknownD0%
1 Jul 2018$491M$53.1M – $565M$491M (0%)after a round–unknownD0%
1 Aug 2018$491M$50.4M – $565M$491M (0%)after a round–unknownD0%
1 Sep 2018$491M$47.9M – $565M$491M (0%)after a round–unknownD0%
1 Oct 2018$491M$45.6M – $565M$491M (0%)after a round–unknownD0%
1 Nov 2018$491M$43.4M – $565M$491M (0%)after a round–unknownD0%
1 Dec 2018$491M$41.3M – $565M$491M (0%)after a round–unknownD0%
1 Jan 2019$491M$39.2M – $565M$491M (0%)after a round–unknownD0%
1 Feb 2019$491M$37.3M – $565M$491M (0%)after a round–unknownD0%
1 Mar 2019$491M$35.6M – $565M$491M (0%)after a round–unknownD0%
1 Apr 2019$491M$33.8M – $565M$491M (0%)after a round–unknownD0%
1 May 2019$491M$32.2M – $565M$491M (0%)after a round–unknownD0%
1 Jun 2019$491M$30.6M – $565M$491M (0%)after a round–unknownD0%
26 Jun 2019$715M$469M – $1.6B$1.1B (+50%)after a round–unknownC0%
1 Jul 2019$719M$469M – $1.6B$1.1B (+49%)after a round–unknownC0%
1 Aug 2019$744M$469M – $1.6B$1.1B (+44%)after a round–unknownC0%
1 Sep 2019$770M$469M – $1.6B$1.1B (+39%)after a round–unknownC0%
1 Oct 2019$796M$469M – $1.6B$1.1B (+35%)after a round–unknownC0%
1 Nov 2019$824M$469M – $1.6B$1.1B (+30%)after a round–unknownC0%
1 Dec 2019$852M$469M – $1.6B$1.1B (+26%)after a round–unknownC0%
1 Jan 2020$882M$469M – $1.6B$1.1B (+21%)after a round–unknownC0%
1 Feb 2020$913M$469M – $1.6B$1.1B (+17%)after a round–unknownC0%
1 Mar 2020$943M$469M – $1.6B$1.1B (+14%)after a round–unknownC0%
1 Apr 2020$976M$469M – $1.6B$1.1B (+10%)after a round–unknownC0%
1 May 2020$1.0B$469M – $1.6B$1.1B (+6%)after a round–unknownC0%
1 Jun 2020$1.0B$469M – $1.6B$1.1B (+3%)after a round–unknownC0%
1 Jul 2020$1.1B$465M – $1.6B$1.1B (0%)after a round–unknownC0%
1 Aug 2020$1.1B$445M – $1.6B$1.1B (0%)after a round–unknownC0%
1 Sep 2020$1.1B$425M – $1.6B$1.1B (0%)after a round–unknownC0%
1 Oct 2020$1.1B$408M – $1.6B$1.1B (0%)after a round–unknownC0%
1 Nov 2020$1.1B$390M – $1.6B$1.1B (0%)after a round–unknownC0%
1 Dec 2020$1.1B$374M – $1.6B$1.1B (0%)after a round–unknownC0%
1 Jan 2021$1.1B$358M – $1.6B$1.1B (0%)after a round680unknownC0%
14 Jan 2021$1.9B$1.7B – $2.8B$2.5B (+30%)after a round680unknownA0%
1 Feb 2021$1.9B$1.7B – $2.8B$2.5B (+28%)after a round680unknownA0%
