Faraday revenue is $5.6 million
Faraday team size is 63 employees
How did Latka collect this data?
Latka collected this data by interviewing Faraday CEO Andy Rossmeissl on 02/13/2014
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Faraday
431-Pine Street Burlington, Vermont, United States
How Faraday hit $5.6M Revenue with 60 customers in 2022.
AI platform for consumer brands
2012
Founded
$5.6M
2022 Revenue
YOY
$6.1M
Funding
Faraday Revenue
In 2022, Faraday revenue run rate hit $5.6M in revenue.
2018
Faraday hit $5.6M in revenue in 2018
2012
Faraday launched in 2012 with $0 revenue
Faraday Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2018 Series A
Faraday raised a Series A of $2M
2016 Venture Round
Faraday raised a Venture Round of $2.5M
2015 Venture Round
Faraday raised a Venture Round of $750K
2014 Series A
Faraday raised a Series A of $880K
| FUNDING DATE | ROUND | AMOUNT | 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
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%) |
CEO/Founder
Andy Rossmeissl
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.
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
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
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