logo
logo

Fotoware revenue is $6 million

Fotoware team size is 46 employees


How did Latka collect this data?

Play

Latka collected this data by interviewing Fotoware CEO Anne Gretland on 02/12/2018

Watch the podcast
logo

Fotoware

21-Holbergs gate

linkedinwebsite

How Fotoware hit $6M Revenue with 4K customers in 2022.

Simplify your day by organizing your files with our digital asset management software. Cloud or on-premise. Free trial.

Founded

1997

Founded

Revenue

$6M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Fotoware Revenue

In 2022, Fotoware revenue run rate hit $6M in revenue.

  • 2018

    Fotoware hit $6M in revenue in 2018

  • 1997

    Fotoware launched in 1997 with $0 revenue

$6M

Fotoware Funding History

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

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Fotoware has 46 total employees and 1 sales reps that carry a quota. They have 4000 customers an engineering team of 8 and a marketing team of 5

    2018202032▲
    DISTRIBUTIONQTY
    Total team size
    46
    Engineer
    8(17%)
    Sales
    1(2%)
    Marketing
    5(11%)

    CEO/Founder

    Anne Gretland

    As COO of Compello Group, Anne Gretland has been responsible for structuring and organizing the cooperation between the three Compello offices in Germany, Norway, and Sweden and be the link between business units across the group. Before she joined Compello, Gretland has had several leadership positions in Microsoft Norway and Western Europe HQ. Additionally, Gretland is one of the founders of ODA, Nordic’s largest network for women in technology, leading it for more than ten years. She completed her education in communications, marketing and leadership in USA and Norway. ‘In a digital world, it is critical for companies to have a good digital content strategy. Photos, graphics, video and other creative content make up an increasing part of companies’ intellectual resources. This no longer applies only to the large enterprises with millions of visual files; instead, any team needs the right and powerful tools to store, manage, find and share valuable digital content’, says Anne Gretland. In the past 20 years, FotoWare, based in Oslo, has grown internationally with employees in Norway, Australia, Sweden, and Russia, in addition to a partner network with over 150 certified engineers and product experts in 41 countries. The customer footprint encompasses a wide array of industries and brand names such as The Financial Times, The Economist, Marks & Spencer, Australian National Maritime Museum and Polizei Hamburg. ‘I am inspired by the story of FotoWare and their mission to help people to create awesome and important content that empowers millions of people every day. It is impressive to see what they have accomplished so far. They have a solid product portfolio, in addition to having leading brands among their customers, and I am thrilled and excited to contribute to the further growth of FotoWare in the future', says Gretland. ‘Gretland has long experience with working internationally, leading people and businesses. I am thrilled that we are getting this expertise into the company. FotoWare' s innovative and reliable solutions, combined with Gretland's experience, is the perfect match when we are heading into a scalable cloud-first future’, says Ole Christian Frenning, founder and Chairman of FotoWare.

    Q&A

    What`s your age?

    47

    Favorite online tool?

    microsoft office 365 teams

    Favorite book?

    Seven Habits Of Highly Effective People

    Favorite CEO?

    ariana huffington

    Advice for 20 year old self

    Things will turn out ok!


    Customers

    Fotoware has 4K customers.

    Lifetime Months

    400

    x

    Monthly ARPU

    $125

    =

    Lifetime Dollar

    $50K

    Acquisition Cost

    -

    Average Annual Price

    $1.5K

    $0$1.5K024681012
    $0$1.5K024681012

    Churn

    Fotoware has an annual churn rate of 3.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -3.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    97.00%


    About Fotoware

    Monthly Revenue

    $500K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Fotoware Board of Directors

    NamePosition

    Fotoware Executives

    NamePosition
    Anne Gretland CEO

    Fotoware Employees

    NamePosition
    Anne Gretland CEO

    Frequently Asked Questions about Fotoware

    When was Fotoware founded?

    Fotoware was founded in 1997.

    How much revenue does Fotoware generate?

    Fotoware generates $6M in revenue.

    Who is the CEO of Fotoware?

    The CEO of Fotoware is Anne Gretland.

    How much funding does Fotoware have?

    Fotoware was raised $0.

    How many employees does Fotoware have?

    Fotoware has raised 46 employees.

    Where is Fotoware headquarters?

    Fotoware headquater is at Norway