The Max Paltsev most credibly tied to a net worth search is a U.S.-based tech entrepreneur, the founder and longtime CEO of Service Fusion (legally FSM Technologies, LLC), a field service management SaaS platform headquartered in the Dallas-Fort Worth area of Texas. Based on available funding disclosures, company scale indicators, and comparable founder equity benchmarks, a reasonable estimate for his personal net worth sits in the range of $5 million to $20 million as of mid-2026, with the wide band reflecting the deep uncertainty that comes with any private-company founder whose equity has not been tested by a public exit or disclosed acquisition.
Max Paltsev Net Worth: Who He Is and Estimate Breakdown
Dmitri Volkov
2 Jul 2026
Who is Max Paltsev? Getting the identity right first
Before trusting any dollar figure, you need to be sure you have the right person. The name Max Paltsev (Макс Пальцев in Russian) is not uniquely famous, and at least two distinct individuals surface in public records under close transliterations of that name. The first, and by far the more documented, is the American-resident tech founder described throughout this profile. The second is a person listed in a Russian people-directory record tied to Mendeleyevo, Moscow Oblast, with a birth date of February 25, 1987, and the handle @paltsev_ma, a profile that carries essentially no verifiable business or financial footprint and almost certainly is not the person driving the net worth search. For readers arriving from a post-Soviet context, the disambiguation matters: there is no strong evidence connecting the U.S. entrepreneur Max Paltsev to Russian oligarch circles, Ukrainian business networks, or the post-Soviet entertainment and sports industries that this site typically covers. His story is that of a founder-operator building enterprise software in Texas, not a Kremlin-adjacent billionaire.
What we know about the U.S.-based Max Paltsev is specific and cross-verified. He founded Service Fusion in late 2014. By July 2018, he was named President and CEO on an SEC Form D filing for FSM Technologies, LLC, the parent entity of Service Fusion, at a registered address of 85 Village Lane, Suite 300, Colleyville, TX. Dun & Bradstreet independently lists him as the key principal of the same entity. PR Newswire releases from May and October 2020 quote him directly as CEO. A Dealroom company profile notes a leadership transition around January 2023 in which Paltsev moved to a President role as a new CEO was appointed, suggesting he stepped back from day-to-day operations while retaining a meaningful stake in the business.
One additional data point worth noting: a 1851 Franchise article references a "Filta franchise owner Max Paltsev" operating in the Dallas-Fort Worth region. Filta is an environmental services franchise focused on commercial kitchen oil filtration. If this is the same individual, it suggests a portfolio approach to entrepreneurship beyond Service Fusion, a small but telling detail about how he may spread and build capital outside a single company.
Why people search for his net worth
The search volume for "Max Paltsev net worth" comes from a few overlapping audiences. Journalists and analysts researching the field service management software market want to understand who founded and financially controls Service Fusion, especially given the company's visible growth trajectory and its 2020 recognition as a top-5 company on a Fast Tech list. Investors evaluating the SaaS space look at founder equity and funding history to gauge deal quality. And given the name's Slavic origin, some searchers are clearly coming from post-Soviet business intelligence contexts, trying to understand whether Paltsev is a figure of regional economic or political significance. The honest answer to that last question is: not in the way this site typically profiles wealth. But the underlying curiosity is valid, and the U.S.-based founder story is genuinely interesting on its own terms. Sergey Karjakin net worth estimates are often built from similar public and semi-public signals, but his situation differs from this SaaS founder profile.
The headline number and what drives it
The estimated net worth range of $5 million to $20 million is built primarily on two inputs: the equity stake Paltsev likely holds in Service Fusion as its founder, and a conservative valuation multiple applied to the company given its funding stage and market. Service Fusion raised at least $10 million in a Series A round in 2018 (the amount is confirmed across SEC filings, FinSMEs, and the Gaebler venture database). At a typical Series A, a founder who has not taken large earlier dilutive rounds might retain somewhere between 30% and 60% of the company. If Service Fusion's post-money valuation at the Series A was in the $30M to $60M range, a plausible assumption for a SaaS company raising $10M at that stage, a founder stake in that equity bracket would be worth roughly $9M to $36M on paper at the time of the round. By mid-2026, the actual realized value depends entirely on whether the company has been acquired, raised further rounds at higher or lower valuations, or remains privately held with no liquidity event.
There is no public record of a Service Fusion acquisition or IPO as of the time of writing. Without a liquidity event, the equity value is theoretical. Applying a discount for illiquidity and uncertainty, along with modest personal assets such as the Tarrant County, TX property on public record, brings the working estimate to the $5M to $20M range. This is a wide band deliberately, inflating precision here would be misleading.
