Botkeeper logo
Founded 2015

Botkeeper

2018 Revenue

$1.6M

YOY

Funding

$47.5M

Overview

About Botkeeper

Using a combination of accountants, machine learning and AI, botkeeper provides businesses with 24/7 bookkeeping, insightful dashboards and accurate reporting for 50% savings compared to alternatives.

Monthly Revenue

$130.0K

Total Expenses

$130.0K

=
Net Income

($1.0)

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Botkeeper CEO Enrico Palmerino on 06/18/2020

Watch the podcast


Headquarters

745 Atlantic Avenue BostonMassachusettsUnited States

Botkeeper Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Botkeeper revenue run rate hit $1.6M in revenue.

$1.6M

Funding History

Botkeeper has raised $47.5M.

Funding DateRoundTotalValuation
06/18/2020$25.0M$47.0M
11/19/2018$18.0M
05/15/2018$4.5M
01/25/2018$4.5M

Customers

Botkeeper has 500 customers.

Lifetime Months

200

×
Monthly ARPU

$260.0

=
Lifetime Dollars

$52.0K


Acquisition Cost

$2.0K

Average Annual Price

$3.1K

$0$3.1K8 month payback period024681012

Churn

Botkeeper has an annual churn rate of 0%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Botkeeper has 50 employees.

2018
DistributionQty

Other

44

Engineers

0

Quota Carrying

6 (12%)

CEO/Founder

Enrico Palmerino

CEO at botkeeper - The Future of Bookkeeping. Using a combination of accountants, machine learning and AI, botkeeper provides businesses with 24/7 bookkeeping, insightful dashboards and accurate reporting at a 50% savings compared to alternatives. botkeeper is the fastest growing accounting firm in the Northeast thanks to its revolutionary automated accounting software. botkeeper supports hundreds of companies across the US and is backed by a laundry list of marquee investors and advisors which include Ignition Partners, John Connors - former CFO of Microsoft, Doug Sleeter - Accounting Hall of Famer and Founder of SleeterCon, and Hap Klopp - Founder of the North Face, to name a few. To learn more visit: www.botkeeper.com Prior to botkeeper my background has been in automation, decision trees, and accounting with a triple major from Babson College in Quantitative Methods, Entrepreneurship, and Strategic Management. While in college I co-founded ThinkLite which automated lighting analysis, design, and manufacturing. ThinkLite grew from dorm room to 46 on Inc's 500 List and resulted in my being ranked 2nd among America's Top 25 Entrepreneurs Under 25 by Bloomberg Businessweek. After successfully exiting ThinkLite, I invested in a small accounting firm, joining as the company's Managing Director, and helped grow it from 7 to 40 people in the 3 years. Outside of botkeeper I advise, consult and invest in several startups. I also sit on the Technology Advisory Committee & Board of Corporators at Fidelity Bank and am a Board Member at GVNA Healthcare. I enjoy spending my spare time with my wife, family and dog, binge-watching movies and TV, skiing with friends, brainstorming with other entrepreneurs, and relaxing in Charleston SC.


CEO Q&A

What's your age?

29

Favorite online tool?

15, 5

Favorite book?

Traction

Favorite CEO?

CEO Northface

Advice for 20 year old self

Discipline is critical


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Frequently Asked Questions about Botkeeper

When was Botkeeper founded?

Botkeeper was founded in 2015.


Who is the CEO of Botkeeper?

The CEO of Botkeeper is Enrico Palmerino


How many employees does Botkeeper have?

Botkeeper has 50 employees.

How much revenue does Botkeeper generate?

Botkeeper generates $1.6M in revenue.


How much funding does Botkeeper have?

Botkeeper has raised $47.5M.


Where is Botkeeper headquarters?

Botkeeper is headquartered at 745 Atlantic Avenue BostonMassachusettsUnited States

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