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Faction revenue is $5.5 million

Faction team size is 107 employees


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Faction

- Denver, Colorado, United States

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How Faction hit $5.5M Revenue

Provider of enterprise-class Infrastructure-as-a-Service (IaaS) software designed to offer cloud services to private, public and hybrid cloud services. The company's platform provides cost-effective VMware based clouds with administrator-level access to VMware vCenter, providing control, flexibility and integration capabilities for hybrid and multi-cloud deployments, enabling clients to take immediate advantage of the growing cloud services market, maintain customer ownership and maximize profitability.

Founded

2006

Founded

Revenue

$5.5M

2022 Revenue

YOY
-----

YOY

Funding

$56M

Funding


Faction Revenue

In 2022, Faction revenue run rate hit $5.5M in revenue.

  • 2021

    Faction hit $5.5M in revenue in 2021

  • 2006

    Faction launched in 2006 with $0 revenue

$5.5M

Faction Funding History

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

  • 2019

    Faction raised a of $14M

  • 2018

    Faction raised a of $18M

  • 2018

    Faction raised a of $5M

  • 2015

    Faction raised a of $6M

  • 2015

    Faction raised a of $4M

  • 2012

    Faction raised a of $9M

FUNDING DATEROUNDAMOUNTVALUATION
04/03/2019 $14M
03/15/2018 $18M
01/25/2018 $5M
12/15/2015 $6M
04/16/2015 $4M
08/29/2012 $9M

Team

Faction has 107 total employees and 2 sales reps that carry a quota.

2021
DISTRIBUTIONQTY
Total team size
107
Engineer
10(9%)
Sales
2(2%)
Marketing
2(2%)

CEO/Founder

Sean Charnock

CEO at Faction, Inc. Seasoned Technology Entrepreneur with a track record of successful ventures. Successes include: - CEO - Faction, Inc. - President - Humach, a leading customer experience/success firm leveraging the power of human interaction with the expanding roles of artificial intelligence, machine learning and computational results. - COO/Senior Vice President - iSIGHT Partners, a global leading Cyber Security Firm, Bessemer Venture Partners Backed (Acquired by FireEye in 2016) - Managing Director/Venture Partner at DH Capital, the leading boutique investment banking firm focusing on Data Center, Internet Infrastructure, Cloud and 'As a Service' disciplines - Co-Founder/SVP of SoftLayer Technologies, GI Partners Backed (Acquired by IBM in 2013) - Executive Manager at The Planet Internet Services which was one of the world's leading dedicated hosting providers (Acquired by GI Partners in 2006) - Manager at Efficient Networks, one the of the largest successful telecom ventures in the early 2000's with a successful IPO through a acquisition by Siemens A.G. for $1.5B. Education includes: - MBA, concentration in Finance - B.S. Finance and Banking Specialties: - Executive Financial Relationships - Mergers & Acquisitions - Technical Operations Management - Executive Vendor Relationships (Domestic and International) - Contract Negotiating - Vendor Management - Equity and Debt Fundraising (Venture Capital, Investment Banking, etc.) - Strategic Sourcing - Board of Directors

Q&A

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Customers

Faction has 0 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Faction 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 Faction

Monthly Revenue

$462K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Faction Board of Directors

NamePosition

Faction Executives

NamePosition
Sean Charnock CEO

Faction Employees

NamePosition
Sean Charnock CEO

Frequently Asked Questions about Faction

When was Faction founded?

Faction was founded in 2006.

How much revenue does Faction generate?

Faction generates $5.5M in revenue.

Who is the CEO of Faction?

The CEO of Faction is Sean Charnock.

How much funding does Faction have?

Faction was raised $56M.

How many employees does Faction have?

Faction has raised 107 employees.

Where is Faction headquarters?

Faction headquater is at United States