Closet logo
Founded null

Closet

2020 Revenue

$360.0K

YOY

Funding

$0.0

Overview

About Closet

Poshmark automation

Monthly Revenue

$30.0K

Total Expenses

$30.0K

=
Net Income

$0.0

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 Closet CEO Jordan O'Connor on 07/24/2020.

Watch the podcast


Headquarters

3594 Redman Road Brockport New YorkUnited States

Closet Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Closet revenue run rate hit $360.0K in revenue.

-100.00%▼$360.0K

Funding History

Closet has raised $0.0.

Funding DateRoundTotalValuation

Customers

Closet has 1K customers.

Lifetime Months

80

×
Monthly ARPU

$30.0

=
Lifetime Dollars

$2.4K


Acquisition Cost

$15.0

Average Annual Price

$360.0

$0$360.01 month payback period024681012

Churn

Closet has an annual churn rate of 15%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-15.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

85.00%

Team

Employees

Closet has 1 employee..

2020
DistributionQty

Other

0

Engineers

1 (100%)

Quota Carrying

0

CEO/Founder

Jordan O'Connor

Born and raised in rural western NY. Went to engineering school and worked as an electrical engineer for 7 years. Started Closet Tools as a way to pay down student loans, and transitioned to full-time founder when it made more than double what I made at my day job.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Closet

When was Closet founded?

Closet was founded in .


Who is the CEO of Closet?

The CEO of Closet is Jordan O'Connor


How many employees does Closet have?

Closet has 1 employee.

How much revenue does Closet generate?

Closet generates $360.0K in revenue.


How much funding does Closet have?

Closet has raised $0.0.


Where is Closet headquarters?

Closet is headquartered at 3594 Redman Road Brockport New YorkUnited States

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