How Concentricmarket hit $6.9M revenue and 135 customers in 2023.
We are a software company that develops Concentric Market, a simulation application that helps you design the right go-to-market strategy.
2010
Founded
$6.9M
2023 Revenue
39.01%
YOY
$12.2M
Funding
Concentricmarket Revenue
In 2023, Concentricmarket revenue run rate hit $6.9M in revenue.
-
2023
Concentricmarket hit $6.9M in revenue in 2023
-
2020
Concentricmarket hit $3.2M in revenue in 2020
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2019
Concentricmarket hit $1.5M in revenue in 2019
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2018
Concentricmarket hit $1.4M in revenue in 2018
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2010
Concentricmarket launched in 2010 with $0 revenue
Concentricmarket Funding History
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2020 Venture Round
Concentricmarket raised a Venture Round of in January, 2020
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2016 Series A
Concentricmarket raised a Series A of in July, 2016
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| January, 29 2020 | Venture Round | ||
| July, 15 2016 | Series A |
Team
Concentricmarket has 52 total employees and 2 sales reps that carry a quota. They have 135 customers an engineering team of 11 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 52 |
| Engineer | 11 (21%) |
| Sales | 2 (4%) |
| Marketing | 1 (2%) |
Founder / CEO
Greg Silverman
Recently, Aric Jenkins from Fortune sat down to interview Concentric CEO Greg Silverman about the company, the Concentric Market® platform, and how simulation technology is changing the way that companies predict consumer behavior in order to better serve their market. In this wide-ranging interview, Greg discusses the core values of Concentric, how these values align with the work we do with customers, and the importance of data security to maintaining trust. In addition, Greg talks about the ability of the Concentric system to adjust on the fly, according to the needs of the user, in order to stay up-to-date with what’s happening in their market. “Some of our customers are adjusting their plans every three hours, some every three weeks. But the idea is to be empowered to respond to the changes they see.
Q&A
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What's your age?
56
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Favorite online tool?
Linkedin
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Favorite book?
Scale
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Favorite CEO?
No
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Advice for 20 year old self
Start company earlier
Customers
Churn
Concentricmarket Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Greg Silverman | CEO | - | - |
Concentricmarket Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Greg Silverman | CEO | - | - |
Frequently Asked Questions about Concentricmarket
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When was Concentricmarket founded?
Concentricmarket was founded in 2010.
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How much revenue does Concentricmarket generate?
Concentricmarket generates $6.9M in revenue.
-
Who is the CEO of Concentricmarket
The CEO of Concentricmarket is Greg Silverman.
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How much funding does Concentricmarket have?
Concentricmarket raised $12.2M.
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How many employees does Concentricmarket have?
Concentricmarket has 52 employees.
-
Where is Concentricmarket headquarters?
Concentricmarket is headquartered at 222-Third Street, Cambridge, Massachusetts, 2142, United States
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