MX Overview
- Year Founded
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2010
- Status
-
Private
- Employees
-
949
- Latest Deal Type
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Later Stage VC
- Investors
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36
MX General Information
Description
Developer of digital transformation software designed for banks, credit unions, partners, and financial technology innovators. The company's software allows financial institutions to connect to the world's financial data through account aggregation, bank APIs, and transactional data enhancement, enabling clients to collect, enhance, analyze, present, and act on financial data in order to increase digital engagement and growth.
Contact Information
Website
www.mx.comCorporate Office
- 3401 North Thanksgiving Way
- Suite 500
- Lehi, UT 84043
- United States
Corporate Office
- 3401 North Thanksgiving Way
- Suite 500
- Lehi, UT 84043
- United States
MX Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Later Stage VC | Completed | Generating Revenue | ||||
| 13. Later Stage VC (Series C) | 13-Jan-2021 | Completed | Generating Revenue | |||
| 12. Later Stage VC (Series B) | 25-Jun-2019 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series A) | 01-May-2017 | Completed | Generating Revenue | |||
| 10. Accelerator/Incubator | 01-Jan-2016 | Completed | Generating Revenue | |||
| 9. Early Stage VC | 22-Jul-2014 | Completed | Generating Revenue | |||
| 8. Early Stage VC | 01-Jul-2013 | Completed | Generating Revenue | |||
| 7. Seed Round | 22-Aug-2012 | Completed | Generating Revenue | |||
| 6. Seed Round | 27-Apr-2012 | $2.05M | $5.46M | Completed | Generating Revenue | |
| 5. Seed Round | 29-Dec-2011 | $198K | $3.41M | Completed | Generating Revenue |
MX Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series C1 | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A1 | ||||||||
| Series A | ||||||||
| Series X2 | ||||||||
| Series X | ||||||||
| Series 8 | 32,411,604 | $0.000100 | $0.14 | $0.14 | 1x | $0.14 | 2.69% | |
| Series 7 | 41,666,667 | $0.000100 | $0.12 | $0.12 | 1x | $0.12 | 3.45% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
MX Comparisons
Industry
Financing
Details
MX Competitors (52)
One of MX’s 52 competitors is dv01, a Formerly VC-backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| dv01 | Formerly VC-backed | New York, NY | ||||
| SaltEdge | Corporation | Ottawa, Canada | ||||
| TrueLayer | Venture Capital-Backed | London, United Kingdom | ||||
| Personetics | Private Equity-Backed | New York, NY | ||||
| Plaid | Venture Capital-Backed | San Francisco, CA |
MX Patents
MX Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12705296-B2 | Aggregated data query interface | Active | 31-Jul-2022 | ||
| US-20240037163-A1 | Aggregated data query interface | Active | 31-Jul-2022 | ||
| US-20230246814-A1 | Data intermediary registry security | Pending | 31-Jan-2022 | ||
| US-20230138035-A1 | Transaction based fraud detection | Pending | 31-Oct-2021 | ||
| JP-2023536033-A | Data access based on risk assessment | Pending | 30-Apr-2021 | G06F21/577 |
MX Signals
MX Investors (36)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Canapi Ventures | Venture Capital | Minority | ||
| CapitalG | Growth/Expansion | Minority | ||
| Carriage House Rock | Growth/Expansion | Minority | ||
| Cota Capital | Venture Capital | Minority |
MX Acquisitions (3)
MX’s most recent deal was a Merger/Acquisition with FileThis. The deal was made on 15-Jan-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| FileThis | 15-Jan-2020 | Merger/Acquisition | Business/Productivity Software | ||
| MoneyReef | 02-Aug-2012 | Merger/Acquisition | Financial Software | ||
| Myjibe | 22-Nov-2011 | Merger/Acquisition | Financial Software |
MX FAQs
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When was MX founded?
MX was founded in 2010.
-
Where is MX headquartered?
MX is headquartered in Lehi, UT.
-
What is the size of MX?
MX has 949 total employees.
-
What industry is MX in?
MX’s primary industry is Financial Software.
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Is MX a private or public company?
MX is a Private company.
-
What is MX’s current revenue?
The current revenue for MX is .
-
How much funding has MX raised over time?
MX has raised $451M.
-
Who are MX’s investors?
, Canapi Ventures, CapitalG, Carriage House Rock, and Cota Capital are 5 of 36 investors who have invested in MX.
-
Who are MX’s competitors?
dv01, SaltEdge, TrueLayer, Personetics, and Plaid are some of the 52 competitors of MX.
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