2019 Revenue

$120.0M

YOY

122.22%

Funding

$468.0M

Overview

About Gitlab

GitLab is a complete DevOps platform, delivered as a single application.

Monthly Revenue

$10.0M

+ $5.5M (122.22%)
Total Expenses

$10.0M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

122.22%

=
Rule of 40

122


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Gitlab CEO Sid Sijbrandij on 09/24/2019.

Watch the podcast


Headquarters

727 Sansome Street 1st floor San FranciscoCaliforniaUnited States

Gitlab Revenue vs Funding

$Funding$Revenue

Revenue

In 2019, Gitlab revenue run rate hit $120.0M in revenue.

122.00%▲$54.0M$120.0M

Funding History

Gitlab has raised $468.0M.

Funding DateRoundTotalValuation
09/24/2019$468.0M
04/24/2018$40.0M

Customers

Gitlab has 10K customers.

Lifetime Months

120

×
Monthly ARPU

$1.0K

=
Lifetime Dollars

$120.0K


Acquisition Cost

Average Annual Price

$12.0K

$0$12.0K024681012

Churn

Gitlab has an annual churn rate of 10%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-10.00%

Annual Dollar Expansion

+60.00%

Net Revenue Retention

150.00%

Team

Employees

Gitlab has 900 employees.They have 55 sales reps that carry a quota and an engineering team of 393.

20182019237.00%▲
DistributionQty

Other

452

Engineers

393 (44%)

Quota Carrying

55 (6%)

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.


CEO 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


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Frequently Asked Questions about Gitlab

When was Gitlab founded?

Gitlab was founded in 2012.


Who is the CEO of Gitlab?

The CEO of Gitlab is Sid Sijbrandij


How many employees does Gitlab have?

Gitlab has 900 employees.

How much revenue does Gitlab generate?

Gitlab generates $120.0M in revenue.


How much funding does Gitlab have?

Gitlab has raised $468.0M.


Where is Gitlab headquarters?

Gitlab is headquartered at 727 Sansome Street 1st floor San FranciscoCaliforniaUnited States

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