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FaaStrak revenue is $642.4k

FaaStrak is worth $3.5 million valuation

FaaStrak team size is 8 employees

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Founded 2018

FaaStrak

2022 REVENUE

$642.4K

YOY

0.00%

Funding

$710K

How FaaStrak hit $642.4K Revenue

FaaStrak Revenue

In 2022, FaaStrak revenue run rate hit $642.4K in revenue.

$642.4K

Headquarters

-

CEO/Founder

Ken Brokaw

CEO Q&A

WHAT`S YOUR AGE?

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FAVORITE ONLINE TOOL?

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FAVORITE BOOK?

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FAVORITE CEO?

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ADVICE FOR 20 YEAR OLD SELF

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FaaStrak Funding History

FUNDING DATEROUNDAMOUNTTOTALVALUATION
07/25/2019 Convertible Note $150K $3.5M
12/10/2018 Seed Round $410K $2.3M
04/05/2018 Seed Round $150K

Team

Employees

FaaStrak has 8 total employees and 1 sales reps that carry a quota.

2021
DISTRIBUTIONQTY
Total team size
8
Engineer
1(13%)
Sales
1(13%)
Marketing
1(13%)

Customers

FaaStrak has 0 customers.

LIFETIME MONTHS

-

x

MONTHLY ARPU

-

=

LIFETIME DOLLAR

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ACQUISITION COST

-

AVERAGE ANNUAL PRICE

-

$0$0024681012

Churn

FaaStrak 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

0.00%

About FaaStrak

FaaStrak offers user friendly equipment leasing platform to help our customers save time and effort. Through our organized platform business can flourish. Each individual can choose whichever lender works best for their business, and offer a direct connection to customers. Our goal is to make the process of equipment leasing less tedious through the use of our highly efficient platform. Have the power to control your own deals, with FaaStrak. • A more hands on equipment leasing process that allows for greater control. • Instant quoting for equipment leasing • Automated process • Application management • Access to multiple reputable lenders and direct communication with said lenders - Easy online application • One standard application for all lenders • Organize applications by each lender for easy management • No need to contact multiple leasing representatives creating quicker response times

Monthly Revenue

$53.5K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA MARGIN

0.0%

+

YOY GROWTH

0.0%

=

Rule of 40

0

FaaStrak Board of Directors

NamePosition

FaaStrak Executives

NamePosition
Ken Brokaw CEO

FaaStrak Employees

NamePosition
Ken Brokaw CEO

Frequently Asked Questions about FaaStrak

When was FaaStrak founded?

FaaStrak was founded in 2018.

How much revenue does FaaStrak generate?

FaaStrak generates $642.4K in revenue.

Who is the CEO of FaaStrak?

The CEO of FaaStrak is Ken Brokaw.

How much funding does FaaStrak have?

FaaStrak was raised $710K.

How many employees does FaaStrak have?

FaaStrak has raised 8 employees.

Where is FaaStrak headquarters?

FaaStrak headquater is at United States