How did Latka collect this data?
Latka collected this data by interviewing Coveo CEO Louis Tãªtu on 10/25/2006
Watch the podcastCoveo 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
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 DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
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
DISTRIBUTION | QTY |
---|---|
Total team size | 563 |
Engineer | 145(26%) |
Sales | 86(15%) |
Marketing | 23(4%) |
CEO/Founder
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.
What`s your age?
54
Favorite online tool?
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
Churn
Coveo has an annual churn rate of 60.00%.
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
Name | Position |
---|
Coveo Executives
Name | Position |
---|---|
Louis Tãªtu | CEO |
Coveo Employees
Name | Position |
---|---|
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