Salesforce AppExchange Apps1 Irving Pl, Apt P23D, New YorkFounded 2015CEO Chris Federspiel
Blackthorn.io is a Salesforce-native software company founded in August 2015 by Chris Federspiel, offering two core products: a payments application and an events management application, both built exclusively on the Salesforce platform.
Blackthorn.io's annual recurring revenue passed $20M in February 2026 (LinkedIn). That is up 18% from $16.9M a year earlier. Blackthorn.io is #272 on the Latka Top, level with 13 others. The Latka Top ranks the 1,372 companies Nathan Latka has interviewed by revenue.
| As of | Revenue | Source |
|---|---|---|
| 2015 | $1M | Chris Federspiel on cameraWatch at 3:34 |
| 2019 | $700K | Chris Federspiel on cameraWatch at 1:48 |
| 2020 | $3.6M | Chris Federspiel on cameraWatch at 2:29 |
| Jun 2021 | $4.5M | Chris Federspiel on cameraWatch at 1:30 |
| Nov 2022 | $8.2M | – |
| Mar 2023 | $14M | Chris Federspiel on cameraWatch at 0:04 |
| Oct 2024 | $16.9M | Confirmed by CEO |
| Feb 2026 | $20M |
– source not recorded
Blackthorn.io is privately held, so there is no Blackthorn.io stock to buy. Investors valued it at $50M.
Blackthorn.io has raised $480K across four rounds since 2018. The latest was a $180K Pre-Seed in June 2019.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| Jun 2019 | Pre-Seed | $180K | $8M | – |
| Aug 2018 | Funding round | $50K | – | Chris Federspiel on cameraWatch at 14:33 |
| Aug 2018 | Funding round | $100K | – | Chris Federspiel on cameraWatch at 12:59 |
| Jun 2018 | Funding round | $150K | – | – |
| Total raised | $480K |
Not counted as funding
Nathan Latka has interviewed Blackthorn.io twice, speaking with Chris Federspiel. Each figure links to the second it was said.
Watch: How Blackthorn.io Reached $14M ARR with 630 Customers Across Payments and Events on Salesforce (Talk by Founder and CEO Chris Federspiel)March 2023 · Chris Federspiel, Founder and CEO
Watch: How Blackthorn.io Reached $4.5M ARR and 300 Customers Serving the Salesforce Ecosystem (Interview with Chris Federspiel)June 2021 · Chris Federspiel, Founder and CEO
Growth tactics they described: Affiliate MarketingWatch at 7:54Value-Added ResellersWatch at 8:21
Blackthorn.io competes most directly with Hubilo and Eventtia.
| Company | Revenue | Funding | Employees | Founded |
|---|---|---|---|---|
 Hubilo | $97M | $153M | 149 | 2020 |
| Blackthorn.io | $20M | $480K | 96 | 2015 |
 Eventtia | $5.8M | – | 61 | 2014 |
#24 of 152 Salesforce AppExchange Apps companies by revenue · category median $5.4M · See the ranking
Chris Federspiel founded Blackthorn.io in 2015 and runs it as CEO. Blackthorn.io has 96 employees (October 2024, LinkedIn).
Also at Blackthorn.ioHeather Andrews, Andrea Adcock, Jared Kirk, Adan Santos, Fabeha Malik, Victor Omolayo, Derek Espiritu, Alejandro Spinelli, Michael McDonnell, Emily Julian Powers, Scott Bush, Rhuan Caetano, Andrew Franks, Michael Muhlfelder, Alexandr Klachko, Katie Campbell, Accounting Blackthorn, Ian Hill, Jack Fletcher, Edward E. Hunnicutt, Grace Boboye, Patrick Dotter, Brett Bazille, Chris LaMotte, Noah Merriken, Samuel Rizzon, Nathan Gonzalez, Terri Corado, Alexandru Nita, Brandon Brock, Jake Rauscher, Amber Lenz, Kayla Hager, Ryan O'Leary, Adam Kebeck, Haley Harnisch, Alix Dailey (Tydings), Danny Thornton, Jonelle Nowak ✨, Elisabeth Wrede, Esteban Silva, Jason Gannon, Nate Benedict, Jillian F., Brian Russe, Purna Virji, Sheralyn T. (Catoggio) Felix, Hollis Cooper
Formerly at Blackthorn.ioMatthew Seeger
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 96 | |
| Mar 2023 | 105 | Chris Federspiel on cameraWatch at 0:04 |
| Dec 2022 | 68 | – |
| Nov 2022 | 68 | – |
| 2022 | 75 | – |
| 2022 | 80 | – |
| Jun 2021 | 40 | Chris Federspiel on cameraWatch at 16:39 |
| Jun 2018 | 7 | – |
Blackthorn.io brings in about $20M a year: its annual recurring revenue was $20M in February 2026, according to LinkedIn.
Companies don't publish a net worth. The closest figure is Blackthorn.io's valuation: $50M.
Blackthorn.io is privately held by its founders, employees and investors.
No. Blackthorn.io is a private company, so its shares are not listed on a stock exchange.
$480K across 4 rounds; the latest was a $180K Pre-Seed in June 2019.
Chris Federspiel, a co-founder.
Chris Federspiel, in 2015.
About 96 as of October 2024 (LinkedIn).
25 said on camera · 3 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.
Updated Oct 5, 2026Data disclaimerReport a correctionClaim this profile
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