How Elastic hit $6.0M in Revenue with 500 Customers in 2020.
About Elastic
Microservices-based hybrid integration platform for real-time data sync across disparate cloud-based and on-premise applications, platforms and databases.
$500.0K
$300.0K (0.00%)
$410.0K
$90.0K
18.00%
—
18
How did Latka collect this data?
Latka collected this data by interviewing Elastic CEO Renat Zubairov on 12/01/2020
Headquarters
BonnNorth Rhine-WestphaliaGermanyElastic Revenue
In 2020, Elastic revenue run rate hit $6.0M in revenue.
Elastic Valuation and Funding History
| Funding Date | Round | Amount | Total | Valuation |
|---|---|---|---|---|
| 07/01/2016 | Series D | $58.0M | ||
| 06/05/2014 | Series C | $70.0M | ||
| 02/19/2013 | Series B | $24.0M | ||
| 11/08/2012 | Series A | $10.0M |
Customers
Elastic has 500 customers.
100
$1.0K
$100.0K
$10.0K
$12.0K
Churn
Elastic has an annual churn rate of 12.00%
Churn vs Expansion
-12.00%
0.00%
88.00%
Team
Employees
Elastic has 50 employees. They have 3 sales reps that carry a quota, an engineering team of 14 and a marketing team of 1.
| Distribution | Qty |
|---|---|
Total Team Size | 50 |
Engineers | 14 (28%) |
Sales | 3 (6%) |
Marketing | 1 (2%) |
CEO/Founder
Renat Zubairov
Sales hacker, product and user experience engineer. Right now building a new business from $0 to $B. Core values are simplicity, tolerance to failure, creativity and patience. Current challenges are building scalable outbound and inbound sales machine, recruitment.
CEO Q&A
37
14:00 Google Docs
Lean Startup
Jeff Bezos
It always takes longer than you expect
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Frequently Asked Questions about Elastic
When was Elastic founded?
Elastic was founded in 2013.
Who is the CEO of Elastic?
The CEO of Elastic is Renat Zubairov
How many employees does Elastic have?
Elastic has 50 employees.
How much revenue does Elastic generate?
Elastic generates $6.0M in revenue.
How much funding does Elastic have?
Elastic has raised $162.0M.
Where is Elastic headquarters?
Elastic is headquartered at BonnNorth Rhine-WestphaliaGermany
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