Coveo logo
Founded 2008

Coveo

 
2018 Revenue

$90.0M

YOY

Funding

$150.0M

Overview

About Coveo

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

Monthly Revenue

$7.5M

Total Expenses

$7.5M

=
Net Income

$0.0

Ebidta Margin

0%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Coveo CEO Louis Têtu on 08/06/2018.

Watch the podcast


Headquarters

3175 Chemin des Quatre-Bourgeois QuebecQuebecCanada
Website

Coveo.com

Coveo Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Coveo revenue run rate hit $90.0M in revenue.

$90.0M

Funding History

Coveo has raised $150.0M.

Funding DateRoundTotalValuation
08/06/2018$150.0M

Customers

Coveo has 1K customers.

Lifetime Months

20

×
Monthly ARPU

$7.5K

=
Lifetime Dollars

$150.0K


Acquisition Cost

$153.0K

Average Annual Price

$90.0K

$0$90.0K20 month payback period02468101214161820

Churn

Coveo has an annual churn rate of 60%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-60%

Annual Dollar Expansion

+84%

Net Revenue Retention

124%

Team

Employees

Coveo has 350 employees..

3502018
DistributionQty

All

350

Engineers

0

Quota Carrying

0

CEO/Founder

Louis Têtu

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.


CEO 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


Frequently Asked Questions about Coveo

When was Coveo founded?

Coveo was founded in 2008.


Who is the CEO of Coveo?

The CEO of Coveo is Louis Têtu


How many employees does Coveo have?

Coveo has 350 employees.

How much revenue does Coveo generate?

Coveo generates $90.0M in revenue.


How much funding does Coveo have?

Coveo has raised $150.0M.


Where is Coveo headquarters?

Coveo is headquartered at 3175 Chemin des Quatre-Bourgeois QuebecQuebecCanada

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