Cloudbeds CEO shares how they hit $57M revenue in 2023.
CloudBeds is a software company that provides a cloud-based hospitality management platform for hotels, vacation rentals, and hostels. CloudBeds' platform includes a suite of products and services that enable hospitality businesses to manage their reservations, room inventory, and revenue management, as well as to provide online booking and guest management services. The platform is designed to help hospitality businesses improve their operational efficiency and increase their revenue through better management of their bookings and inventory. CloudBeds' products are used by hospitality businesses of all sizes, from small independent properties to large hotel chains, across various geographic locations.
2012
Founded
$57M
2023 Revenue
42.5%
YOY
$248.4M
Funding
Cloudbeds Revenue
In 2023, Cloudbeds revenue run rate hit $57M in revenue.
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2023
Cloudbeds hit $57M in revenue in 2023
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2023
Cloudbeds hit $50M in revenue in 2023
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2022
Cloudbeds hit $40M in revenue in 2022
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2021
Cloudbeds hit $30M in revenue in 2021
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2021
Cloudbeds hit $30M in revenue in 2021
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2018
Cloudbeds hit $10M in revenue in 2018
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2012
Cloudbeds launched in 2012 with $0 revenue
Cloudbeds Funding History
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2021 Series D
Cloudbeds raised a Series D of in November, 2021
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2020 Series C
Cloudbeds raised a Series C of in March, 2020
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2018 Venture Round
Cloudbeds raised a Venture Round of in March, 2018
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2017 Series B
Cloudbeds raised a Series B of in June, 2017
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2017 Convertible Note
Cloudbeds raised a Convertible Note of in March, 2017
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2016 Series A
Cloudbeds raised a Series A of in July, 2016
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2015 Venture Round
Cloudbeds raised a Venture Round of in March, 2015
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2012 Seed Round
Cloudbeds raised a Seed Round of in January, 2012
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
November, 03 2021 | Series D | ||
March, 11 2020 | Series C | ||
March, 01 2018 | Venture Round | ||
June, 22 2017 | Series B | ||
March, 31 2017 | Convertible Note | ||
July, 13 2016 | Series A | ||
March, 01 2015 | Venture Round | ||
January, 17 2012 | Seed Round |
Team
Cloudbeds has 777 total employees and 161 sales reps that carry a quota. They have 27,000 customers an engineering team of 250 and a marketing team of 7.
DISTRIBUTION | QTY |
---|---|
Total team size | 777 |
Engineer | 250 (32%) |
Sales | 161 (21%) |
Marketing | 7 (1%) |
Founder / CEO
Adam Harris
Meet Adam Harris, the co-founder and CEO of Cloudbeds, a global leader in technology that unifies hospitality with one platform, which has raised $250 million in venture capital and earned numerous awards including America’s Best Startup Employers, Inc.’s Best Workplaces, and EY Entrepreneur of the Year.
Q&A
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What's your age?
44
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Favorite online tool?
Chat GPT
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Favorite book?
Atomic Habits
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Favorite CEO?
Jeff Weiner
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Advice for 20 year old self
You either do or you don't
Customers
Churn
Cloudbeds Executives
Name | Position | Working Email | Personal Email |
---|---|---|---|
Adam Harris | CEO | [email protected] | [email protected] |
Cloudbeds Employees
Name | Position | Working Email | Personal Email |
---|---|---|---|
Adam Harris | CEO | [email protected] | [email protected] |
Cloudbeds Board of Directors
Name | Position | Working Email | Personal Email |
---|---|---|---|
Paul Meier | Board Member | - | - |
Matt Melymuka | Board Member | [email protected] | [email protected] |
Frequently Asked Questions about Cloudbeds
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When was Cloudbeds founded?
Cloudbeds was founded in 2012.
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How much revenue does Cloudbeds generate?
Cloudbeds generates $57M in revenue.
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Who is the CEO of Cloudbeds
The CEO of Cloudbeds is Adam Harris.
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How much funding does Cloudbeds have?
Cloudbeds raised $248.4M.
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How many employees does Cloudbeds have?
Cloudbeds has 777 employees.
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Where is Cloudbeds headquarters?
Cloudbeds is headquartered at 3033 Fifth Avenue, Suite 100, San Diego, California, 92103, United States
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