How did Latka collect this data?
Latka collected this data by interviewing Docsend CEO Russ Heddleston on 10/01/2013
Watch the podcastDocsend Revenue
In 2022, Docsend revenue run rate hit $9.2M in revenue.
2021
Docsend hit $9.2M in revenue in 2021
2017
Docsend hit $1.2M in revenue in 2017
2013
Docsend launched in 2013 with $0 revenue
Docsend Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019 Venture Round
Docsend raised a Venture Round of $5M
2016 Series A
Docsend raised a Series A of $8M
2013 Seed Round
Docsend raised a Seed Round of $1.7M
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
06/30/2019 | Venture Round | $5M | |
04/11/2016 | Series A | $8M | |
10/01/2013 | Seed Round | $1.7M |
Team
Docsend has 63 total employees and 5 sales reps that carry a quota. They have 17000 customers an engineering team of 19 and a marketing team of 6
DISTRIBUTION | QTY |
---|---|
Total team size | 63 |
Engineer | 19(30%) |
Sales | 5(8%) |
Marketing | 6(10%) |
CEO/Founder
Russ Heddleston – Co-founder & CEO, DocSend Russ Heddleston (excerpt) I think it’s important to not have like that hero streak where you try to do everything. I think it also helps that this is my second startup. I think if you’ve been through it once before, it helps you pace yourself a little bit better because everything is critical and you do have to move really fast. You also have to continue to live your life.” Stephen Cummins Welcome to 14 minutes of SaaS, the show where you can listen to the stories and opinions of founders of the world’s most remarkable SaaS ScaleUps. 0:42 This episode is part 1 of a 3 part mini-series with Russ Huddleston, CEO and Co-founder of DocSend, a content management and tracking system – recorded in Collision New Orleans. Russ talks about his career which he kickstarted by interning for a string of superstar software companies. He discusses the pros and cons of starting a company with friends, says mobile-first strategies can be overrated and touches on how people interact with content, their attention spans, and brings in even a little bit of deep learning. 1:20 How are you doing Russ? Russ Heddelston Great, thanks for having me on Stephen. Stephen Cummins Brilliant. Could tell us a little bit about yourself and your life history? Russ Heddelston I’ll try to describe it in a concise manner. My family was in the military – so I was an army brat growing up. Lived in Berlin for 5 years, lived in Denver, grew up mostly in South Dakota. I had the very good fortune to go to Stanford for undergrad and grad in computer science. And, I had no idea what I was getting into coming from South Dakota. I certainly wasn’t prepared for it. That’s basically how I got into tech. Spent some time building robots. Decided software was a little bit better suited to me … much faster paced. After leaving Stanford I worked at a company called Graystripe and ended up being their director of engineering and it was a wonderful ride for a few years. They ended up selling the business to ValueClick – that was like my first taste of like, you know, like a startup just kinda doing it from the beginning. I also interned at Trulia as their first intern back in 2006 … back in the day. There were 5 people there and then interned at Microsoft. I left Graystripe and went back to Harvard business school. A lot of people who were in HBS with me had a consulting background or a business background. But for me it was entirely new information. I hadn’t taken any business classes before. And it was really fascinating to see – probably the only business classes I’d taken before was doing this thing called the Mayfield program at Stanford – which is … for anyone in Stanford they should definitely apply to this. It’s an amazing 9 month work study / entrepreneurship program. HBS – a great experience.
What`s your age?
32
Favorite online tool?
Gmail, Slack, Truly Wireless
Favorite book?
Good To Great
Favorite CEO?
Keith Krach
Advice for 20 year old self
Be more patient
Customers
Docsend has 17K customers.
Lifetime Months
-
x
Monthly ARPU
$36
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
$429
Churn
Docsend has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
100.00%
About Docsend
Monthly Revenue
$764.5K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Docsend Board of Directors
Name | Position |
---|
Docsend Executives
Name | Position |
---|---|
Russ Heddleston | CEO |
Docsend Employees
Name | Position |
---|---|
Russ Heddleston | CEO |
Frequently Asked Questions about Docsend
When was Docsend founded?
Docsend was founded in 2013.
How much revenue does Docsend generate?
Docsend generates $9.2M in revenue.
Who is the CEO of Docsend?
The CEO of Docsend is Russ Heddleston.
How much funding does Docsend have?
Docsend was raised $14.7M.
How many employees does Docsend have?
Docsend has raised 63 employees.
Where is Docsend headquarters?
Docsend headquater is at United States