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Ecrs revenue hit $41 million in 2023

Ecrs team size is 179 employees


How did Latka collect this data?

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Latka collected this data by interviewing Ecrs CEO Pete Catoe on 09/26/2018

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Ecrs

277-Howard Street Boone, North Carolina, United States

website

How Ecrs hit $41M Revenue with 4K customers in 2023.

enables you to meet all of your customers' expectations with a single platform for unified commerce, giving you a competitive edge

Founded

1989

Founded

Revenue

$41M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Ecrs Revenue

In 2022, Ecrs revenue run rate hit $41M in revenue.

  • 2018

    Ecrs hit $41M in revenue in 2018

  • 1989

    Ecrs launched in 1989 with $0 revenue

$41M

Ecrs Funding History

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Ecrs has 179 total employees They have 4000 customers

    2018
    DISTRIBUTIONQTY
    Total team size
    179
    Engineer
    0(0%)
    Sales
    0(0%)
    Marketing
    0(0%)

    CEO/Founder

    Pete Catoe

    I'm an entrepreneur by nature and an executive in practice. I founded ECRS in my early 20s, in 1989, with the simple vision that the microprocessor and software would transform retail, allowing local and regional retailers to not only compete, but win against their national competitors. I believe great companies are built one idea, one customer and one employee at a time. Like a great oak tree, it takes time to build a company that last, with deep cultural roots and consistent driving purpose and I’ve dedicated my career to building such a company.

    Q&A

    What`s your age?

    53

    Favorite online tool?

    Bamboo HR

    Favorite book?

    Certain To Win

    Favorite CEO?

    Jack Stack, Open Books CEO

    Advice for 20 year old self

    No limitations


    Customers

    Ecrs has 4K customers.

    Lifetime Months

    400

    x

    Monthly ARPU

    $563

    =

    Lifetime Dollar

    $225K

    Acquisition Cost

    $1.7K

    Average Annual Price

    $6.8K

    $0$6.8K3 month payback period024681012
    $0$6.8K3 month payback period024681012

    Churn

    Ecrs has an annual churn rate of 3.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -3.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    97.00%


    About Ecrs

    Monthly Revenue

    $3.4M

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Ecrs Board of Directors

    NamePosition

    Ecrs Executives

    NamePosition
    Pete Catoe CEO
    Matthew Mellon Chief Information Security Officer
    Pete Catoe Chief Executive Officer
    John Grasinger Chief Financial Officer
    Ram Chitrala Chief Research Officer
    Johann Vaz Chief Technology Officer

    Ecrs Employees

    NamePosition
    Pete Catoe CEO
    Matthew Mellon Chief Information Security Officer
    David Sprague EVP COO
    Jason Cook Hardware Specialist
    Pete Catoe Chief Executive Officer
    Geoffrey Robinson Consultant
    John Grasinger Chief Financial Officer
    Ram Chitrala Chief Research Officer
    Johann Vaz Chief Technology Officer

    Frequently Asked Questions about Ecrs

    When was Ecrs founded?

    Ecrs was founded in 1989.

    How much revenue does Ecrs generate?

    Ecrs generates $41M in revenue.

    Who is the CEO of Ecrs?

    The CEO of Ecrs is Pete Catoe.

    How much funding does Ecrs have?

    Ecrs raised $0.

    How many employees does Ecrs have?

    Ecrs has 179 employees.

    Where is Ecrs headquarters?

    Ecrs is headquartered in United States