Where the money comes from: a breakdown
Service Fusion equity (primary wealth driver)
The dominant component of any Paltsev net worth estimate is his founder equity in FSM Technologies, LLC (Service Fusion). He built the company from a 2014 founding, raised at least $10 million, and led it through a period of growth significant enough to land it on a regional fast-growth tech recognition list in 2020. Founder equity in a private SaaS company of this scale and vintage is the kind of asset that looks great on paper but only converts to real wealth at a sale, secondary transaction, or IPO. As of mid-2026, none of those liquidity events are publicly confirmed.
Executive compensation (ongoing income)
As CEO and later President of a venture-backed SaaS company with meaningful customer scale, Paltsev would have drawn a market-rate executive salary. For a company of Service Fusion's size in the Texas tech market, CEO compensation in the $150,000 to $350,000 per year range is typical. This provides a steady personal income base but is not the kind of number that by itself builds a multi-million-dollar net worth quickly, especially after taxes and the cost of living in the DFW area.
Franchise and ancillary business interests
The Filta franchise reference is small in scale but worth including. Environmental services franchises in the DFW market generate modest revenue streams, typically six figures annually rather than millions, but they represent real operating income and a diversification instinct consistent with someone managing a personal wealth portfolio beyond a single company bet.
Real estate
A Tarrant County, TX property record in the name of PALTSEV MAX exists in public appraisal district records. Tarrant County covers the Fort Worth area, consistent with the Colleyville business address. Without the full appraisal PDF, the exact valuation is not confirmed, but residential property in the Colleyville-area zip codes typically appraises in the $400,000 to $1.5 million range. This is a real but secondary component of total net worth.
How the estimate is built: methodology and honest gaps
Constructing a net worth estimate for a private-company founder without a disclosed exit requires working from the outside in. The approach used here chains together several data sources, each with its own reliability level.
| Data Source | What It Tells Us | Reliability |
|---|---|---|
| SEC Form D (2018) | Confirms Max Paltsev as President/CEO of FSM Technologies, LLC; confirms $10M raise | High — primary government filing |
| PR Newswire releases (2020) | Confirms ongoing CEO role and company activity post-funding | High — direct corporate communications |
| Dun & Bradstreet | Independent confirmation of key principal identity | Medium-High — commercial registry |
| Dealroom company profile | Leadership transition to President role (~Jan 2023) | Medium — secondary aggregator |
| Tarrant County property record | Real estate asset in his name | Medium — public record, valuation unconfirmed |
| 1851 Franchise article | Possible Filta franchise ownership in DFW | Medium-Low — single source, no financial detail |
| Gaebler/FinSMEs funding profiles | Corroborate the $10M Series A figure | Medium — secondary aggregators |
| Russian people-directory record | Different individual; no financial relevance | Low — no cross-verification |
The biggest gap in this estimate is that no acquisition price, secondary share sale, or IPO valuation for Service Fusion has been made public. That means the equity component, which is the largest single driver, is calculated from assumptions about post-money valuation at the 2018 Series A, founder dilution, and subsequent company performance. All three of those inputs are estimated, not confirmed. Anyone claiming a precise figure for Paltsev's net worth without disclosing those assumptions is overstating their certainty. If you are also looking for a broader answer to the richest chess player net worth question, compare how widely reported income and assets are for top professionals versus private individuals.
What this wealth profile says about the SaaS founder landscape
Max Paltsev's profile is a useful case study in a specific type of wealth: the mid-market SaaS founder who builds something real, raises institutional capital, grows a company to meaningful scale, but whose personal financial outcome remains opaque because no public liquidity event has occurred. This is actually the most common wealth profile in the American startup ecosystem, and it is radically different from the billionaire-or-bust narratives that dominate tech media. A founder in his position almost certainly has paper wealth that makes him comfortably affluent by any reasonable standard, but whether that translates into confirmed liquid wealth depends on deal outcomes that have not yet been made public.
For context, this site's profiles of post-Soviet figures like chess grandmaster Sergey Karjakin or violin virtuoso Maxim Vengerov involve wealth that is tied to entirely different mechanisms: prize money, performance fees, endorsements, and in some cases state patronage or politically connected business ventures. Maxim Vengerov net worth is often discussed in relation to his earnings and public financial disclosures tied to his career. Paltsev's wealth story, rooted in venture-backed B2B software, is structurally distinct from those narratives. The Slavic surname is the connection to this site's regional focus, but the economic story is squarely within the American tech founder playbook.
How to verify or update this estimate yourself
If you want to stress-test or refresh this number, here is a practical checklist of sources to check in order of likely usefulness.
