Finch logo
Founded 2009

Finch

2020 Revenue

$12.0M

YOY

33.33%

Funding

$125.0K

How Finch hit $12.0M in Revenue with 250 Customers in 2020.

About Finch

Finch is the universal API for Payroll and HR

Monthly Revenue

$1.0M

+ $250.0K (33.33%)
Total Expenses

$1.0M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

33.33%

=
Rule of 40

33


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Finch CEO Bjorn Espenes on 12/01/2020

Watch the podcast


Headquarters

1215 Wilmington Avenue Salt Lake CityUtahUnited States
Website

finch.com

$Funding$Revenue

Finch Revenue

In 2020, Finch revenue run rate hit $12.0M in revenue.

33.00%▲$9.0M$12.0M

Finch Valuation and Funding History

Finch has raised a total of $125.0K.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
08/25/2020Seed Round$125.0K

Customers

Finch has 250 customers.

Lifetime Months

109

×
Monthly ARPU

$3.0K

=
Lifetime Dollars

$327.3K


Acquisition Cost

$36.0K

Average Annual Price

$36.0K

$0$36.0K12 month payback period024681012

Churn

Finch has an annual churn rate of 11.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-11.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

89.00%

Team

Employees

Finch has 74 employees. They have 12 sales reps that carry a quota, an engineering team of 8 and a marketing team of 5.

20182019202016.00%▲-8.00%▼
DistributionQty

Total Team Size

74

Engineers

8 (11%)

Sales

12 (16%)

Marketing

5 (7%)

CEO/Founder

Bjorn Espenes

The Finch Advertising Management platform empowers marketers to scale their companies according to the unique goals that matters the most to them. The platform combines automation, insights, and workflow/collaboration in a transparent way that gives the marketer control of their advertising programs. Born and raised in Norway, lived in Austria (Kitzbuhel), France (Nice), Italy (Limone Piemonte) and the US (Park City).


CEO Q&A

What's your age?

53

Favorite online tool?

Linkedin

Favorite book?

Good To Great

Favorite CEO?

Marc Benioff

Advice for 20 year old self

Don't worry what others think


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Frequently Asked Questions about Finch

When was Finch founded?

Finch was founded in 2009.


Who is the CEO of Finch?

The CEO of Finch is Bjorn Espenes


How many employees does Finch have?

Finch has 74 employees.

How much revenue does Finch generate?

Finch generates $12.0M in revenue.


How much funding does Finch have?

Finch has raised $125.0K.


Where is Finch headquarters?

Finch is headquartered at 1215 Wilmington Avenue Salt Lake CityUtahUnited States

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