247 logo
Founded 2000

247

 
2019 Revenue

$306.0M

YOY

Funding

$20.0M

Overview

About 247

[24]7.ai is redefining the way companies interact with consumers. We help businesses attract and retain customers, and make it possible to create a personalized, predictive and effortless customer experience.

Monthly Revenue

$25.5M

Total Expenses

$23.0M

=
Net Income

$2.5M

Ebidta Margin

0%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing 247 CEO PV Kannan on 07/25/2019.

Watch the podcast


Headquarters

2001 Logic Drive San JoseCaliforniaUnited States
Website

247.ai

247 Revenue vs Funding

$Funding$Revenue

Revenue

In 2019, 247 revenue run rate hit $306.0M in revenue.

$306.0M

Funding History

247 has raised $20.0M.

Funding DateRoundTotalValuation
07/25/2019$20.0M

Customers

247 has 150 customers.

Lifetime Months

120

×
Monthly ARPU

$170.0K

=
Lifetime Dollars

$20.4M


Acquisition Cost

$2.0M

Average Annual Price

$2.0M

$0$2.0M12 month payback period024681012

Churn

247 has an annual churn rate of 10%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-10%

Annual Dollar Expansion

+10%

Net Revenue Retention

100%

Team

Employees

247 has 800 employees..

8002019
DistributionQty

All

800

Engineers

0

Quota Carrying

0

CEO/Founder

PV Kannan

PV kannan is the Co-founder and Chief Executive Officer of [24]7.ai, and has been leading the revolution to make customer service easy and enjoyable for consumers.


CEO Q&A

What's your age?

52

Favorite online tool?

Slack

Favorite book?

Innovators Dilemma

Favorite CEO?

Jeff Bezos

Advice for 20 year old self

Have courage dont delay!


Frequently Asked Questions about 247

When was 247 founded?

247 was founded in 2000.


Who is the CEO of 247?

The CEO of 247 is PV Kannan


How many employees does 247 have?

247 has 800 employees.

How much revenue does 247 generate?

247 generates $306.0M in revenue.


How much funding does 247 have?

247 has raised $20.0M.


Where is 247 headquarters?

247 is headquartered at 2001 Logic Drive San JoseCaliforniaUnited States

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