- Search the SEC EDGAR full-text system (efts.sec.gov) for "FSM Technologies" or "Service Fusion" to find any new Form D filings, which would update the known funding total and potentially signal valuation changes.
- Check Crunchbase and Dealroom for any new funding rounds, acquisition announcements, or investor entries for Service Fusion — both platforms update within days of public deal announcements.
- Search the Tarrant County Appraisal District website (tad.org) directly using the name PALTSEV MAX to get the current appraised value of the property on record.
- Run a Texas Secretary of State business search for FSM Technologies LLC or any entity name associated with Paltsev to find additional registered businesses, ownership changes, or dissolution filings.
- Search PR Newswire and BusinessWire for recent Service Fusion press releases — any announcement of a merger, acquisition, or growth milestone will provide a fresh valuation anchor.
- Check LinkedIn for Max Paltsev's current role title — a change from President to Founder/Advisor can signal a completed acquisition where an NDA prevents direct announcement.
- For the Filta franchise angle, search the 1851 Franchise database and the Filta Group's own franchise directory for current DFW ownership listings.
- If you find an acquisition, search the acquiring company's investor relations filings or press releases for deal terms — SaaS acquisitions often quote ARR multiples that let you back-calculate the implied equity value.
The most important update signal to watch for is any confirmed exit for Service Fusion. That single event would either confirm the equity value estimate, revise it significantly upward, or in a down-round scenario, compress it. Until that information is public, the $5M to $20M range is the most defensible working estimate available from open sources as of July 2026. If you are specifically searching for Max Karpenko net worth, the same concept applies: you generally need verifiable exit or public filings to move from guesses to an estimate.
FAQ
How can I tell whether the “max paltsev net worth” results are referring to the same person behind Service Fusion?
Focus on cross-matching company identifiers rather than names, including the FSM Technologies entity details, the Colleyville, Texas address shown on filings, and leadership quotes tied to Service Fusion. If a result lacks those anchors, treat it as likely a different individual with a similar name.
Why is there such a wide range (like $5M to $20M) for max paltsev net worth?
Because the largest asset is private-company equity, and without an IPO, acquisition price, or secondary sale, you cannot verify the valuation. The estimate depends on assumed founder dilution and post-money valuation from the Series A, then you apply a discount for illiquidity.
Would a high salary as CEO significantly increase max paltsev net worth?
It contributes to ongoing cash accumulation, but it usually will not dominate a multi-million-dollar figure for a venture-backed founder. The model still mostly hinges on equity value, while salary impact is typically reduced further by taxes and living costs.
What would change the estimate the fastest if I update it in the future?
Any confirmed liquidity event for Service Fusion, such as an acquisition, IPO, or a documented secondary transaction. A later fundraise can also move the implied equity value, especially if it happens at materially higher or lower valuations than the Series A.
If Service Fusion raises another round after 2020, does that automatically mean max paltsev net worth is higher?
Not necessarily. A new round at a higher valuation can increase the theoretical value, but dilution and potential investor preferences can offset that. You would need to compare the new post-money valuation, financing terms, and whether the founder’s ownership percentage changed meaningfully.
Can private founders have “paper wealth” that never turns into real money?
Yes. Without liquidity, equity is largely theoretical, even if the company looks successful. In practice, net worth becomes “real” once there is an exit, a sale of shares, or another event that converts equity into cash or easily valued assets.
Why does the property mention matter, and should I include it fully in net worth?
It matters as a secondary asset component, but residential property value depends on appraisal, remaining mortgage balance, and ownership structure. To avoid overstatement, net worth should generally reflect estimated equity (property value minus any outstanding loans), not just the gross appraisal range.
Is the Filta franchise reference likely a major driver of max paltsev net worth?
Usually it is not the primary driver. Franchise businesses in that category are often modest relative to SaaS founder equity, so at most it may add smaller operating income and diversification, unless there is evidence of unusually large scale or multiple locations under a holding structure.
How reliable are estimates for max paltsev net worth from public web posts?
They are often weak when they present a single precise number without explaining assumptions about valuation, dilution, and liquidity. If a source does not clearly state what exit or filing supports the equity valuation, treat it as speculative and widen confidence intervals.
What should I check about company structure when estimating a founder’s net worth?
Verify whether the equity is held directly in the LLC entity (FSM Technologies) or through a separate holding company, and check whether the founder is tied to the same entity across filings and leadership references. Ownership can shift through restructures, affecting what equity you can reasonably value.
Could “max paltsev” searches accidentally mix in unrelated industries or countries?
Yes. Similar names appear in different jurisdictions and contexts, which can lead to wildly different narratives. The safest approach is to only use sources that tie the name to the specific Service Fusion leadership and the Texas entity records mentioned in the profile.
