Faraday revenue is $5.6 million
Faraday team size is 63 employees
How Faraday hit $5.6M Revenue with 60 customers in 2022.
Faraday Revenue
In 2022, Faraday revenue run rate hit $5.6M in revenue.
How did Latka collect this data?
Latka collected this data by interviewing Faraday CEO Andy Rossmeissl on 04/19/2022
CEO/Founder
Andy leads the company in its mission to deliver practical, powerful AI to consumer brands. A designer by training and lifelong software engineer, Andy is responsible for Faraday’s product strategy, data science organization, recruiting efforts, and corporate matters. Previously, Andy founded the celebrated sustainability startup Brighter Planet and worked in politics.
CEO Q&A
WHAT`S YOUR AGE?
35
FAVORITE ONLINE TOOL?
Stripe
FAVORITE BOOK?
A Pattern Language
FAVORITE CEO?
None
ADVICE FOR 20 YEAR OLD SELF
Better at important v urgent
Is this your company? Add our badge to your website:
Faraday Funding History
| FUNDING DATE | ROUND | AMOUNT | TOTAL | VALUATION |
|---|---|---|---|---|
| 04/25/2018 | Series A | $2M | ||
| 05/20/2016 | Venture Round | $2.5M | ||
| 02/09/2015 | Venture Round | $750K | ||
| 03/20/2014 | Series A | $880K |
Team
Employees
Faraday has 63 total employees and 6 sales reps that carry a quota. They have 60 customers an engineering team of 9 and a marketing team of 1
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 63 |
| Engineer | 9(14%) |
| Sales | 6(10%) |
| Marketing | 1(2%) |
Customers
Faraday has 60 customers.
LIFETIME MONTHS
-
x
MONTHLY ARPU
$7.8K
=
LIFETIME DOLLAR
-
ACQUISITION COST
$100K
AVERAGE ANNUAL PRICE
$94K
Churn
Faraday has an annual churn rate of 0.00%.
GROSS ANNUAL DOLLAR CHURN
-0.00%
ANNUAL DOLLAR EXPANSION
0.00%
NET REVENUE RETENTION
100.00%
About Faraday
AI platform for consumer brands
Monthly Revenue
$470K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA MARGIN
0.0%
+
YOY GROWTH
0.0%
=
Rule of 40
0
Faraday Board of Directors
| Name | Position |
|---|
Faraday Executives
| Name | Position |
|---|---|
| Andy Rossmeissl | CEO |
Faraday Employees
| Name | Position |
|---|---|
| Andy Rossmeissl | CEO |
Frequently Asked Questions about Faraday
When was Faraday founded?
Faraday was founded in 2012.
How much revenue does Faraday generate?
Faraday generates $5.6M in revenue.
Who is the CEO of Faraday?
The CEO of Faraday is Andy Rossmeissl.
How much funding does Faraday have?
Faraday was raised $6.1M.
How many employees does Faraday have?
Faraday has raised 63 employees.
Where is Faraday headquarters?
Faraday headquater is at United States