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Checkd logo
Founded 2013

Checkd

 
2020 Revenue

$990.0K

YOY

65%

Funding

$1.2M

Overview

About Checkd

Simplify communication in construction projects

Monthly Revenue

$82.5K

+ $32.5K (65%)
Total Expenses

$107.5K

=
Net Income

($25.0K)

+ $25.0K (2499900%)
Ebidta Margin

0%

+
YOY Growth

65%

=
Rule of 40

65


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Checkd CEO Tom-Erik von Krogh-Martinsen on 03/17/2020.

Watch the podcast


Headquarters

20A Haglundveien 1400 SkiVikenNorway
Website

Checkd.it

Checkd Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Checkd revenue run rate hit $990.0K in revenue.

20132018202065%▲$600.0K$990.0K

Funding History

Checkd has raised $1.2M.

Funding Amount

$1.2M

Funding Rounds

-

Monthly Burn

($25.0K)

Customers

Checkd has 150 customers.

Lifetime Months

57

×
Monthly ARPU

$550.0

=
Lifetime Dollars

$31.4K


Acquisition Cost

$4.2K

Average Annual Price

$6.6K

$0$6.6K8 month payback period024681012

Churn

Checkd has an annual churn rate of 21%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-21%

Annual Dollar Expansion

+5%

Net Revenue Retention

84%

Team

Employees

Checkd has 11 employees.They have 2 sales reps that carry a quota and an engineering team of 4.

8112018202038%▲
DistributionQty

All

11

Engineers

4 (36%)

Quota Carrying

2 (18%)

CEO/Founder

Tom-Erik von Krogh-Martinsen

I just hate wasting time or doing unnecessary tasks, doing things over because the first job was not good enough is event better. This happens again and again in construction projects. As a Computer Engineer, born and raises in the construction industry, I saw that I could solve this. It’s not done until it is CHECKD!


Q&A

What's your age?

47

Favorite online tool?

Google Hangouts

Favorite book?

Measure what matters

Favorite CEO?

Elon Musk

Advice for 20 year old self

Build a great team!


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