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
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Sectors
Technology
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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
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Annual Revenue
$16.15 M (USD)24.88as on Mar 31, 2023
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Net Profit
$1.54 M (USD)34.6as on Mar 31, 2023
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EBITDA
$2.02 M (USD)27.16as on Mar 31, 2023
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Latest Funding Round
$550.05 K (USD), Grant
May 01, 2018
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Investors
Xerox
& 4 more
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Employee Count
340
as on Mar 27, 2024
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Investments & Acquisitions
AccessVia
& 8 more
- Acquired by
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Printers are offered for various business sizes.
Genuine supplies are provided for superior quality.
IoT solutions are delivered for enterprise transformation.
Cloud services are managed for efficient printing.
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Software Development Team
82 people
Leadership Team
82 people
Sales and Marketing
57 people
Finance and Accounting
32 people
Operations Team
29 people
Human Resources and Administration
20 people
Product Management Team
14 people
Senior Team
14 people
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Funding Insights of Lexmark
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $550,053
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First Round
First Round
(01 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Grant - Lexmark | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Alternative investment firm
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Founded Year | Domain | Location | |
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Venture Capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lexmark
Lexmark has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include AccessVia, Acuo Technologies and Brainware. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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IT support and maintenance services are provided in Kenya.
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2008 | ||||
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Intelligent data capture and enterprise search solutions are provided.
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2006 | ||||
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EHR and PACS solutions are provided for healthcare facilities.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lexmark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lexmark Comparisons
Competitors of Lexmark
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lexmark
Frequently Asked Questions about Lexmark
When was Lexmark founded?
Lexmark was founded in 1991 and raised its 1st funding round 27 years after it was founded.
Where is Lexmark located?
Lexmark is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.
How many employees does Lexmark have?
As of Mar 27, 2024, the latest employee count at Lexmark is 340.
What is the annual revenue of Lexmark?
Annual revenue of Lexmark is $16.15M as on Mar 31, 2023.
What does Lexmark do?
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.
What products or services does Lexmark offer?
Lexmark offers Lexmark Printers, Lexmark Supplies, IoT Solutions, and Cloud Services.
How many acquisitions has Lexmark made?
Lexmark has made 9 acquisitions, including AccessVia, Acuo Technologies, and Brainware.
Who are Lexmark's investors?
Lexmark has 5 investors. Key investors include Xerox, European Union, Apex, PAG, and Legend Capital.
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