Is Celoxis profitable in 2026?

No audited financials are public. Celoxis has been bootstrapped since founding in 2001 with no institutional venture funding, per data aggregators, suggesting self-sustaining operations, but no confirmed profit or loss figures exist in public sources as of 2026.

Celoxis Technologies Pvt Ltd is privately held, founded in 2001 by Nikhil Daddikar and Ravindra, with the idea conceived in Santa Clara, California in the late 1990s. It has never raised institutional venture funding and has no parent company or acquirer on record.

Could AI replace Celoxis's core product?

Celoxis's core value, Gantt scheduling, dashboards, and status roll-ups, is the exact structured-data task that Microsoft Copilot in Project/Planner and Atlassian's Jira AI are commoditizing. Celoxis responded by launching its own AI assistant, Lex, around June 25, 2025.

What is Celoxis's biggest competitor?

Celoxis competes against much larger PPM vendors: Planview, acquired for $1.6 billion in 2020 by TPG/TA Associates with a new CEO, Matt Zilli, named January 2026, and Planisware, named a Leader in Gartner Magic Quadrant and Forrester Wave rankings as of July 13, 2026.

Does Celoxis have an AI assistant like Copilot?

Yes. Celoxis launched 'Lex,' a conversational AI assistant for natural-language project queries and task automation, marketed heavily starting around June 25, 2025. No partnership with a frontier AI lab like OpenAI or Anthropic has been disclosed.

How much does Celoxis cost?

Celoxis pricing runs roughly $10 to $45 per user per month depending on tier, with a 5-user minimum purchase and named, non-concurrent licenses. It offers both cloud and on-premise deployment, per the company's pricing page.

Enterprise and productivity software · United States

Celoxis

celoxis.com ↗

Bootstrapped project portfolio management software maker from Pune, India, serving small businesses.

Protection under test

Assessed 23 July 2026 · Evidence as of 23 July 2026

Something worth protecting exists and is being tested right now.

On the recordSince 23 July 2026 · Checkable from Q4 2026 · Every call on the record Checkpoint: Next check on web traffic trend and Lex retention data versus Microsoft Copilot in Project

The call

Celoxis keeps a loyal small customer base happy on price and support, while Microsoft and Atlassian ship the AI features that decide where new buyers go.

Celoxis sells software that helps teams schedule work, see progress on dashboards, and forecast timelines. It is becoming hard to compete because Microsoft (which makes Project) and Atlassian (which makes Jira) are adding AI assistants that do the same scheduling and forecasting work automatically, and these big companies can bundle their tools into packages that customers already buy. Celoxis has only 2,800 customers and its website traffic dropped 29 percent recently, which suggests new companies are choosing the bigger competitors instead. The one thing that could turn this around is if Celoxis builds an AI assistant so good and easy to use that existing customers stay and new ones pick it anyway, or if another company buys Celoxis to add it to their product lineup.

Why

AI pressure: Microsoft Copilot in Project, Atlassian Jira AI. Copilot and Jira AI now summarize schedules and flag resource risks natively, the same job Celoxis charges for. Could AI do the core job? Yes, likely.

Bigger players: Microsoft (Project/Planner), Atlassian (Jira), Planview. Bigger vendors bundle AI-enhanced PPM into suites customers already buy, while Celoxis web traffic fell 29% quarter over quarter. Could a giant copy it? Yes, easily.

What protects it. 2,800 paying customers with workflows built into Celoxis stay costly to rip out, at least for now.

What would change this call

Celoxis web traffic trend in next two quarterly reports. shows whether the 29% QoQ demand drop is continuing or reversing.
Whether Celoxis's 3 open roles get filled within a year. indicates if headcount growth is stalling or continuing.
Any announcement of outside funding, investment, or acquisition of Celoxis. would signal a shift away from its bootstrapped, self-funded model.

Key numbers

~$10M estimated annual revenue (2026)
Web traffic down 29% QoQ (mid-2026)
64 employees, 3 open roles (2026-06-19)

Named risks

Core PPM features (scheduling, dashboards, status roll-ups) are being commoditized by Microsoft Copilot and Jira AI. Severity: high
No institutional funding or M&A backing to match R&D pace of Planview, Planisware, Microsoft on AI features. Severity: medium
Reliance on vendor-authored client logos and a paid $25 review incentive program undermines independent evidence of traction. Severity: low
Lex AI assistant has unverified technical provenance and no independently confirmed retention data versus Microsoft Copilot. Severity: medium

Rivals, as read in July 2026

Rival	Direction	Evidence
Microsoft (Project/Planner with Copilot)	gaining on	Copilot embeds AI scheduling/dashboard summarization directly into Project and Planner, 2026
Atlassian (Jira AI)	gaining on	Jira AI ships native AI features contesting same PPM status/reporting workflows, 2026
Planview	losing to	PE-backed since $1.6B acquisition in 2020, new CEO Matt Zilli named January 2026
Planisware	losing to	Named Gartner Magic Quadrant and Forrester Wave Leader in strategic PPM, July 13 2026
Smartsheet	contesting	Celoxis publishes head-to-head competitor comparison content targeting Smartsheet buyers

Questions people ask

Is Celoxis profitable in 2026?: No audited financials are public. Celoxis has been bootstrapped since founding in 2001 with no institutional venture funding, per data aggregators, suggesting self-sustaining operations, but no confirmed profit or loss figures exist in public sources as of 2026.
Who owns Celoxis?: Celoxis Technologies Pvt Ltd is privately held, founded in 2001 by Nikhil Daddikar and Ravindra, with the idea conceived in Santa Clara, California in the late 1990s. It has never raised institutional venture funding and has no parent company or acquirer on record.
Could AI replace Celoxis's core product?: Celoxis's core value, Gantt scheduling, dashboards, and status roll-ups, is the exact structured-data task that Microsoft Copilot in Project/Planner and Atlassian's Jira AI are commoditizing. Celoxis responded by launching its own AI assistant, Lex, around June 25, 2025.
What is Celoxis's biggest competitor?: Celoxis competes against much larger PPM vendors: Planview, acquired for $1.6 billion in 2020 by TPG/TA Associates with a new CEO, Matt Zilli, named January 2026, and Planisware, named a Leader in Gartner Magic Quadrant and Forrester Wave rankings as of July 13, 2026.
Does Celoxis have an AI assistant like Copilot?: Yes. Celoxis launched 'Lex,' a conversational AI assistant for natural-language project queries and task automation, marketed heavily starting around June 25, 2025. No partnership with a frontier AI lab like OpenAI or Anthropic has been disclosed.
How much does Celoxis cost?: Celoxis pricing runs roughly $10 to $45 per user per month depending on tier, with a 5-user minimum purchase and named, non-concurrent licenses. It offers both cloud and on-premise deployment, per the company's pricing page.

Timeline

2026-07-13Planisware named Leader in Gartner Magic Quadrant and Forrester Wave for PPM
2026-04-20Celoxis promotes new Jira connector integration on G2 seller page
2026-01Planview names Matt Zilli as new CEO
2025-06-25Celoxis launches 'Lex' conversational AI assistant for project queries
2024-06-14Market report estimates global PPM software market at $5.7B, growing to $12.9B by 2030
2021Celoxis reportedly launches separate cloud-based test-management product
2020Planview acquired for $1.6B by TPG/TA Associates
2001Celoxis founded in Pune, India, by Nikhil Daddikar and Ravindra

Revision history

23 July 2026

First assessed. Protection under test. The text above is fixed as of this date and is not edited afterwards.

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