About CitiXsys
CitiXsys is a Retail company based in New York (United States) founded in 2002. Retail management solutions including POS and inventory systems are provided. CitiXsys has raised $120 million across 4 funding rounds from investors including Goldman Sachs and Housatonic Partners. The company has 95 employees. Its Indian entity Citixsys Tech Solutions Private Limited reported revenue of ₹19.87 Cr. CitiXsys offers products and services including Point of Sale System, Inventory Management, and Customer Loyalty. Its focus areas include E-Commerce Enablers, Ecommerce Software Suite, In Store Retail Tech and Suite. Its competitors include CommerceIQ, Cart.com and BigCommerce; 3 of its 3 listed competitors have raised funding.
Company details
CitiXsys was founded in 2002 in New York, United States, focusing on the retail sector. Integrated software solutions such as iVend retail with SAP applications are offered, alongside inventory and supply chain management tools. Business intelligence via iView and consulting services are provided, including POS systems. Operations serve clients like Asics and Goodwill, with partnerships including Microsoft.
- Headquarters New York, United States
- Employees 95
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website citixsys.com
- Social LinkedIn X Facebook
- Legal Name Citixsys Tech Solutions Private Limited
- Date of Incorporation 18 Jan, 2011
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹19.87 Cr
FY 2024 · +1% YoY
- Indian entity net profit₹4.6 Lakh
FY 2024 · 0% margin
- Indian entity EBITDA₹42.1 Lakh
FY 2024 · 2% margin
- Total Equity Funding$120M (USD)
in 4 rounds
- Latest Funding Round$15M (USD), Series C
Oct 2020
- InvestorsGoldman Sachs
& 1 more
- Employee Count95
Associated legal entities of CitiXsys
CitiXsys operates through Citixsys Tech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Citixsys Tech Solutions Private Limited CIN U72900DL2011PTC212772 | Active | 18 Jan 2011 | New Delhi, Delhi | ₹19.9 Cr | 95 | 2 | View details |
Products & Services of CitiXsys
CitiXsys offers a comprehensive portfolio of products and services, including Point of Sale System, Inventory Management, and Customer Loyalty.
Manages sales transactions and inventory in retail environments.
Tracks stock levels and optimizes retail operations efficiently.
Enhances customer retention through rewards and engagement programs.
Funding Insights of CitiXsys
CitiXsys has successfully raised a total of $120M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $120M
- Total Rounds 4
- Last Round Series C — $15M
- First Round $25M
(Oct 2018)
- Investors Count 2
All 4 funding rounds of CitiXsys with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $15M | Series C | – | – | – |
| Nov 2019 | $60M | Series C | – | Goldman Sachs | – |
| Oct 2018 | $20M | Series B | – | Housatonic | – |
| Oct 2018 | $25M | Series A | – | Housatonic | – |
2 investors in total: 2 institutional.
Investors in CitiXsys
CitiXsys has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs and Housatonic Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Housatonic Partners is engaged in private equity investments. | 1994 | housatonicpartners.com | San Francisco, United States | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States |
Investor details for CitiXsys
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Board of directors of Citixsys Tech Solutions Private Limited (CitiXsys)
Citixsys Tech Solutions Private Limited is the primary company behind CitiXsys. The board of Citixsys Tech Solutions Private Limited currently have 2 directors; the longest-serving is Ajay Mamgain, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Mamgain DIN 07189177 | Director | 15 Jun 2015 | 11 yrs 4 mo | Citixsys Tech Solutions Private Limited |
| Manish Chaturvedi DIN 07664495 | Director | 24 Nov 2016 | 9 yrs 11 mo | Citixsys Tech Solutions Private Limited |
People of CitiXsys
6 people are tracked at CitiXsys (6 in leadership); the tracked headcount is 95.
| Name | Role | Group |
|---|---|---|
Kamal Karmakar | CEO | Leadership |
Pankaj Mathur | COO | Leadership |
Ritesh Aurora | Managing Director | Leadership |
Agneesh Jain | VP, Program Management | Leadership |
| VP, Product Marketing | Leadership | |
| VP, Consulting | Leadership |
Complete people profiles for CitiXsys
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Financials of CitiXsys
Figures of Citixsys Tech Solutions Private Limited, the primary company behind CitiXsys, for FY 2024. Revenue was ₹19.87 Cr (+1% year on year). Net profit was ₹4.6 Lakh (0% margin). EBITDA was ₹42.1 Lakh (2% margin). Revenue has grown at a compounded annual rate of +15% over three years and +14% over five years.
- ₹19.87 CrRevenue · FY 2024 · +1% YoY
- ₹4.6 LakhNet profit · 0% margin
- ₹42.1 LakhEBITDA · 2% margin
- ₹1.38 CrPaid-up capital
- 95Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Citixsys Tech Solutions Private Limited are on its company page.
Detailed financial statements for CitiXsys
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of CitiXsys
3 dated milestones of CitiXsys across 18 years, from founding to its latest funding, stage changes and deals.
- Founded CitiXsys is founded.
- Funding First funding round of $25.0M.
- Funding Latest funding round, Series C, of $15.0M.
Competitors of CitiXsys
CitiXsys has 3 listed competitors in our database, 3 of them funded. They include CommerceIQ, Cart.com and BigCommerce.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. | |
| cart.com | 2020 | Austin, United States | $735.24M | 998 | Software suite solutions are provided for e-commerce businesses. | |
| bigcommerce.com | 2009 | Austin, United States | $233.45M | 1,321 | SaaS-based software suites for e-commerce operations are provided. |
Detailed competitors of CitiXsys
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Web traffic of CitiXsys
Websites that share an audience with CitiXsys (citixsys.com).
Websites whose visitors overlap most with CitiXsys. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ivend.com | 100% | 14.5K | #1,752,310 | View details | |
| netsuite.com | 96% | 19.7M | #1,542 | View details | |
| sap.com | 91% | 15M | #3,427 | View details | |
| chequepointe.com | 86% | View details | |||
retailbosspos.com | retailbosspos.com | 86% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for CitiXsys
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- 16 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as CitiXsys (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Citixsys
Complete news archive for CitiXsys
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Frequently Asked Questions about CitiXsys
CitiXsys was founded in 2002 and raised its 1st funding round 16 years after it was founded.
CitiXsys is headquartered in New York, United States. It is registered at New York, New York, United States.
CitiXsys is a funded company, having raised a total of $120M across 4 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Oct 2018.
CitiXsys has 95 employees.
The primary company behind CitiXsys, Citixsys Tech Solutions Private Limited, reported revenue of ₹19.87 Cr for FY 2024, up 1% year on year.
CitiXsys was founded in 2002 in New York, United States, focusing on the retail sector. Integrated software solutions such as iVend retail with SAP applications are offered, alongside inventory and supply chain management tools. Business intelligence via iView and consulting services are provided, including POS systems. Operations serve clients like Asics and Goodwill, with partnerships including Microsoft.
CitiXsys's top competitors include CommerceIQ, Cart.com and BigCommerce.
CitiXsys offers Point of Sale System, Inventory Management, and Customer Loyalty.
CitiXsys has 2 investors. Key investors include Goldman Sachs, and Housatonic Partners.
CitiXsys operates through Citixsys Tech Solutions Private Limited.
The legal entities of CitiXsys currently have 2 directors, including Ajay Mamgain, Manish Chaturvedi.