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Grain revenue is $2.8 million

Grain team size is 27 employees


How did Latka collect this data?

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Latka collected this data by interviewing Grain CEO Mike Adams on 05/12/2021

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Grain

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How Grain hit $2.8M Revenue with 300 customers in 2022.

Transcribe, annotate, and share the best moments of your virtual meetings.

Founded

2018

Founded

Revenue

$2.8M

2022 Revenue

YOY
-----

YOY

Funding

$20M

Funding


Grain Revenue

In 2022, Grain revenue run rate hit $2.8M in revenue.

  • 2022

    Grain hit $2.8M in revenue this year

  • 2021

    Grain hit $480K in revenue in 2021

  • 2021

    Grain hit $240K in revenue in 2021

  • 2018

    Grain launched in 2018 with $0 revenue

100.00% ▲491.00% ▲$240K$480K$2.8M

Grain Funding History

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

  • 2022 Series A

    Grain raised a Series A of $16M

  • 2020 Seed Round

    Grain raised a Seed Round of $4M

FUNDING DATEROUNDAMOUNTVALUATION
04/12/2022 Series A $16M
04/17/2020 Seed Round $4M

Team

Grain has 27 total employees They have 300 customers an engineering team of 12

2021202280▲
DISTRIBUTIONQTY
Total team size
27
Engineer
12(44%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Mike Adams

Mike Adams is the CEO and Co-founder of Grain — a tool that empowers remote teams to record, transcribe, annotate, and share the most important moments from virtual meetings in a highlight reel. He previously co-founded Degreed and MissionU (Acq. by WeWork). Mike believes that recorded conversations and the spoken knowledge they generate fundamentally expand our ability to listen, empathize and connect with each other.

Q&A

What`s your age?

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Favorite online tool?

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Favorite book?

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Favorite CEO?

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Advice for 20 year old self

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Customers

Grain has 300 customers.

Lifetime Months

-

x

Monthly ARPU

$60

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Grain has an annual churn rate of 10.00%.

-100-500%50100

Gross Annual Dollar Churn

-10.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Grain

Monthly Revenue

$236.3K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

490.63%

=

Rule of 40

491


Grain Board of Directors

NamePosition

Grain Executives

NamePosition
Mike Adams CEO

Grain Employees

NamePosition
Mike Adams CEO

Frequently Asked Questions about Grain

When was Grain founded?

Grain was founded in 2018.

How much revenue does Grain generate?

Grain generates $2.8M in revenue.

Who is the CEO of Grain?

The CEO of Grain is Mike Adams.

How much funding does Grain have?

Grain was raised $20M.

How many employees does Grain have?

Grain has raised 27 employees.

Where is Grain headquarters?

Grain headquater is at United States