MX Stock $0.64

Forge Price BeaconForge Price 1 updated October 30, 2024

data.mx.comFinTech / FinTech softwareFounded: 2010Funding to Date: $574.88MM

MX is a financial software business offering open APIs to businesses aiming to verify consumer data and build financial experiences for their users. MX's products include MXaccess, MXapi, MXdata, MXinsights, and MXmobile. MX was founded in 2010 by Brandon Dewitt and Ryan Caldwell and is headquartered in Lehi, UT.

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Private Market Pricing DetailsValuation & Financings

MX Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
10/30/2024
Price per Share
$0.64
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

MX Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
01/13/2021 Series C $375MM $xx.xx $1.92B TPG Growth, CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72 Ventures, Pelion Venture Partners, Regions Financial Corp
Price per Share
$xx.xx
Shares Outstanding
238,074,983
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG Growth, CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72 Ventures, Pelion Venture Partners, Regions Financial Corp
06/25/2019 Series B $115.47MM $xx.xx $439.76MM Battery Ventures, H.I.G. Growth Partners, Point72 Ventures, Sorenson Ventures, Pelion Venture Partners, Cross Creek Capital, Industry Ventures, Digital Garage, TTV Capital, Commerce Ventures, National Bank of Canada, Washington Federal Bank
Price per Share
$xx.xx
Shares Outstanding
242,789,286
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Battery Ventures, H.I.G. Growth Partners, Point72 Ventures, Sorenson Ventures, Pelion Venture Partners, Cross Creek Capital, Industry Ventures, Digital Garage, TTV Capital, Commerce Ventures, National Bank of Canada, Washington Federal Bank
04/30/2015 Series A $65.75MM $xx.xx $269.1MM USAA, Digital Garage
Price per Share
$xx.xx
Shares Outstanding
192,544,302
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
USAA, Digital Garage
11/03/2014 Series 8 $4.54MM $xx.xx $77.87MM TTV Capital, North Hill Ventures, Commerce Ventures
Price per Share
$xx.xx
Shares Outstanding
32,411,604
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TTV Capital, North Hill Ventures, Commerce Ventures
11/03/2014 Series 7 $5MM $xx.xx $77.87MM TTV Capital, North Hill Ventures, Commerce Ventures
Price per Share
$xx.xx
Shares Outstanding
41,666,667
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TTV Capital, North Hill Ventures, Commerce Ventures
11/03/2014 Series 6 $6MM $xx.xx $77.87MM TTV Capital, North Hill Ventures, Commerce Ventures
Price per Share
$xx.xx
Shares Outstanding
54,545,454
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TTV Capital, North Hill Ventures, Commerce Ventures
11/11/2011 Series 5 $1.62MM $xx.xx $16.56MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
36,611,150
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
11/11/2011 Series 4 $374,196 $xx.xx $16.56MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
8,446,870
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
11/11/2011 Series 3 $85,026 $xx.xx $16.56MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
85,026,180
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
04/22/2010 Series 2 $599,999 $xx.xx $3.78MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
9,999,995
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
04/22/2010 Series 1 $39,994 $xx.xx $3.78MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,934,301
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
03/25/2010 Series X2 $200,000 $xx.xx $3.24MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,000,000
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
03/25/2010 Series X $198,464 $xx.xx $3.24MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
4,480,000
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors

MX investors also invested in these private companies

Leadership & Board

Leadership

Jim Magats
Chief Executive Officer
Brian Kinion
Chief Financial Officer
Wes Hummel
Chief Technology Officer
Felix Quintana
Chief Information Officer
Donald Macdonald
Chief Marketing Officer & Chief Industry Strategy Officer
Brett Allred
Chief Innovation Officer
Nandita Gupta
Chief Product Officer

Board

Sean Banks JD
TTV Capital

MX stock FAQs

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Can you buy MX stock?

As MX is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like MX, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy MX stock?

To invest in a private company like MX through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell MX stock?

Yes, you may sell the MX stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell MX stock?

If you hold private company shares of MX – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your MX on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is MX a public company?

No, MX is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is MX’s stock price?

MX is a private company, meaning it does’t have a publicly traded stock price. However, as of 10/30/2024 the MX Forge Price is $0.64 per share. The Forge Price is a derived price calculated for private companies like MX to provide insights into their current valuation. Learn more about Forge Price.
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What is MX’s stock ticker symbol?

MX does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

MX’s news and media highlights

MX Vice reports Roan van de Moosdijk and Team HRC mutually ended their relationship due to the rider's knee injury. Van de Moosdijk will take time to recover before hopefully returning to MXGP. HRC thanks him for his professionalism and wishes him well.
MX, an industry leader in Open Finance, today announced that Data Access, formerly MXaccess, is now available for free to financial institutions and data providers. Data Access enables financial institutions and other data providers to help consumers connect to all the financial providers they use to manage their money, including banks, credit unions, payment providers, and fintech apps.
Payments provider Sila and Open Finance firm MX have completed the integration work of MXapi Processor Tokens with Sila. The deal will allow Sila customers and their end users to verify bank accounts and account data for fraud mitigation and balance checks.
As August ended, open finance fintech MX announced the hiring of a new CTO, Wes Hummel, who will lead the firm's engineering and information security teams, and report to CEO Jim Magats.
Updated on: Oct 30, 2024

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