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24Sevenoffice revenue is $10.8 million

24Sevenoffice team size is 103 employees


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24Sevenoffice

200 Chamber St- Apt 19

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How 24Sevenoffice hit $10.8M Revenue with 40K customers in 2022.

Accounting and ERP Software

Founded

1997

Founded

Revenue

$10.8M

2022 Revenue

YOY
-----

YOY

Funding

$341.3M

Funding


24Sevenoffice Revenue

In 2022, 24Sevenoffice revenue run rate hit $10.8M in revenue.

  • 2022

    24Sevenoffice hit $10.8M in revenue in 2022

  • 2019

    24Sevenoffice hit $15.8M in revenue in 2019

  • 1997

    24Sevenoffice launched in 1997 with $0 revenue

-32.00% ▼$15.8M$10.8M

24Sevenoffice Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2022 Post-IPO Equity

    24Sevenoffice raised a Post-IPO Equity of $329.5M

  • 2020 Post-IPO Equity

    24Sevenoffice raised a Post-IPO Equity of $11.8M

FUNDING DATEROUNDAMOUNTVALUATION
03/30/2022 Post-IPO Equity $329.5M
05/27/2020 Post-IPO Equity $11.8M

Team

24Sevenoffice has 103 total employees and 19 sales reps that carry a quota. They have 40000 customers an engineering team of 18 and a marketing team of 4

20192020202214▲1K▲
DISTRIBUTIONQTY
Total team size
103
Engineer
18(17%)
Sales
19(18%)
Marketing
4(4%)

CEO/Founder

Stian Rustad

24SevenOffice is a cloud-based Accounting and ERP system for small and midsized businesses. Our software has been developed since 1997 and today our software is used by more than 40,000 businesses. 24SevenOffice has a wide range of powerful and comprehensive modules to run your business operations. Accounting, CRM, Project Management & Time Tracking, Invoicing, Reporting, E-mail etc.

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Customers

24Sevenoffice has 40K customers.

Lifetime Months

172

x

Monthly ARPU

$33

=

Lifetime Dollar

$5.7K

Acquisition Cost

$800

Average Annual Price

$396

$0$39624 month payback period024681012141618202224
$0$39624 month payback period024681012141618202224

Churn

24Sevenoffice has an annual churn rate of 7.00%.

-100-500%50100

Gross Annual Dollar Churn

-7.00%

Annual Dollar Expansion

7.00%

Net Revenue Retention

100.00%


About 24Sevenoffice

Monthly Revenue

$901.3K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


24Sevenoffice Board of Directors

NamePosition

24Sevenoffice Executives

NamePosition
Stian Rustad CEO

24Sevenoffice Employees

NamePosition
Stian Rustad CEO

Frequently Asked Questions about 24Sevenoffice

When was 24Sevenoffice founded?

24Sevenoffice was founded in 1997.

How much revenue does 24Sevenoffice generate?

24Sevenoffice generates $10.8M in revenue.

Who is the CEO of 24Sevenoffice?

The CEO of 24Sevenoffice is Stian Rustad.

How much funding does 24Sevenoffice have?

24Sevenoffice was raised $341.3M.

How many employees does 24Sevenoffice have?

24Sevenoffice has raised 103 employees.

Where is 24Sevenoffice headquarters?

24Sevenoffice headquater is at United States