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Coveo revenue is $90 million

Coveo team size is 563 employees


How did Latka collect this data?

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Latka collected this data by interviewing Coveo CEO Louis Tãªtu on 10/25/2006

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Coveo

3175-Chemin des Quatre-Bourgeois Quebec, Quebec, Canada

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How Coveo hit $90M Revenue with 1K customers in 2022.

com, Sitecore, Google Apps for Work, Atlassian, JIRA, Office 365, YouTube, Lithium, Jive, Dropbox, and more.

Founded

2008

Founded

Revenue

$90M

2022 Revenue

YOY
-----

YOY

Funding

$354.7M

Funding


Coveo Revenue

In 2022, Coveo revenue run rate hit $90M in revenue.

  • 2018

    Coveo hit $90M in revenue in 2018

  • 2008

    Coveo launched in 2008 with $0 revenue

$90M

Coveo Funding History

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

  • 2019

    Coveo raised a of $187.5M

  • 2018

    Coveo raised a of $100M

  • 2015

    Coveo raised a of $35M

  • 2012

    Coveo raised a of $18M

  • 2009

    Coveo raised a of $8.2M

  • 2006

    Coveo raised a of $6M

FUNDING DATEROUNDAMOUNTVALUATION
11/06/2019 $187.5M
04/04/2018 $100M
11/05/2015 $35M
12/10/2012 $18M
12/08/2009 $8.2M
10/25/2006 $6M

Team

Coveo has 563 total employees and 86 sales reps that carry a quota. They have 1000 customers an engineering team of 145 and a marketing team of 23

20182019202031▲14▲
DISTRIBUTIONQTY
Total team size
563
Engineer
145(26%)
Sales
86(15%)
Marketing
23(4%)

CEO/Founder

Louis Tãªtu

Louis Têtu is Chairman and Chief Executive Officer of Coveo. Prior to Coveo, Louis co-founded Taleo Corporation, the leading international provider of cloud software for talent and human capital management, acquired by Oracle for $1.9B in 2012. Louis held the position of Chief Executive Officer and Chairman of the Board of Directors from the company’s inception in 1999 through 2007. Taleo was recognized as the 11th fastest growing technology company in the United States within the Deloitte Technology Fast 500 in 2004, and in 2005 it was the only software company among the Inc. 500 winners to issue an Initial Public Offering. Prior to Taleo, Louis was President of Baan SCS, the supply-chain management solutions group of Baan, a global enterprise software company with more than 5,000 employees. This followed Baan’s acquisition of Berclain Group inc., which he co-founded in 1989 and where he served as president until 1996. Louis is an Engineering graduate from Laval University of Canada in 1985 and in 1997 was honored by Laval for his outstanding social contributions and business achievements. He also received the 2006 Ernst & Young Entrepreneur of The Year award in the Technology and Communication category. Louis is also Chairman of the Board of PetalMD, a developer of social platforms for the medical sector, and serves on the Board of Couche-Tard Alimentation and the Board of the Quebec City international airport authority. Louis is involved in private equity within technology, infrastructure projects within emerging countries, education and high school reinsertion for children from financially challenged families. Outside of his professional career, Louis is a commercially licensed helicopter pilot, a skier, a wine and travel enthusiast, and lives in Quebec with his wife and their three children.

Q&A

What`s your age?

54

Favorite online tool?

Google

Favorite book?

Good to great

Favorite CEO?

None

Advice for 20 year old self

Empowering others is the secret to success


Customers

Coveo has 1K customers.

Lifetime Months

20

x

Monthly ARPU

$7.5K

=

Lifetime Dollar

$150K

Acquisition Cost

$153K

Average Annual Price

$90K

$0$90K20 month payback period02468101214161820
$0$90K20 month payback period02468101214161820

Churn

Coveo has an annual churn rate of 60.00%.

-100-500%50100

Gross Annual Dollar Churn

-60.00%

Annual Dollar Expansion

84.00%

Net Revenue Retention

124.00%


About Coveo

Monthly Revenue

$7.5M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Coveo Board of Directors

NamePosition

Coveo Executives

NamePosition
Louis Tãªtu CEO

Coveo Employees

NamePosition
Louis Tãªtu CEO

Frequently Asked Questions about Coveo

When was Coveo founded?

Coveo was founded in 2008.

How much revenue does Coveo generate?

Coveo generates $90M in revenue.

Who is the CEO of Coveo?

The CEO of Coveo is Louis Tãªtu.

How much funding does Coveo have?

Coveo was raised $354.7M.

How many employees does Coveo have?

Coveo has raised 563 employees.

Where is Coveo headquarters?

Coveo headquater is at Canada