1 Mar 2021$2.0B$1.7B – $2.8B$2.5B (+26%)after a round680unknownA0%
1 Apr 2021$2.0B$1.7B – $2.9B$2.5B (+24%)after a round710flatA0%
1 May 2021$2.1B$1.7B – $2.9B$2.5B (+21%)after a round710flatA0%
1 Jun 2021$2.1B$1.7B – $2.9B$2.5B (+18%)after a round710flatA0%
1 Jul 2021$2.2B$1.7B – $2.9B$2.5B (+16%)after a round710flatA0%
1 Aug 2021$2.2B$1.7B – $2.9B$2.5B (+13%)after a round710flatA0%
1 Sep 2021$2.3B$1.7B – $2.9B$2.5B (+11%)after a round710flatA0%
1 Oct 2021$2.3B$1.7B – $2.9B$2.5B (+8%)after a round710flatA0%
1 Nov 2021$2.4B$1.7B – $2.9B$2.5B (+6%)after a round710flatA0%
1 Dec 2021$2.4B$1.7B – $2.9B$2.5B (+3%)after a round710flatA0%
1 Jan 2022$2.5B$1.7B – $2.9B$2.5B (+1%)after a round710flatA0%
1 Feb 2022$2.5B$1.6B – $2.9B$2.5B (0%)after a round710flatA0%
1 Mar 2022$2.6B$1.7B – $3.0B$2.6B (0%)after a round920growingA0%
1 Apr 2022$2.6B$1.7B – $3.0B$2.6B (0%)after a round920growingA0%
1 May 2022$2.6B$1.7B – $3.0B$2.6B (0%)after a round920growingA0%
1 Jun 2022$2.6B$1.7B – $3.0B$2.6B (0%)after a round920growingA0%
1 Jul 2022$2.6B$1.8B – $3.0B$2.6B (0%)after a round920growingA0%
1 Aug 2022$2.6B$1.6B – $3.0B$2.6B (0%)after a round920upB0%
1 Sep 2022$2.6B$1.6B – $3.0B$2.6B (0%)after a round920upB0%
1 Oct 2022$2.6B$1.6B – $3.0B$2.6B (0%)after a round920upB0%
1 Nov 2022$2.6B$1.1B – $3.0B$2.6B (0%)after a round920unknownB0%
1 Dec 2022$2.6B$1.1B – $3.0B$2.6B (0%)after a round920unknownB0%
1 Jan 2023$2.6B$1.0B – $3.0B$2.6B (0%)after a round920unknownB0%
1 Feb 2023$2.6B$940M – $3.0B$2.6B (0%)after a round920unknownB0%
1 Mar 2023$2.6B$898M – $3.0B$2.6B (0%)after a round920unknownC0%
1 Apr 2023$2.6B$853M – $3.0B$2.6B (0%)after a round920unknownC0%
1 May 2023$1.4B$779M – $2.7B$897M (-34%)after a round760downC96%
1 Jun 2023$1.3B$740M – $2.7B$869M (-35%)after a round760downC96%
1 Jul 2023$1.3B$704M – $2.7B$842M (-35%)after a round760downC96%
1 Aug 2023$1.3B$669M – $2.8B$815M (-36%)after a round760downC96%
1 Sep 2023$1.2B$636M – $2.8B$789M (-36%)after a round760downC96%
1 Oct 2023$1.3B$612M – $2.8B$847M (-35%)after a round800flatC88%
1 Nov 2023$1.3B$582M – $2.9B$895M (-33%)after a round800flatC81%
1 Dec 2023$1.4B$554M – $2.9B$943M (-32%)after a round800flatC74%
