24Sevenoffice logo
Founded 1996

24Sevenoffice

2019 Revenue

$15.8M

YOY

32.00%

Funding

$5.0M

Overview

About 24Sevenoffice

Accounting and ERP Software

Monthly Revenue

$1.3M

Total Expenses

$1.3M

=
Net Income

$1.0

Ebidta Margin

0.00%

+
YOY Growth

32.00%

=
Rule of 40

32


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing 24Sevenoffice CEO Stian Rustad on 06/10/2019.

Watch the podcast


Headquarters

200 Chambers Street APT 19E New YorkNew YorkUnited States

24Sevenoffice Revenue vs Funding

$Funding$Revenue

Revenue

In 2019, 24Sevenoffice revenue run rate hit $15.8M in revenue.

$15.8M

Funding History

24Sevenoffice has raised $5.0M.

Funding DateRoundTotalValuation
06/10/2019$5.0M

Customers

24Sevenoffice has 40K customers.

Lifetime Months

171

×
Monthly ARPU

$33.0

=
Lifetime Dollars

$5.7K


Acquisition Cost

$800.0

Average Annual Price

$396.0

$0$396.024 month payback period024681012141618202224

Churn

24Sevenoffice has an annual churn rate of 7%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-7.00%

Annual Dollar Expansion

+7.00%

Net Revenue Retention

100.00%

Team

Employees

24Sevenoffice has 7 employees..

2019
DistributionQty

Other

7

Engineers

0

Quota Carrying

0

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.


CEO Q&A

What's your age?

45

Favorite online tool?

Slack

Favorite book?

Elon Musk Bio

Favorite CEO?

Richard Branson

Advice for 20 year old self

It takes time!


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Frequently Asked Questions about 24Sevenoffice

When was 24Sevenoffice founded?

24Sevenoffice was founded in 1996.


Who is the CEO of 24Sevenoffice?

The CEO of 24Sevenoffice is Stian Rustad


How many employees does 24Sevenoffice have?

24Sevenoffice has 7 employees.

How much revenue does 24Sevenoffice generate?

24Sevenoffice generates $15.8M in revenue.


How much funding does 24Sevenoffice have?

24Sevenoffice has raised $5.0M.


Where is 24Sevenoffice headquarters?

24Sevenoffice is headquartered at 200 Chambers Street APT 19E New YorkNew YorkUnited States

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