Gitlab revenue is $233 million
Gitlab is worth $6 billion valuation
Gitlab team size is 1350 employees
How did Latka collect this data?
Latka collected this data by interviewing Gitlab CEO Sid Sijbrandij on 12/01/2014
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Gitlab
727-Sansome Street San Francisco, California, United States
How Gitlab hit $233M Revenue with 4K customers in 2023.
GitLab is a complete DevOps platform, delivered as a single application.
2012
Founded
$233M
2023 Revenue
YOY
$1.4B
Funding
Gitlab Revenue
In 2023, Gitlab revenue run rate hit $233M in revenue.
2021
Gitlab hit $233M in revenue in 2021
2021
Gitlab hit $200M in revenue in 2021
2019
Gitlab hit $120M in revenue in 2019
2012
Gitlab launched in 2012 with $0 revenue
Gitlab Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021
Gitlab raised a of $800.8M
2021 Secondary
Gitlab raised a Secondary of $195M at a $6B valuation in March 2021
2019 Series E
Gitlab raised a Series E of $268M at a $2.8B valuation in September 2019
2018 Series D
Gitlab raised a Series D of $100M at a $1B valuation in September 2018
2017 Series C
Gitlab raised a Series C of $20M at a $180M valuation in October 2017
2016 Series B
Gitlab raised a Series B of $20M at a $70M valuation in September 2016
2015 Series A
Gitlab raised a Series A of $4.5M at a $22.7M valuation in September 2015
2015 Seed Round
Gitlab raised a Seed Round of $1.7M at a $13M valuation in July 2015
2015
Gitlab raised a of $120K at a $1.6M valuation in March 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 10/14/2021 | $800.8M | ||
| 03/10/2021 | Secondary | $195M | $6B |
| 09/24/2019 | Series E | $268M | $2.8B |
| 09/19/2018 | Series D | $100M | $1B |
| 10/09/2017 | Series C | $20M | $180M |
| 09/13/2016 | Series B | $20M | $70M |
| 09/24/2015 | Series A | $4.5M | $22.7M |
| 07/08/2015 | Seed Round | $1.7M | $13M |
| 03/23/2015 | $120K | $1.6M |
Team
Gitlab has 1350 total employees and 270 sales reps that carry a quota. They have 3632 customers an engineering team of 365 and a marketing team of 59
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1350 |
| Engineer | 365(27%) |
| Sales | 270(20%) |
| Marketing | 59(4%) |
CEO/Founder
Sid Sijbrandij
Sid’s passionate about empowering open source, enabling great products, and evolving global processes. A self-taught Ruby developer, Sid commercialized GitLab with its creator in 2012 and graduated from Y-Combinator in 2015. Since then, GitLab has grown to 800+ remote team members across 55+ countries, and raised $188.2M in funding.
Q&A
What`s your age?
40
Favorite online tool?
Slack
Favorite book?
High output management
Favorite CEO?
Austen, Lambda
Advice for 20 year old self
its all ok
Customers
Gitlab has 4K customers.
Lifetime Months
120
x
Monthly ARPU
$1K
=
Lifetime Dollar
$120K
Acquisition Cost
-
Average Annual Price
$12K
Churn
Gitlab has an annual churn rate of 10.00%.
Gross Annual Dollar Churn
-10.00%
Annual Dollar Expansion
60.00%
Net Revenue Retention
150.00%
About Gitlab
Monthly Revenue
$19.4M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Gitlab Board of Directors
| Name | Position |
|---|---|
| Dave Munichiello | Board Observer |
| Sue Bostrom | Board of Directors |
| Karen Blasing | Board of Directors |
| Godfrey Sullivan | Board of Directors |
| Sid Sijbrandij | Co-founderChief Executive Officer (CEO)Board of Directors |
| George Hoyem | Board Observer |
| David Hornik | Board of Directors |
| Bruce Armstrong | Board of Directors |
| Kyle Doherty | Board Observer |
| Matt Mullenweg | Board Observer |
| Matthew Jacobson | Board of Directors |
Gitlab Executives
| Name | Position |
|---|---|
| Sid Sijbrandij | CEO |
| Stella Treas | Chief Of Staff |
| Sid Sijbrandij | Co-founderChief Executive Officer (CEO)Board of Directors |
| Robin Schulman | Chief Legal OfficerCorporate Secretary |
| Michael McBride McBride | Chief Revenue Officer |
| Paul Machle | Chief Financial Officer |
| Brian Robins | Chief Financial Officer |
| Todd Barr | Chief Marketing Officer |
Gitlab Employees
| Name | Position |
|---|---|
| Sid Sijbrandij | CEO |
| Marie June | Co-founder |
| Stella Treas | Chief Of Staff |
| Dave Munichiello | Board Observer |
| Sue Bostrom | Board of Directors |
| Karen Blasing | Board of Directors |
| Godfrey Sullivan | Board of Directors |
| Sid Sijbrandij | Co-founderChief Executive Officer (CEO)Board of Directors |
| George Hoyem | Board Observer |
| Robin Schulman | Chief Legal OfficerCorporate Secretary |
| Michael McBride McBride | Chief Revenue Officer |
| David Hornik | Board of Directors |
| Bruce Armstrong | Board of Directors |
| Kyle Doherty | Board Observer |
| Matt Mullenweg | Board Observer |
| Paul Machle | Chief Financial Officer |
| Matthew Jacobson | Board of Directors |
| Brian Robins | Chief Financial Officer |
| Todd Barr | Chief Marketing Officer |
Frequently Asked Questions about Gitlab
When was Gitlab founded?
Gitlab was founded in 2012.
How much revenue does Gitlab generate?
Gitlab generates $233M in revenue.
Who is the CEO of Gitlab?
The CEO of Gitlab is Sid Sijbrandij.
How much funding does Gitlab have?
Gitlab was raised $1.4B.
How many employees does Gitlab have?
Gitlab has raised 1350 employees.
Where is Gitlab headquarters?
Gitlab headquater is at United States