1 Jan 2024$1.4B$527M – $2.9B$990M (-31%)after a round800flatC68%
1 Feb 2024$1.4B$500M – $2.9B$987M (-28%)after a round800flatC63%
1 Mar 2024$1.4B$477M – $2.9B$1.0B (-27%)after a round800flatC58%
1 Apr 2024$1.4B$453M – $2.9B$1.1B (-25%)after a round800flatC53%
1 May 2024$1.5B$432M – $2.9B$1.1B (-24%)after a round800flatC49%
1 Jun 2024$1.5B$410M – $2.9B$1.2B (-23%)after a round800flatC45%
1 Jul 2024$1.6B$390M – $2.9B$1.2B (-22%)after a round800flatC42%
1 Aug 2024$1.6B$558M – $2.9B$1.3B (-20%)after a round850upC38%
1 Sep 2024$1.6B$547M – $2.9B$1.3B (-19%)after a round850upC35%
1 Oct 2024$1.7B$537M – $2.9B$1.4B (-18%)after a round850upC32%
1 Nov 2024$1.7B$528M – $2.9B$1.4B (-17%)after a round860upC30%
1 Dec 2024$1.7B$309M – $2.9B$1.4B (-17%)after a round860flatD27%
1 Jan 2025$1.8B$293M – $2.8B$1.5B (-15%)after a round860flatD25%
1 Feb 2025$1.7B$279M – $2.8B$1.5B (-12%)after a round860flatD23%
1 Mar 2025$1.8B$266M – $2.8B$1.6B (-11%)after a round860flatD21%
1 Apr 2025$1.8B$253M – $2.8B$1.6B (-10%)after a round860flatD20%
1 May 2025$1.8B$241M – $2.8B$1.6B (-10%)after a round860flatD18%
1 Jun 2025$1.8B$229M – $2.7B$1.7B (-9%)after a round860flatD17%
1 Jul 2025$1.9B$371M – $2.8B$1.7B (-8%)after a round895upD15%
1 Aug 2025$1.9B$360M – $2.8B$1.8B (-7%)after a round902upD14%
1 Sep 2025$1.9B$348M – $2.8B$1.8B (-6%)after a round902upD13%
1 Oct 2025$2.3B$189M – $2.6B$2.1B (-8%)after a round902flatD0%
1 Nov 2025$2.2B$179M – $2.6B$2.1B (-8%)after a round879flatD0%
1 Dec 2025$2.2B$175M – $2.6B$2.1B (-8%)after a round879flatD0%
1 Jan 2026$2.2B$175M – $2.6B$2.0B (-8%)after a round879flatD0%
1 Feb 2026$2.2B$175M – $2.5B$2.0B (-8%)after a round879flatD0%
1 Mar 2026$2.2B$175M – $2.5B$2.0B (-7%)after a round879flatD0%
1 Apr 2026$2.1B$175M – $2.5B$2.0B (-6%)after a round879flatD0%
1 May 2026$2.3B$352M – $2.7B$2.2B (-6%)after a round977upD0%
1 Jun 2026$2.3B$354M – $2.7B$2.2B (-6%)after a round1,004upD0%
1 Jul 2026$2.3B$354M – $2.7B$2.2B (-6%)after a round1,004upD0%
1 Aug 2026$2.3B$354M – $2.6B$2.2B (-6%)after a round1,004upD0%
1 Sep 2026$2.3B$354M – $2.6B$2.2B (-6%)after a round1,004upD0%
1 Oct 2026$2.3B$354M – $2.6B$2.1B (-6%)after a round1,004upD0%
24 Oct 2026$1.9B$298M – $2.6B$1.8B (-5%)after a round1,004upD0%

