Eleapsoftware logo
Founded 2005

Eleapsoftware

2018 Revenue

$7.2M

YOY

Funding

$100.0K

Overview

About Eleapsoftware

Monthly Revenue

$600.0K

Total Expenses

$600.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Eleapsoftware CEO Don Weobong on 10/03/2018

Watch the podcast


Headquarters

1300 South 4th Street LouisvilleKentuckyUnited States

Eleapsoftware Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Eleapsoftware revenue run rate hit $7.2M in revenue.

$7.2M

Funding History

Eleapsoftware has raised a total of $100.0K.

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

Customers

Eleapsoftware has 1K customers.

Lifetime Months

20

×
Monthly ARPU

$580.0

=
Lifetime Dollars

$11.6K


Acquisition Cost

$1.3K

Average Annual Price

$7.0K

$0$7.0K2 month payback period024681012

Churn

Eleapsoftware has an annual churn rate of 60.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-60.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

40.00%

Team

Employees

Eleapsoftware has 15 employees.

2018
DistributionQty

Total Team Size

15

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Don Weobong

our President Don Weobong envisioned a training and e-learning system (while studying for his Masters in Business Administration), he asked our software engineers and product development team a simple but fundamental question: “If e-learning and web-based training is so cool, useful and critical, why are there not more adaptions?” The answer to that question is what you will experience with eLeaP. A system so simple a 70-year-old executive created training courses in Total Quality Management in 15 minutes. Don’s next question was: “What is the use of having great software if no one stands behind it?” We provide you dedicated customer support 24/7. We are a technology company but we do business the old-fashioned way. Pick up the phone and call us at 877-624-7226 to speak with a real live person. These two fundamental questions form the core of our mission. It is our answers to these questions that have enabled us to continue to excel in the e-learning and training industry. For us, this is personal! One is only as good as one’s reputation — we take ours pretty seriously. So give us a call, take us for a spin, kick the tires and see what we are made of. We are ready to serve!


CEO Q&A

What's your age?

44

Favorite online tool?

Google Drive

Favorite book?

Execution

Favorite CEO?

Richard Branson

Advice for 20 year old self

Go out and do it!


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Frequently Asked Questions about Eleapsoftware

When was Eleapsoftware founded?

Eleapsoftware was founded in 2005.


Who is the CEO of Eleapsoftware?

The CEO of Eleapsoftware is Don Weobong


How many employees does Eleapsoftware have?

Eleapsoftware has 15 employees.

How much revenue does Eleapsoftware generate?

Eleapsoftware generates $7.2M in revenue.


How much funding does Eleapsoftware have?

Eleapsoftware has raised $100.0K.


Where is Eleapsoftware headquarters?

Eleapsoftware is headquartered at 1300 South 4th Street LouisvilleKentuckyUnited States

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