2020 Revenue

$1.0M

YOY

108.33%

Funding

$13.6M

How Boardable hit $1.0M in Revenue with 1K Customers in 2020.

About Boardable

Nonprofit board engagement platform|Boardable makes software for nonprofits to boost board member engagement and streamline remote collaboration

Monthly Revenue

$83.3K

+ $43.3K (108.33%)
Total Expenses

$83.3K

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

108.33%

=
Rule of 40

108


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Boardable CEO Jeb Banner on 12/02/2020

Watch the podcast


Headquarters

11313 USA Parkway IndianaUnited States
$Funding$Revenue

Boardable Revenue

In 2020, Boardable revenue run rate hit $1.0M in revenue.

108.00%▲$480.0K$1.0M

Boardable Valuation and Funding History

Boardable has raised a total of $13.6M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
12/02/2020$8.0M
11/14/2019$3.0M
04/25/2019$1.0M
08/24/2017$365.0K
08/24/2017$365.0K
01/13/2017$446.3K
01/13/2017$196.3K
01/13/2017$196.3K
12/30/2016$25.0K
12/30/2016$25.0K

Customers

Boardable has 1K customers.

Lifetime Months

50

×
Monthly ARPU

$100.0

=
Lifetime Dollars

$5.0K


Acquisition Cost

$700.0

Average Annual Price

$1.2K

$0$1.2K7 month payback period024681012

Churn

Boardable has an annual churn rate of 24.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-24.00%

Annual Dollar Expansion

24.00%

Net Revenue Retention

100.00%

Team

Employees

Boardable has 34 employees. They have 4 sales reps that carry a quota, an engineering team of 2 and a marketing team of 8.

20192020158.00%▲
DistributionQty

Total Team Size

34

Engineers

2 (6%)

Sales

4 (12%)

Marketing

8 (24%)

CEO/Founder

Jeb Banner

Jeb is the founder and CEO of Boardable, a nonprofit board management software provider. He is also the founder of two nonprofits, The Speak Easy and Musical Family Tree, as well as a board member of United Way of Central Indiana and ProAct. Jeb is based in Indianapolis, Indiana.


CEO Q&A

What's your age?

47

Favorite online tool?

Google sheets

Favorite book?

The Advantage

Favorite CEO?

Max Yoder

Advice for 20 year old self

More confident


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Frequently Asked Questions about Boardable

When was Boardable founded?

Boardable was founded in 2017.


Who is the CEO of Boardable?

The CEO of Boardable is Jeb Banner


How many employees does Boardable have?

Boardable has 34 employees.

How much revenue does Boardable generate?

Boardable generates $1.0M in revenue.


How much funding does Boardable have?

Boardable has raised $13.6M.


Where is Boardable headquarters?

Boardable is headquartered at 11313 USA Parkway IndianaUnited States

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