MX was founded in 2010 and became a unicorn in 2021.

MX is headquartered in Lehi, United States. It is registered at Lehi.

Who is the current CEO of MX?

Ryan Caldwell of MX. They have also founded 2 companies.

How many employees does MX have?

As of Aug 31, 2026, the latest employee count at MX is 1049.

Is MX a funded company?

MX is a funded company, having raised a total of $610M across 12 funding rounds to date. The company's 1st funding round was a $70K Seed round, raised on Apr 29, 2010.

How much is MX worth?

The latest valuation of MX is $1.9B as of Dec 31, 2025.

When was the latest funding round of MX?

MX's latest funding was a $300M Series C round on Jan 13, 2021, with participation from 10 investors.

Is MX a Banking Tech company?

The primary sector of MX is Banking Tech.

Where does MX rank among its competitors?

MX ranks 2nd amongst 52 active competitors, of which 22 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Spade, which secured $40M in Mar, 2026.

Who are the top competitors of MX?

MX's top competitors include Plaid, Belvo and Finicity. Among them, Spade secured the most recent funding round in March, 2026.

MX - 2026 Company Profile, Team, Funding & Competitors

MX is a series C company based in Lehi (United States), founded in 2010 by Ryan Caldwell. It operates as a Provider of data-driven analytics and open banking API for businesses. MX has raised $610M in funding from investors like Battery Ventures, TTV Capital and TPG, with a current valuation of $1.9B. The company has 52 active competitors, including 22 funded and 7 that have exited. Its top competitors include companies like Plaid, Belvo and Finicity.

Sectors and market segments that MX operate in

MX serves in the FinTech market segments.The primary business model of MX is:

FinTech > Banking Tech > ***** **** > ***** ******

Company Details

Provider of data-driven analytics and open banking API for businesses. It offers an open financial database for personalized marketing, personal financial management, financial insight, mobile banking, and more. It offers tools for data enhancement, data aggregation, and data analytics. It also offers SaaS-based products for banks, credit unions, and fintech companies.

Website: www.mx.com/
Social
Email ID: *****@mx.com
Phone Number: +1 **********
Registered Address: Lehi

Key Metrics

Founded Year

2010

Location

Lehi, United States

Stage

Series C

Total Funding

$610M in 12 rounds

Latest Funding Round

Series C, Jan 13, 2021, $300M

Post Money Valuation

$1.9B as on Dec 31, 2025

Investors

Battery Ventures & 37 more

Ranked

2^nd among 52 active competitors

Employee Count

1,049 as on Aug 31, 2026

Investment & Acquisitions

MoneyReef & 1 more

Similar Companies

Plaid & 62 more

View MX's full profile

MX is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mx Technologies, Inc. CIN: 272207054 , United States, Active	Dec 31, 1999	-	436 (As on Dec 31, 2024)	-

MX has raised a total funding of $610M over 12 rounds. Its first funding round was on Apr 29, 2010. Its latest funding round was a Series C round on Jan 13, 2021 for $300M. 10 investors participated in its latest round. MX has 37 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of MX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 13, 2021	$300M	Series C	$1.9B	-	TPG	CapitalG, Geodesic Capital, Greycroft, Pelion Venture Partners, Canapi Ventures, Point72 Ventures, Cota Capital, Regions Bank, DG Ventures
Jun 25, 2019	$100M	Series B	-	-	Battery Ventures	H.I.G. Capital, Point72 Ventures, Sorenson Capital, Pelion Venture Partners, Industry Ventures, Cross Creek, TTV Capital, National Bank of Canada, Washington Federal, USAA, Commerce Ventures, DG Ventures
2018	$75M	Series B	-	-	-	-

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View details of MX's funding rounds and investors

The founders of MX is Ryan Caldwell. Ryan Caldwell is the CEO of MX.

Here are the details of MX's key team members:

Ryan Caldwell: Co-Founder & CEO of MX and founder of 3 other companies, EnticeLabs, MoneyDesktop and Data.
Contact Info: 1 email address

View details of MX's Founder profiles and Board Members

MX's employee count trend

MX has 1,049 employees as of Aug 26. Here is MX's employee count trend over the years:

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Top competitors of MX include Plaid, Belvo and Finicity. Here is the list of Top 10 competitors of MX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Plaid 2012, San Francisco (United States), Series E	Provider of a network for connecting financial accounts to applications	$1.32B	New Enterprise Associates, Spark Capital ... & 75 others	69/100
2nd	MX 2010, Lehi (United States), Series C	Provider of data-driven analytics and open banking API for businesses	$610M	Cross Creek, Carriage House Rock & 36 others	69/100
3rd	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, Kibo Ventures & 28 others	68/100
4th	Finicity 1999, Salt Lake City (United States), Acquired	Open banking aggregation API solutions	$80M	Experian, Angelneers & 2 others	63/100
5th	Heron Data 2020, London (United Kingdom), Series A	Open banking APIs for banks & financial institutions	$17.4M	Y Combinator, BoxGroup & 9 others	59/100
6th	Spade 2021, New York City (United States), Series B	Online platform for data API	$61.2M	Oak HC/FT, Flourish & 7 others	59/100
7th	Atto 2010, Edinburgh (United Kingdom), Acquired	Transaction data platform for businesses	$14.6M	Ingka, SixThirty & 42 others	58/100
8th	Rutter 2019, San Francisco (United States), Series A	API-based finance and accounting management platform	$28.5M	Liquid 2 Ventures, Haystack & 11 others	54/100
9th	SmartStream 1988, London (United Kingdom), Acquired	Provider of data management and reconciliation solutions for financial institutions	-	TA Associates, Investment Corporation of Dubai	52/100
10th	Powens 2012, Paris (France), Acquired	API-enabled open banking platform for diversified financial solution	-	PSG	50/100