ABUKAI is revolutionizing how companies conduct business by providing ACTIONABLE BUSINESS PRODUCTIVITY™ solutions, which are based on new business thinking and supported by the latest technology. ABUKAI designs and delivers innovative solutions that significantly improve productivity for companies and their employees, while rapidly delivering ROI. Through its break-through, patented technology, ABUKAI Expenses drastically reduces the time and effort required to complete expense reports and increases reporting accuracy. ABUKAI has users at over 40% of Global 500 corporations, and over 50% of the Top 100 Brand companies. ABUKAI Expenses was awarded the Editors’ Choice Award by PC Magazine, and named one of the Top 20 Cloud Services. ABUKAI Expenses was also named “Instagram for Expense Reporting†by Wireless Week, one of the 6 best mobile applications for small business by Staples, and one of the top 5 finance applications by NASDAQ. ABUKAI Expenses has been ranked the #1 grossing app f
2010
Founded
$2M
2022 Revenue
YOY
Funding
Abukai Revenue
In 2022, Abukai revenue run rate hit $2M in revenue.
2021
Abukai hit $2M in revenue in 2021
2010
Abukai launched in 2010 with $0 revenue
Abukai 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
Abukai has 24 total employees and 6 sales reps that carry a quota.
DISTRIBUTION | QTY |
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Total team size | 24 |
Engineer | 3(13%) |
Sales | 6(25%) |
Marketing | 0(0%) |
CEO/Founder
Philipp Schloter is President & CEO of Abukai, Inc., a supplier of business productivity solutions. ABUKAI has users at over 40% of Global 500 corporations. ABUKAI Expenses was awarded the Editors’ Choice Award, and named one of the Top 20 Cloud Services by PC Magazine. ABUKAI Expenses was also named “Instagram for Expense Reporting” byWireless Week, and one of the top 5 finance applications by NASDAQ. ABUKAI Expenses has been ranked the #1 grossing app for finance by Apple. Before ABUKAI, Philipp held the position of General Manager at Nokia, leading a growth business unit. He led teams in the US, UK, Finland and Singapore, and also established a new San Francisco office. He led the acquired business from gaining momentum and traction with consumers in over 150 countries to the integration into the core business as a key strategic cornerstone for Nokia's service push. Under his leadership, his team launched a Wall Street Journal Innovation Award-winning service. Philipp also initiated several key partnerships, resulting in a Stevie Award for "Marketing Campaign of the Year," and a Digital Emmy Nomination. Before Nokia, Philipp was Chief Executive Officer of PIXTO, which he successfully sold to Nokia. Previously, Philipp served as a Senior Consultant, and later, Head of Product and Service Innovation, at the Silicon Valley office of Deutsche Telekom's management consulting arm. There, he built a strategy consulting team, which sold services to captive and non-captive executive clients. Philipp's group successfully established a cross-divisional program for Deutsche Telekom to source, evaluate and transfer new products and services across North America, Israel and Asia, leading to several successful investments by DT's venture arm. Philipp also acted as a strategic adviser to Microsoft's corporate strategy group and earlier served as a Worldwide Product Manager for Windows Server at Microsoft. Philipp attended Stanford University, where he earned a BA in Economics, BS in Computer Science and MS in Electrical Engineering. He also completed an executive program for marketing & leadership at the Kellogg School of Management.
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Customers
Abukai has 0 customers.
Lifetime Months
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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
Abukai 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 Abukai
Monthly Revenue
$168K
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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
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Abukai Board of Directors
Name | Position |
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Abukai Executives
Name | Position |
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Philipp Schloter | CEO |
Abukai Employees
Name | Position |
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Philipp Schloter | CEO |
Frequently Asked Questions about Abukai
When was Abukai founded?
Abukai was founded in 2010.
How much revenue does Abukai generate?
Abukai generates $2M in revenue.
Who is the CEO of Abukai?
The CEO of Abukai is Philipp Schloter.
How much funding does Abukai have?
Abukai was raised $0.
How many employees does Abukai have?
Abukai has raised 24 employees.
Where is Abukai headquarters?
Abukai headquater is at United States