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Firsthive revenue is $2.4 million

Firsthive team size is 40 employees

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Firsthive

- Bengaluru, Karnataka, United States

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How Firsthive hit $2.4M Revenue with 29 customers in 2022.

Cross Channel B2C Customer Engagement & Marketing Automation Product

Founded

2016

Founded

Revenue

$2.4M

2022 Revenue

YOY

0.00%

YOY

Funding
$0.0

Funding


Firsthive Revenue

In 2022, Firsthive revenue run rate hit $2.4M in revenue.

  • 2019

    Firsthive hit $2.4M in revenue in 2019

  • 2016

    Firsthive launched in 2016 with $0 revenue

$2.4M

Firsthive Funding History

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

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Firsthive has 40 total employees They have 29 customers

    2019
    DISTRIBUTIONQTY
    Total team size
    40
    Engineer
    0(0%)
    Sales
    0(0%)
    Marketing
    0(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.

    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


    Customers

    Firsthive has 29 customers.

    Lifetime Months

    400

    x

    Monthly ARPU

    $7K

    =

    Lifetime Dollar

    $2.8M

    Acquisition Cost

    $20K

    Average Annual Price

    $84K

    $0$84K3 month payback period024681012
    $0$84K3 month payback period024681012

    Churn

    Firsthive has an annual churn rate of 3.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -3.00%

    Annual Dollar Expansion

    40.00%

    Net Revenue Retention

    137.00%


    About Firsthive

    Monthly Revenue

    $203K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Firsthive Board of Directors

    NamePosition

    Firsthive Executives

    NamePosition
    Aditya Bhamidipaty CEO

    Firsthive Employees

    NamePosition
    Aditya Bhamidipaty CEO

    Frequently Asked Questions about Firsthive

    When was Firsthive founded?

    Firsthive was founded in 2016.

    How much revenue does Firsthive generate?

    Firsthive generates $2.4M in revenue.

    Who is the CEO of Firsthive?

    The CEO of Firsthive is Aditya Bhamidipaty.

    How much funding does Firsthive have?

    Firsthive was raised $0.

    How many employees does Firsthive have?

    Firsthive has raised 40 employees.

    Where is Firsthive headquarters?

    Firsthive headquater is at United States



    How did Latka collect this data?

    Play

    Latka collected this data by interviewing Firsthive CEO Aditya Bhamidipaty on 07/01/2022

    Watch the podcast