Advance Systems logo
Founded 1984

Advance Systems

2021 Revenue

$4.4M

YOY

Funding

$0.0

How Advance Systems hit $4.4M in Revenue.

About Advance Systems

Provider of cloud-based workforce management systems designed to optimize business operations. The company's innovative workforce management software has been created by installing custom-built time & attendance features, enabling enterprise and mid-sized organizations to accurately capture real-time employee hours, optimize staff scheduling and simplify absence management processes.

Monthly Revenue

$367.9K

Total Expenses

$367.9K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

BostonMassachusettsUnited States
$Funding$Revenue

Advance Systems Revenue

In 2021, Advance Systems revenue run rate hit $4.4M in revenue.

$4.4M

Advance Systems Valuation and Funding History

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

Customers

Advance Systems has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Advance Systems has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Advance Systems has 90 employees. They have 8 sales reps that carry a quota They have an engineering team of 13. and a marketing team of 7.

2021
DistributionQty

Total Team Size

90

Engineers

13 (14%)

Sales

8 (9%)

Marketing

7 (8%)

CEO/Founder

Matthew Jenkins

Matthew Jenkins is the Chief Executive Officer at Mitrefinch Ltd. Prior he have had several roles at MHR including Chief Executive Officer. He was also a Project Manager at Heartlands NHS Foundation Trust.


CEO Q&A

What's your age?

-

Favorite online tool?

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Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

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Frequently Asked Questions about Advance Systems

When was Advance Systems founded?

Advance Systems was founded in 1984.


Who is the CEO of Advance Systems?

The CEO of Advance Systems is Matthew Jenkins


How many employees does Advance Systems have?

Advance Systems has 90 employees.

How much revenue does Advance Systems generate?

Advance Systems generates $4.4M in revenue.


How much funding does Advance Systems have?

Advance Systems has raised $0.0.


Where is Advance Systems headquarters?

Advance Systems is headquartered at BostonMassachusettsUnited States

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