Key facts about MX

Founded
2014
Headquarters
Lehi, United States
Employees
about 977 +9% in a year
Total raised
$450M
Funding rounds
5
Last round
Series C Jan 2021

MX was founded in 2014 by Brandon Dewitt and Ryan Caldwell.

MX funding history

MX has 5 funding rounds on record, from Jan 2014 to Jan 2021, $450M in total. The latest disclosed valuation is $1.90B post-money (Series C, Jan 2021).

  1. Series C 13 Jan 2021

    Led by TPG; with CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72 Ventures, Pelion Venture Partners, Regions Financial Corp..

    Sources: mx.com, prnewswire.com, finovate.com and 5 more

    $300M

    $1.90B post-money

  2. Series B 25 Jun 2019

    Led by Battery Ventures; with H.I.G. Growth Partners, Point72 Ventures, Sorenson Capital, Pelion Venture Partners, Cross Creek Capital, Industry Ventures, Digital Garage, TTV Capital, Commerce Ventures, National Bank of Canada, Washington Federal Bank.

    Sources: mx.com, prnewswire.com, finovate.com and 1 more

    $100M

  3. Series A 1 Jan 2015

    Led by USAA; with Digital Garage.

    Sources: mx.com, techcrunch.com, finovate.com and 1 more

    $30M

    $273M post-money

  4. Other 3 Nov 2014no round page

    With TTV Capital, North Hill Ventures, Commerce Ventures, Peak Ventures.

    Sources: finextra.com, finovate.com, finsmes.com

    $20M

  5. Seed 1 Jan 2014

    With TTV Capital, North Hill Ventures, Commerce Ventures.

    Sources: finovate.com, finextra.com, finsmes.com

    Amount undisclosed

MX investors

22 investors have backed MX; Battery Ventures, TPG and USAA led at least one round.

  • Battery Ventures lead
  • TPG lead
  • USAA lead
  • Commerce Ventures 3 rounds
  • Digital Garage 3 rounds
  • Pelion Venture Partners 2 rounds
  • Point72 Ventures 2 rounds
  • Canapi Ventures
  • CapitalG
  • Cross Creek Capital
  • Geodesic Capital
  • Greycroft
  • H.I.G. Growth Partners
  • Industry Ventures
  • National Bank of Canada
  • Peak Ventures
  • Regions Financial Corp.
  • Washington Federal Bank

What MX does

MX works in data solutions, with 15 recorded offerings and customers in financial services.

MX Technologies, Inc. is an American company engaged in financial data solutions, including account aggregation, instant account verifications, data access, balance checks, data enhancement, financial insights, and mobile banking. The company serves financial institutions, fintechs, and businesses, providing tools to connect, verify, and analyze financial data. MX also operates data centers in the United States and is certified for data protection under the EU-U.S. Data Protection Framework and the Swiss-U.S. Data Protection Framework.

Description from Veridion's company data.

Products and services

  • Financial Data Solutions Development
  • Account Aggregation Services
  • Instant Account Verification Services
  • Financial Data Access Services
  • Balance Check Services
  • Financial Data Enhancement Services
  • Financial Insights Generation
  • Personalized Financial Insights Delivery
  • Mobile Banking Solutions
  • AI-Driven Financial Data Analysis
  • Machine Learning Financial Data Solutions
  • Consumer-Permissioned Data Engagement Services
  • Financial Institution Data Integration Services
  • Fintech Data Solutions Development
  • Business Data Analytics Services

Markets

  • Financial Services

Technology

  • AI and Machine Learning for Personalized Financial Insights

Business model

  • Business-to-Business
  • Service Provider
  • Software-as-a-Service

Industry codes (NAICS)

  • 522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 70% match
  • 518210 Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services 30% match

Questions about MX

What is MX worth?

Valuation $1.9B (range $298M to $2.6B), as of 24 Oct 2026. The last disclosed valuation was $1.90B (Series C, Jan 2021).

Has MX raised money?

MX has 5 funding rounds on record, from Jan 2014 to Jan 2021, $450M in total. The latest disclosed valuation is $1.90B post-money (Series C, Jan 2021).

Who has invested in MX?

Battery Ventures, TPG, USAA, Commerce Ventures, Digital Garage and TTV Capital, and 16 more. Lead investors include Battery Ventures, TPG and USAA.

How many people work at MX?

About 977, up 9% over the last year. Headcount grew from 680 in Jan 2021 to 1,004 in Jun 2026.

What does MX do?

MX works in data solutions, with 15 recorded offerings and customers in financial services. Its main offerings are financial data solutions development, account aggregation services and instant account verification services.

When was MX founded, and where is it based?

MX was founded in 2014 and is based in Lehi, United States. It has about 977 employees, up 9% over the last year.