Valid8.com

5.0★★★★★(5 reviews)

26 Princess St Suite 310, Wakefield, MA 01880

Wakefield, Massachusetts, United States

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Business facts

Estimated annual revenue~$3.4M
Estimated employees~18
Annual payroll (2020)~$471.4K
In business since2004
Based on reported payroll data

Contacts

Area statistics (01880)

Population27,026
Median household income$125,707
Source: US Census ACS

About

Valid8.com, Inc. is a global leader in feature, conformance, load and security testing for Wireless 5G/4G/3G/Wifi/IoT and Wireline VoIP/PSTN communication networks. Established in 2002, Valid8.com’s rigorous testing suites set a standard for excellence and inspire confidence that products or applications will perform to the highest industry standards. The company's flexible platform can be customized according to the customer’s environment and allows the user to run a variety of tests and modify the software to meet future testing needs.

💳
Credit Cards
Debit Card, Yes
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Price
$
Wheelchair Accessible
Parking, Yes
Categories: Telecommunications Equipment Supplier, Telecommunications Engineer, Computer Security Service, Telecommunications Contractor, Software Company.
ISIC Codes: 4651, 4741, 6190, 7110, 8010.

Market analysis

Earning below its category median in a growing category (Telecommunications Equipment Supplier).

EstimateCategory trend: 2024, +5.1%

Revenue trend (modeled)

~$2.1M2019
~$2.4M2020
~$2.8M2021
~$3.1M2022
~$3.2M2023
~$3.4M2024
Modeled from category averages for the region+10.5%/yr since 201980% confidence band: ±68%

Company profile

Legal formCorporation (out-of-state)
Incorporated2002 (DE)
Employees (reported band)8-17
Facility size~3,000 sq ft
Observed

Property

Lot size0.71 acres
Land use340
ZoningB
CountyMiddlesex
Parcel ownerSIMBOLI ANTHONY C TR
Assessed value$1.8M (land $517.3K)
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$98.2K · 14 jobs reported · implies ~$471.4K annual payroll · $98.8K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Telecommunications Equipment Supplier in Massachusetts102~$2.0B~$21.7M~$5.7M4.7★0.6×

Telecommunications Equipment Supplier in Massachusetts: revenue figures from the 94 of 102 businesses with estimates

Category revenue trend2024: +5.1%2023: +6.3%2022: +8.8%2021: +8.3%Modeled from business-level estimates

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)669~$1.0B~$1.6M~$503.1K3,528~$337.0M6.8×
Wholesale and retail trade; repair of motor vehicles and motorcycles121~$410.4M~$3.4M495
Professional, scientific and technical activities42~$120.1M~$2.9M193
Administrative and support service activities15~$22.7M~$1.5M85
Information and communication8~$3.7M~$466.9K107

1 km area (all businesses): median from the 559 of 669 businesses with estimates

Estimate

Area conditions (01880)

Population27,026 ±55
Median household income$125,707 ±$8,835
Median home value$646,400
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS
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