Agiloft revenue hit $52.1M in 2023

Agiloft generates revenue from 1500 customers


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Latka collected this data by interviewing Agiloft CEO Colin Earl on Sep 1, 2021

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Agiloft

Agiloft

460-Seaport Court, Redwood City, California, 94063, United States

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How Agiloft hit $52.1M revenue and 1.5K customers in 2023.

Agiloft is a leading provider of highly customizable business software applications. Their no-code platform enables organizations to easily build and manage a wide range of applications, from IT Service Management and Contract Management to Quality Management and Customer Support. With a focus on flexibility and scalability, Agiloft empowers businesses to automate processes, streamline workflows, and improve overall efficiency.

Founded

1991

Founded

Revenue

$52.1M

2023 Revenue

YOY
22.36%

YOY

Funding

$45M

Funding


Agiloft Revenue

In 2023, Agiloft revenue run rate hit $52.1M in revenue.

  • 2023

    Agiloft hit $52.1M in revenue in 2023

  • 2021

    Agiloft hit $36M in revenue in 2021

  • 2017

    Agiloft hit $20M in revenue in 2017

  • 2005

    Agiloft hit $10M in revenue in 2005

  • 2001

    Agiloft hit $1M in revenue in 2001

  • 1991

    Agiloft launched in 1991 with $0 revenue


Agiloft Funding History

  • 2020 Private Equity Round

    Agiloft raised a Private Equity Round of $45M in August, 2020

FUNDING DATE ROUND AMOUNT VALUATION
August, 17 2020 Private Equity Round $45M -

Team

Agiloft has 261 total employees and 35 sales reps that carry a quota. They have 1,500 customers an engineering team of 52 and a marketing team of 4.

DISTRIBUTION QTY
Total team size
261
Engineer
52(20%)
Sales
35(13%)
Marketing
4(2%)

Founder / CEO

Colin Earl

Colin Earl is a software industry veteran with 25 years of experience as a developer, product manager, and CIO. Colin worked at IBM, General Electric, and three start-ups before founding Agiloft. Agiloft is a leader in Contract Lifecyle Management and is featured in the Gartner Magic Quadrant.

Q&A

What's your age?

59

Favorite online tool?

None

Favorite book?

Tipping Point

Favorite CEO?

Reed Hastings

Advice for 20 year old self

-


Customers

Agiloft has 1.5K customers.

Lifetime Months

100

x

Monthly ARPU

$2.9K

=

Lifetime Dollar

$166.7K

Acquisition Cost

$6K

Average Annual Price

$34.7K


Churn

Agiloft has an annual churn rate of 12%.

Gross Annual Dollar Churn

-12%

Annual Dollar Expansion

0%

Net Revenue Retention

100%


Agiloft Executives

Name Position Working Email Personal Email
Colin Earl CEO colin.earl@agiloft.com -

Agiloft Employees

Name Position Working Email Personal Email
Colin Earl CEO colin.earl@agiloft.com -

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Frequently Asked Questions about Agiloft

When was Agiloft founded?

Agiloft was founded in 1991.

How much revenue does Agiloft generate?

Agiloft generates $52.1M in revenue.

Who is the CEO of Agiloft?

The CEO of Agiloft is Colin Earl.

How much funding does Agiloft have?

Agiloft raised $45M.

How many employees does Agiloft have?

Agiloft has 261 employees.

Where is Agiloft headquarters?

Agiloft is headquartered at 460-Seaport Court, Redwood City, California, 94063, United States