Floatbot logo
Founded 2017

Floatbot

2020 Revenue

$2.0M

YOY

67.67%

Funding

$0.0

How Floatbot hit $2.0M in Revenue with 14 Customers in 2020.

About Floatbot

Platform for development of AI Chatbots and Voicebot

Monthly Revenue

$166.7K

+ $67.3K (67.67%)
Total Expenses

$166.6K

=
Net Income

$30.0

Ebidta Margin

0.02%

+
YOY Growth

67.67%

=
Rule of 40

68


Headquarters

No. 150 HAL Old Airport Road BengaluruKarnatakaUnited States
$Funding$Revenue

Floatbot Revenue

In 2020, Floatbot revenue run rate hit $2.0M in revenue.

68.00%▲$1.2M$2.0M

Floatbot Valuation and Funding History

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

Customers

Floatbot has 14 customers.

Lifetime Months

240

×
Monthly ARPU

$7.1K

=
Lifetime Dollars

$1.7M


Acquisition Cost

Average Annual Price

$85.2K

$0$85.2K024681012

Churn

Floatbot has an annual churn rate of 5.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-5.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

95.00%

Team

Employees

Floatbot has 20 employees. They have 3 sales reps that carries a quota, an engineering team of 5 and a marketing team of 2.

20192020-65.00%▼
DistributionQty

Total Team Size

20

Engineers

5 (25%)

Sales

0

Marketing

2 (10%)

CEO/Founder

Jimmy Padia

Computer Engineering Graduate from VJTI, top 10 Indian college. Ex-General Electric IT Project leader. Graduated from GE's elite IT leadership program, IMLP. Worked across Oracle, BI, Sales, HR technologies in different business verticals of GE at India, China and USA [including Puerto Rico] A technology entrepreneur at heart, Jimmy started IT services company developing Web, Mobile and VOIP applications in 2011 under JPC Technologies. Jimmy was able to grow the company 100% YoY. Jimmy wanted to work on more innovative and challenging solutions, and thought of jumping into AI in 2017.


CEO Q&A

What's your age?

35

Favorite online tool?

Hubspot

Favorite book?

The Discipline Entrepreneur

Favorite CEO?

CEO Whatfix

Advice for 20 year old self

Start faster


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Frequently Asked Questions about Floatbot

When was Floatbot founded?

Floatbot was founded in 2017.


Who is the CEO of Floatbot?

The CEO of Floatbot is Jimmy Padia


How many employees does Floatbot have?

Floatbot has 20 employees.

How much revenue does Floatbot generate?

Floatbot generates $2.0M in revenue.


How much funding does Floatbot have?

Floatbot has raised $0.0.


Where is Floatbot headquarters?

Floatbot is headquartered at No. 150 HAL Old Airport Road BengaluruKarnatakaUnited States

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