Developer of a leave management software designed to efficiently and compliantly manage FMLA and leave of absence programs. The company's software offers features such as compliance for FMLA and all state leave laws, compliance for all federal and state military leaves, calculation of leave eligibility and entitlement, real-time calculation of time used and time remaining, automation of workflow, tasks and reminders, easy entry and upload of employee data and others, enabling companies to manage accommodations and ADA, FMLA and other leaves of absence, easily, efficiently, compliantly and cost effectively.
2013
Founded
$5.9M
2022 Revenue
YOY
Funding
AbsenceSoft Revenue
In 2022, AbsenceSoft revenue run rate hit $5.9M in revenue.
2021
AbsenceSoft hit $5.9M in revenue in 2021
2013
AbsenceSoft launched in 2013 with $0 revenue
AbsenceSoft Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
FUNDING DATE | ROUND | AMOUNT | VALUATION |
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Team
AbsenceSoft has 70 total employees and 3 sales reps that carry a quota.
DISTRIBUTION | QTY |
---|---|
Total team size | 70 |
Engineer | 14(20%) |
Sales | 3(4%) |
Marketing | 1(1%) |
CEO/Founder
A highly accomplished 30-year software/SaaS veteran, John has broad experience in strategy, sales and marketing, operations, and general management. Responsible for the growth and overall success of the company, John oversees all aspects of the business. He works to define the overall culture of AbsenceSoft, guides product and partnership strategies for the company and is a member of AbsenceSoft’s Board of Directors. Previously to AbsenceSoft, John has been a valuable executive team member to many high growth, B2B SaaS companies. Most recently, John led TrackVia, a leading low code workflow platform, in their go-to-market transformation that concluded with a successful sale to Primus Capital. John has also led successful growth initiatives at PowerPlan, an enterprise software company adding value to Investor-owned utilities, and Profitlogic, who pioneered predictive analytics into retail operations and is now a core part of Oracle’s retail business unit. John started his career in supply chain, working for high growth, market-leading companies Manugistics and i2 Technologies. John has an Electrical Engineering degree from Duke University and an MBA from the University of Maryland.
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Customers
AbsenceSoft has 0 customers.
Lifetime Months
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x
Monthly ARPU
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Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
AbsenceSoft has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About AbsenceSoft
Monthly Revenue
$490K
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Total Expenses
$0.0
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Net Income
$0.0
EBIDTA Margin
0.0%
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YOY Growth
0.0%
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Rule of 40
0
AbsenceSoft Board of Directors
Name | Position |
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AbsenceSoft Executives
Name | Position |
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John Huettel | CEO |
AbsenceSoft Employees
Name | Position |
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John Huettel | CEO |
Frequently Asked Questions about AbsenceSoft
When was AbsenceSoft founded?
AbsenceSoft was founded in 2013.
How much revenue does AbsenceSoft generate?
AbsenceSoft generates $5.9M in revenue.
Who is the CEO of AbsenceSoft?
The CEO of AbsenceSoft is John Huettel.
How much funding does AbsenceSoft have?
AbsenceSoft was raised $0.
How many employees does AbsenceSoft have?
AbsenceSoft has raised 70 employees.
Where is AbsenceSoft headquarters?
AbsenceSoft headquater is at United States