Firsthive logo
Founded 2016

Firsthive

2019 Revenue

$2.4M

YOY

103.00%

Funding

$500.0K

Overview

About Firsthive

Cross Channel B2C Customer Engagement & Marketing Automation Product

Monthly Revenue

$203.0K

Total Expenses

$203.0K

=
Net Income

$1.0

Ebidta Margin

0.00%

+
YOY Growth

103.00%

=
Rule of 40

103


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Firsthive CEO Aditya Bhamidipaty on 05/21/2019.

Watch the podcast


Headquarters

BengaluruKarnatakaIndia

Firsthive Revenue vs Funding

$Funding$Revenue

Revenue

In 2019, Firsthive revenue run rate hit $2.4M in revenue.

$2.4M

Funding History

Firsthive has raised $500.0K.

Funding DateRoundTotalValuation
05/21/2019$500.0K

Customers

Firsthive has 29 customers.

Lifetime Months

400

×
Monthly ARPU

$7.0K

=
Lifetime Dollars

$2.8M


Acquisition Cost

$20.0K

Average Annual Price

$84.0K

$0$84.0K3 month payback period024681012

Churn

Firsthive has an annual churn rate of 3%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-3.00%

Annual Dollar Expansion

+40.00%

Net Revenue Retention

137.00%

Team

Employees

Firsthive has 40 employees..

2019
DistributionQty

Other

40

Engineers

0

Quota Carrying

0

CEO/Founder

Aditya Bhamidipaty

Aditya Bhamidipaty is the CEO and Co-founder, FirstHive, the company he co-founded with Srikanth Chanduri in 2009. Aditya acquired his engineering bachelors from JNTU and Post Graduate Diploma in Management from IIM-Ahmedabad. He began his career with Proctor and Gamble (P&G) and soon moved into a leadership role where he was responsible for the southern region. He turned around a loss making region into a profitable one in record time and also the highest growth area for P&G. He also worked with iGate in London before moving back to India to set up Emart Solutions.


CEO Q&A

What's your age?

39

Favorite online tool?

Zoom

Favorite book?

Hard Thing about hard things

Favorite CEO?

None

Advice for 20 year old self

Get married earlier


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Frequently Asked Questions about Firsthive

When was Firsthive founded?

Firsthive was founded in 2016.


Who is the CEO of Firsthive?

The CEO of Firsthive is Aditya Bhamidipaty


How many employees does Firsthive have?

Firsthive has 40 employees.

How much revenue does Firsthive generate?

Firsthive generates $2.4M in revenue.


How much funding does Firsthive have?

Firsthive has raised $500.0K.


Where is Firsthive headquarters?

Firsthive is headquartered at BengaluruKarnatakaIndia

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