Lexmark

Lexington, United States Founded: 1991 • Age: 35 yrs Acquired By Xerox
IoT and cloud-enabled imaging products are supplied to businesses worldwide.
Annual revenue $16.2M Latest available
Total funding - 1 rounds
Employees 340 Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Lexmark

Lexmark is a company based in Lexington (United States) founded in 1991 was acquired by Xerox in December 2024. It operates as a Direct-to-Consumer (D2C) and Managed Services. The company has 340 employees as of March 27, 2024. Lexmark has completed 9 acquisitions, including AccessVia, Acuo Technologies and Brainware. Lexmark offers products and services including Lexmark Printers, Lexmark Supplies, IoT Solutions, and Cloud Services.

  • Headquarter Lexington, United States
  • Employees 340 as on 27 Mar, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Lexmark International, Inc.
  • Date of Incorporation 13 Sep, 2001
  • Jurisdiction Kolkata, West Bengal, India
Operational Areas
Technology → Geospatial, Imaging & Sensing Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $16.15 M (USD)
    24.88
    as on Mar 31, 2023
  • Net Profit
    $1.54 M (USD)
    34.6
    as on Mar 31, 2023
  • EBITDA
    $2.02 M (USD)
    27.16
    as on Mar 31, 2023
  • Latest Funding Round
    $550.05 K (USD), Grant

    May 01, 2018

  • Investors
    Xerox

    & 4 more

  • Employee Count
    340

    as on Mar 27, 2024

  • Investments & Acquisitions
    AccessVia

    & 8 more

  • Acquired by
    Xerox

    & 1 more

    (Dec 24, 2024)

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Products & Services of Lexmark

Lexmark offers a comprehensive portfolio of products and services, including Lexmark Printers, Lexmark Supplies, IoT Solutions, and Cloud Services.

Product name locked
Category locked
Primary

Printers are offered for various business sizes.

Product name locked
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Genuine supplies are provided for superior quality.

Product name locked
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IoT solutions are delivered for enterprise transformation.

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Cloud services are managed for efficient printing.

People of Lexmark

Headcount 10000+
Employee Profiles 458
Board Members and Advisors 8
Employee Profiles
People
Munu Gandhi
President of IT Solutions
People
Megan Sprague
XBS Technology Solutions Executive
People
Billy Spears
Chief Product Development and Delivery Officer
People
Chuck Butler
CFO

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Board Members and Advisors
people
Scott Letier
Director
people
Nichelle Maynard-Elliott
Director
people
Margarita Paláu-Hernández
Director
people
Tami A. Erwin
Director

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Funding Insights of Lexmark

Investors in Lexmark

Lexmark has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Xerox, European Union and Apex.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Alternative investment firm
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Venture Capital firm focused on multiple sectors
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Lexmark

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Lexmark

Lexmark has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AccessVia, Acuo Technologies and Brainware.

Investments
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Investment portfolio details for Lexmark

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
IT support and maintenance services are provided in Kenya.
Locked Locked 2008 Locked
Intelligent data capture and enterprise search solutions are provided.
Locked Locked 2006 Locked
EHR and PACS solutions are provided for healthcare facilities.
Locked Locked 2002 Locked
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Complete acquisition details for Lexmark

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  • Domains and locations

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Financial Statements - Lexmark

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Detailed financials for Lexmark

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  • Profit trends
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Lexmark Comparisons

Lexmark Primary company
Description
IoT and cloud-enabled imaging products are supplied to busin...
Location
Lexington, United States
Founded Year
1991
Annual Revenue
$16.15 M (USD)
Net Profit
$1.54 M (USD)
EBITDA
$2.02 M (USD)
Employees
340
As of 2024
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Peer comparison for Lexmark

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Competitors of Lexmark

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Detailed competitors of Lexmark

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  • Domains and locations
  • Full company profiles
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Latest news on Lexmark

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Complete news archive for Lexmark

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Lexmark

Lexmark was founded in 1991 and raised its 1st funding round 27 years after it was founded.

Lexmark is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

As of Mar 27, 2024, the latest employee count at Lexmark is 340.

Annual revenue of Lexmark is $16.15M as on Mar 31, 2023.

Lexmark is established as a provider of imaging solutions, technologies, and services tailored for businesses of all sizes. Operations span across various sectors including banking, government, healthcare, insurance, education, manufacturing, and retail. Solutions such as IoT, cloud services, and AI-powered workflows are offered to enhance efficiency and reduce costs. Printers and multifunction products are designed to be reliable and easy to maintain. Sustainability is prioritized through responsible design and recycling programs across the product lifecycle.

Lexmark offers Lexmark Printers, Lexmark Supplies, IoT Solutions, and Cloud Services.

Lexmark has made 9 acquisitions, including AccessVia, Acuo Technologies, and Brainware.

Lexmark has 5 investors. Key investors include Xerox, European Union, Apex, PAG, and Legend Capital.

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