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Convert Group revenue is $1.6 million

Convert Group is worth $18 million valuation

Convert Group team size is 55 employees


How did Latka collect this data?

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Latka collected this data by interviewing Convert Group CEO PanayotisPanayotis (Pan) Gezerlis on 07/14/2021

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Convert Group

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How Convert Group hit $1.6M Revenue with 78 customers in 2022.

Data & Analytics | Market Intelligence & Consulting.Data provider in Consumer Healthcare and FMCG eCommerce

Founded

2014

Founded

Revenue

$1.6M

2022 Revenue

YOY
-----

YOY

Funding

$2.8M

Funding


Convert Group Revenue

In 2022, Convert Group revenue run rate hit $1.6M in revenue.

  • 2021

    Convert Group hit $1.6M in revenue in 2021

  • 2020

    Convert Group hit $800K in revenue in 2020

  • 2019

    Convert Group hit $400K in revenue in 2019

  • 2014

    Convert Group launched in 2014 with $0 revenue

100.00% ▲100.00% ▲$400K$800K$1.6M

Convert Group Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2020 Seed Round

    Convert Group raised a Seed Round of $1.4M

  • 2019 M&A Offer

    Convert Group raised a M&A Offer of $1.2M at a $6M valuation in December 2019

  • 2017 Angel Round

    Convert Group raised a Angel Round of $225.8K

FUNDING DATEROUNDAMOUNTVALUATION
03/06/2020 Seed Round $1.4M
12/31/2019 M&A Offer $1.2M $6M
12/29/2017 Angel Round $225.8K

Team

Convert Group has 55 total employees and 4 sales reps that carry a quota. They have 78 customers an engineering team of 20

20192020202120▲2▲
DISTRIBUTIONQTY
Total team size
55
Engineer
20(36%)
Sales
4(7%)
Marketing
0(0%)

CEO/Founder

PanayotisPanayotis (Pan) Gezerlis

Panayotis has been managing projects and firms across various industries with a focus on eBusiness & Technology.Before founding Convert Group, he led many firms το successfully kick-off their eBusiness projects, as a self-employed eBusiness consultant. He also headed ELTRUN’s e-consulting business unit for 3 years. He co-founded and was the CEO of buldoza.gr, one of Greece’s top etailers in fashion, personal care & homeware. He has also served as Upstream’s Head of Business Planning, leading the firm’s expansion in 40 countries and directing sales offices in Rome, Beijing, Singapore, Athens, Bucharest, Toronto, City of Mexico and Rio de Janeiro. Other senior positions held include VoiceWeb’s, a leading company in Speech Recognition & mobile marketing, Chief Commercial Officer for 4 years, and acting-CEO in Printing & Publishing firms.He is the co-author of strategy books and he hopes that someday he will revive his Be eBusiness blog. He is married to Elena, a style editor and fashion blogger, and together they have a 15month-old son that drives them crazy! He also used to be the Director General of GRECA, the Greek eCommerce Association, during 2014-2015.Pan has been managing projects and firms across various industries with a focus on eBusiness & Technology. Amongst his roles was Head of Business Planning, for the leading mobile commerce firm, Upstream, with business development responsibilities in 40 countries. He founded Convert Group on 2014 as an eCommerce Consultancy and in 2019 they pivoted into an Enterprise SaaS with his partner, Elena.

Q&A

What`s your age?

48

Favorite online tool?

Slack

Favorite book?

Trailblazer

Favorite CEO?

My Dad

Advice for 20 year old self

Nothing new


Customers

Convert Group has 78 customers.

Lifetime Months

-

x

Monthly ARPU

$1.8K

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$20K

$0$20K024681012
$0$20K024681012

Churn

Convert Group has an annual churn rate of 3.00%.

-100-500%50100

Gross Annual Dollar Churn

-3.00%

Annual Dollar Expansion

8.00%

Net Revenue Retention

105.00%


About Convert Group

Monthly Revenue

$133.3K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

100.00%

=

Rule of 40

100


Convert Group Board of Directors

NamePosition

Convert Group Executives

Convert Group Employees


Frequently Asked Questions about Convert Group

When was Convert Group founded?

Convert Group was founded in 2014.

How much revenue does Convert Group generate?

Convert Group generates $1.6M in revenue.

Who is the CEO of Convert Group?

The CEO of Convert Group is PanayotisPanayotis (Pan) Gezerlis.

How much funding does Convert Group have?

Convert Group was raised $2.8M.

How many employees does Convert Group have?

Convert Group has raised 55 employees.

Where is Convert Group headquarters?

Convert Group headquater is at Greece