Gitlab logo
Founded 2012

Gitlab

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

-$1.0

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 12/01/2020

Watch the podcast


Headquarters

727 Sansome Street 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

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

Gitlab has raised $468.0M.

Funding DateRoundTotalValuation
08/18/2016$18.8M
08/28/2015$5.7M

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 10.00%

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 1,289 employees. They have 270 sales reps that carry a quota, an engineering team of 365 and a marketing team of 59.

201820192020239.00%▲38.00%▲
DistributionQty

Total Team Size

1289

Engineers

365 (28%)

Sales

270 (21%)

Marketing

59 (5%)

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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Gitlab Board of Directors

NamePosition
Matt MullenwegBoard Observer
Dave MunichielloBoard Observer
Kyle DohertyBoard Observer
George HoyemBoard Observer
David HornikBoard of Directors
Bruce ArmstrongBoard of Directors
Karen BlasingBoard of Directors
Sue BostromBoard of Directors
Godfrey SullivanBoard of Directors
Sid SijbrandijCo-founder, Chief Executive Officer (CEO), Board of Directors

Gitlab Executives

NamePosition
Paul MachleChief Financial Officer
Brian RobinsChief Financial Officer
Robin SchulmanChief Legal Officer, Corporate Secretary
Todd BarrChief Marketing Officer
Stella TreasChief Of Staff
Michael McBride McBrideChief Revenue Officer
Sid SijbrandijCo-founder, Chief Executive Officer (CEO), Board of Directors

Gitlab Employees

NamePosition
Marie JuneCo-founder

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 1,289 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 San FranciscoCaliforniaUnited States

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