Elastic logo
Founded 2013

Elastic

2020 Revenue

$6.0M

YOY

150.00%

Funding

$2.0M

Overview

About Elastic

Microservices-based hybrid integration platform for real-time data sync across disparate cloud-based and on-premise applications, platforms and databases.

Monthly Revenue

$500.0K

+ $300.0K (150.00%)
Total Expenses

$410.0K

=
Net Income

$90.0K

Ebidta Margin

18.00%

+
YOY Growth

150.00%

=
Rule of 40

168


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Elastic CEO Renat Zubairov on 12/01/2020

Watch the podcast


Headquarters

BonnNorth Rhine-WestphaliaGermany

Elastic Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Elastic revenue run rate hit $6.0M in revenue.

150.00%▲$2.4M$6.0M

Funding History

Elastic has raised a total of $2.0M.

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

Customers

Elastic has 500 customers.

Lifetime Months

100

×
Monthly ARPU

$1.0K

=
Lifetime Dollars

$100.0K


Acquisition Cost

$10.0K

Average Annual Price

$12.0K

$0$12.0K10 month payback period024681012

Churn

Elastic has an annual churn rate of 12.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

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.

20182019202080.00%▲39.00%▲
DistributionQty

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

What's your age?

37

Favorite online tool?

14:00 Google Docs

Favorite book?

Lean Startup

Favorite CEO?

Jeff Bezos

Advice for 20 year old self

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 $2.0M.


Where is Elastic headquarters?

Elastic is headquartered at BonnNorth Rhine-WestphaliaGermany

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