How did Latka collect this data?
Latka collected this data by interviewing 247 ai CEO Pv Kannan on 07/25/2019
Watch the podcast[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..a customer acquisition and engagement software and services provider
2000
Founded
$306M
2022 Revenue
YOY
$22M
Funding
247 ai Revenue
In 2022, 247 ai revenue run rate hit $306M in revenue.
2019
247 ai hit $306M in revenue in 2019
2016
247 ai hit $300M in revenue in 2016
2015
247 ai hit $250M in revenue in 2015
2013
247 ai hit $200M in revenue in 2013
2010
247 ai hit $100M in revenue in 2010
2003
247 ai hit $30M in revenue in 2003
2000
247 ai launched in 2000 with $0 revenue
247 ai Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2003 Venture Round
247 ai raised a Venture Round of $22M
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
07/24/2003 | Venture Round | $22M |
Team
247 ai has 6248 total employees and 225 sales reps that carry a quota. They have 150 customers an engineering team of 432 and a marketing team of 205
DISTRIBUTION | QTY |
---|---|
Total team size | 6248 |
Engineer | 432(7%) |
Sales | 225(4%) |
Marketing | 205(3%) |
CEO/Founder
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.
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!
Customers
247 ai has 150 customers.
Lifetime Months
120
x
Monthly ARPU
$170K
=
Lifetime Dollar
$20.4M
Acquisition Cost
$2M
Average Annual Price
$2M
Churn
247 ai has an annual churn rate of 10.00%.
Gross Annual Dollar Churn
-10.00%
Annual Dollar Expansion
10.00%
Net Revenue Retention
100.00%
About 247 ai
Monthly Revenue
$25.5M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Frequently Asked Questions about 247 ai
When was 247 ai founded?
247 ai was founded in 2000.
How much revenue does 247 ai generate?
247 ai generates $306M in revenue.
Who is the CEO of 247 ai?
The CEO of 247 ai is Pv Kannan.
How much funding does 247 ai have?
247 ai was raised $22M.
How many employees does 247 ai have?
247 ai has raised 6248 employees.
Where is 247 ai headquarters?
247 ai headquater is at United States