logo
logo

Drift revenue is $120 million

Drift is worth $1 billion valuation

Drift team size is 426 employees


logo

Drift

- Boston, 0, United States

linkedinwebsite

How Drift hit $120M Revenue with 150K customers in 2022.

Drift is the Revenue Acceleration platform that uses Conversational Marketing

Founded

2014

Founded

Revenue

$120M

2022 Revenue

YOY
-----

YOY

Funding

$107M

Funding


Drift Revenue

In 2022, Drift revenue run rate hit $120M in revenue.

  • 2021

    Drift hit $120M in revenue in 2021

  • 2018

    Drift hit $27M in revenue in 2018

  • 2014

    Drift launched in 2014 with $0 revenue

344.00% ▲$27M$120M

Drift Funding History

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

  • 2018 Series C

    Drift raised a Series C of $60M

  • 2017 Series B

    Drift raised a Series B of $32M

  • 2014 Series A

    Drift raised a Series A of $15M

FUNDING DATEROUNDAMOUNTVALUATION
04/17/2018 Series C $60M
09/26/2017 Series B $32M
06/01/2014 Series A $15M

Team

Drift has 426 total employees and 94 sales reps that carry a quota. They have 150000 customers an engineering team of 79 and a marketing team of 30

201420172018201920202K▲-54▼169▲21▲
DISTRIBUTIONQTY
Total team size
426
Engineer
79(19%)
Sales
94(22%)
Marketing
30(7%)

CEO/Founder

David Cancel

Q&A

What`s your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


Customers

Drift has 150K customers.

Lifetime Months

-

x

Monthly ARPU

$23

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$270

$0$270024681012
$0$270024681012

Churn

Drift has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%


About Drift

Monthly Revenue

$10M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Drift Board of Directors

NamePosition
Kevin HavertyBoard Member
Krista Anderson-CoppermanBoard of Directors

Drift Executives

NamePosition
David Cancel CEO
Todd Barnett Chief Revenue Officer
Tricia Gellman Chief Marketing Officer
David Cancel Chief Executive Officer
Jim Kelliher Chief Financial Officer
Dena Upton Chief People Officer
Elias Torres FounderChief Technology Officer

Drift Employees

NamePosition
David Cancel CEO
Jared Fuller Sr. Director Partnerships
Jake Randall Advisor
Todd Barnett Chief Revenue Officer
Adrian Wong Conversational Sales Advisor Account Executive
Tricia Gellman Chief Marketing Officer
Cody Bernard Senior Manager Product Marketing
Joshua Perk Manager Solutions Consulting
shehbaz Naeem Conversational Sales Advisor
Kevin Haverty Board Member
Nate H Solutions Engineer
Robin Shin Senior Product Manager
David Cancel Chief Executive Officer
Jordan Esten GM Drift AI
Jennifer G Drift for Startups Business Development
Dimitri Kennedy Staff Software Engineer
Jim Kelliher Chief Financial Officer
Dena Upton Chief People Officer
Michael Troiano Advisor
Florian Leibert Investor
Julia Austin Advisor
Al Hogan Head of Enterprise Sales- West
Elias Torres FounderChief Technology Officer
Carlos Rosado-Cancel Customer Advocate
Jackie Wright Executive Assistant
Sara Blanc Small to Mid-Enterprise Conversational Sales Advisor
Sreeya Sai Software Engineer
Mark Siciliano Vice President of Sales Productivity Strategy
Krista Anderson-Copperman Board of Directors

Frequently Asked Questions about Drift

When was Drift founded?

Drift was founded in 2014.

How much revenue does Drift generate?

Drift generates $120M in revenue.

Who is the CEO of Drift?

The CEO of Drift is David Cancel.

How much funding does Drift have?

Drift was raised $107M.

How many employees does Drift have?

Drift has raised 426 employees.

Where is Drift headquarters?

Drift headquater is at United States