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Coremedia revenue is $10 million

Coremedia team size is 151 employees


How did Latka collect this data?

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Latka collected this data by interviewing Coremedia CEO Soeren Stamer on 12/17/2001

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Coremedia

18-Ludwig-Erhard-Straße Hamburg, Hamburg, Germany

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How Coremedia hit $10M Revenue with 120 customers in 2022.

CoreMedia is a global provider of digital experience solutions with corporate headquarters in Hamburg, Germany and US headquarters in Arlington, Virginia.

Founded

1996

Founded

Revenue

$10M

2022 Revenue

YOY
-----

YOY

Funding

$5.6M

Funding


Coremedia Revenue

In 2022, Coremedia revenue run rate hit $10M in revenue.

  • 2018

    Coremedia hit $10M in revenue in 2018

  • 1996

    Coremedia launched in 1996 with $0 revenue

$10M

Coremedia Funding History

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

  • 2001 Venture Round

    Coremedia raised a Venture Round of $5.6M

FUNDING DATEROUNDAMOUNTVALUATION
12/17/2001 Venture Round $5.6M

Team

Coremedia has 151 total employees and 14 sales reps that carry a quota. They have 120 customers an engineering team of 30 and a marketing team of 10

201820192020-8▼2▲
DISTRIBUTIONQTY
Total team size
151
Engineer
30(20%)
Sales
14(9%)
Marketing
10(7%)

CEO/Founder

Soeren Stamer

Sören Stamer is the CEO of CoreMedia. He co-founded CoreMedia in 1996 and led the company from 1996 to 2009 and again since 2015. Under Sören’s leadership, CoreMedia thrived and became a trusted partner of global brands, governmental organizations and media companies around the world. He established CoreMedia as a market leader in content management and digital experience management markets. As a visionary with a passion for change, Sören’s thinking is shaped by the disruptive force a massively networked society brings to the world. He is recognized as a pioneering advocate for social media, Enterprise 2.0 and self-organizing organizations.

Q&A

What`s your age?

47

Favorite online tool?

16:50 Kayak

Favorite book?

The Nudist on the Late Shift

Favorite CEO?

Elon Musk

Advice for 20 year old self

Travel is good!


Customers

Coremedia has 120 customers.

Lifetime Months

240

x

Monthly ARPU

$6.9K

=

Lifetime Dollar

$1.7M

Acquisition Cost

$50K

Average Annual Price

$83.3K

$0$83.3K7 month payback period024681012
$0$83.3K7 month payback period024681012

Churn

Coremedia has an annual churn rate of 5.00%.

-100-500%50100

Gross Annual Dollar Churn

-5.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

95.00%


About Coremedia

Monthly Revenue

$833.3K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Coremedia Board of Directors

NamePosition

Coremedia Executives

NamePosition
Soeren Stamer CEO

Coremedia Employees

NamePosition
Soeren Stamer CEO

Frequently Asked Questions about Coremedia

When was Coremedia founded?

Coremedia was founded in 1996.

How much revenue does Coremedia generate?

Coremedia generates $10M in revenue.

Who is the CEO of Coremedia?

The CEO of Coremedia is Soeren Stamer.

How much funding does Coremedia have?

Coremedia was raised $5.6M.

How many employees does Coremedia have?

Coremedia has raised 151 employees.

Where is Coremedia headquarters?

Coremedia headquater is at Germany