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Formstack revenue is $41 million

Formstack is worth $1 billion valuation

Formstack team size is 239 employees


How did Latka collect this data?

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Latka collected this data by interviewing Formstack CEO Chris Byers on 09/01/2008

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Formstack

8604-Allisonville Road Indianapolis, Indiana, United States

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How Formstack hit $41M Revenue with 25K customers in 2022.

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.

Founded

2006

Founded

Revenue

$41M

2022 Revenue

YOY
-----

YOY

Funding

$425M

Funding


Formstack Revenue

In 2022, Formstack revenue run rate hit $41M in revenue.

  • 2021

    Formstack hit $41M in revenue in 2021

  • 2020

    Formstack hit $22M in revenue in 2020

  • 2018

    Formstack hit $13.4M in revenue in 2018

  • 2006

    Formstack launched in 2006 with $0 revenue

64.00% ▲86.00% ▲$13.4M$22M$41M

Formstack Funding History

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

  • 2021 Private Equity Round

    Formstack raised a Private Equity Round of $425M at a $1B valuation in November 2021

FUNDING DATEROUNDAMOUNTVALUATION
11/18/2021 Private Equity Round $425M $1B

Team

Formstack has 239 total employees and 54 sales reps that carry a quota. They have 25000 customers an engineering team of 39 and a marketing team of 20

20182020108▲
DISTRIBUTIONQTY
Total team size
239
Engineer
39(16%)
Sales
54(23%)
Marketing
20(8%)

CEO/Founder

Chris Byers

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


Customers

Formstack has 25K customers.

Lifetime Months

-

x

Monthly ARPU

$70

=

Lifetime Dollar

-

Acquisition Cost

$1K

Average Annual Price

$840

$0$84014 month payback period02468101214
$0$84014 month payback period02468101214

Churn

Formstack has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%


About Formstack

Monthly Revenue

$3.4M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

86.36%

=

Rule of 40

86


Formstack Board of Directors

NamePosition

Formstack Executives

NamePosition
Chris Byers CEO

Formstack Employees

NamePosition
Chris Byers CEO

Frequently Asked Questions about Formstack

When was Formstack founded?

Formstack was founded in 2006.

How much revenue does Formstack generate?

Formstack generates $41M in revenue.

Who is the CEO of Formstack?

The CEO of Formstack is Chris Byers.

How much funding does Formstack have?

Formstack was raised $425M.

How many employees does Formstack have?

Formstack has raised 239 employees.

Where is Formstack headquarters?

Formstack headquater is at United States