Formstack logo
Founded 2006

Formstack

2021 Revenue

$41.0M

YOY

86.36%

Funding

$425.0M

How Formstack hit $41.0M in Revenue with 25K Customers in 2021.

About Formstack

Formstack is a data management solution that helps users collect information through various types of online forms, including surveys, job applications, event registrations, and payment forms.

Monthly Revenue

$3.4M

+ $1.6M (86.36%)
Total Expenses

$3.4M

=
Net Income

$1.0

Ebidta Margin

0.00%

+
YOY Growth

86.36%

=
Rule of 40

86


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Formstack CEO Chris Byers on 11/18/2021

Watch the podcast


Headquarters

8604 Allisonville Road IndianapolisIndianaUnited States
$Funding$Revenue

Formstack Revenue

In 2021, Formstack revenue run rate hit $41.0M in revenue.

64.00%▲86.00%▲$13.4M$22.0M$41.0M

Formstack Valuation and Funding History

Formstack has raised a total of $425.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
11/18/2021Private Equity Round$425.0M$1.0B

Customers

Formstack has 25K customers.

Lifetime Months

×
Monthly ARPU

$70.0

=
Lifetime Dollars


Acquisition Cost

$1.0K

Average Annual Price

$840.0

$0$840.014 month payback period02468101214

Churn

Formstack has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Formstack has 239 employees. They have 54 sales reps that carry a quota, an engineering team of 39 and a marketing team of 20.

20182020108.00%▲
DistributionQty

Total Team Size

239

Engineers

39 (16%)

Sales

54 (23%)

Marketing

20 (8%)

CEO/Founder

Chris Byers


CEO Q&A

What's your age?

40

Favorite online tool?

RJMetrics

Favorite book?

Good to great

Favorite CEO?

Outsiders

Advice for 20 year old self

Build your own life vision


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Frequently Asked Questions about Formstack

When was Formstack founded?

Formstack was founded in 2006.


Who is the CEO of Formstack?

The CEO of Formstack is Chris Byers


How many employees does Formstack have?

Formstack has 239 employees.

How much revenue does Formstack generate?

Formstack generates $41.0M in revenue.


How much funding does Formstack have?

Formstack has raised $425.0M.


Where is Formstack headquarters?

Formstack is headquartered at 8604 Allisonville Road IndianapolisIndianaUnited States

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