How Gumroad hit $11.1M revenue and 27K customers in 2023.
Gumroad is an online platform that enables creators to sell digital products directly to their audience. The platform provides tools for creators to build and customize their own online stores, manage customer data, and process payments. Creators can sell a range of digital products, including ebooks, music, software, courses, and more. Gumroad's platform also includes features for marketing, analytics, and customer support. The company was founded in 2012 and is headquartered in San Francisco, California. It has become a popular choice for independent creators looking for an easy-to-use platform to sell their digital products and connect with their audience.
2012
Founded
$11.1M
2023 Revenue
9.52%
YOY
$25.1M
Funding
Gumroad Revenue
In 2023, Gumroad revenue run rate hit $11.1M in revenue.
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2023
Gumroad hit $11.1M in revenue in 2023
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2022
Gumroad hit $10.2M in revenue in 2022
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2021
Gumroad hit $9.7M in revenue in 2021
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2020
Gumroad hit $9.2M in revenue in 2020
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2019
Gumroad hit $6M in revenue in 2019
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2012
Gumroad launched in 2012 with $0 revenue
Gumroad Funding History
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2021 Equity Crowdfunding
Gumroad raised a Equity Crowdfunding of in March, 2021
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2021 Angel Round
Gumroad raised a Angel Round of in March, 2021
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2015 Series B
Gumroad raised a Series B of in January, 2015
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2012 Series A
Gumroad raised a Series A of in May, 2012
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2012
Gumroad raised a of in May, 2012
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2012 Seed Round
Gumroad raised a Seed Round of in February, 2012
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2011
Gumroad raised a of in September, 2011
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2011
Gumroad raised a of in September, 2011
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| March, 17 2021 | Equity Crowdfunding | ||
| March, 15 2021 | Angel Round | ||
| January, 01 2015 | Series B | ||
| May, 07 2012 | Series A | ||
| May, 07 2012 | |||
| February, 08 2012 | Seed Round | ||
| September, 30 2011 | |||
| September, 30 2011 |
Team
Gumroad has 118 total employees and 6 sales reps that carry a quota. They have 27,000 customers an engineering team of 7 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 118 |
| Engineer | 7 (6%) |
| Sales | 6 (5%) |
| Marketing | 2 (2%) |
Founder / CEO
Sahil Lavingia
Sahil is the founder and CEO of Gumroad, a service that helps creators get paid for their work. They've sent over $200,000,000 to creators. Before starting Gumroad, he was the second employee of Pinterest.
Q&A
-
What's your age?
27
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Favorite online tool?
Notion
-
Favorite book?
Thinking Fast and Slow
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Favorite CEO?
Austen Lambda
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Advice for 20 year old self
Don't second gues
Customers
Churn
Gumroad Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sahil Lavingia | CEO | [email protected] | - |
Gumroad Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Sahil Lavingia | CEO | [email protected] | - |
| Raymond Tonsing | Investor | [email protected] | - |
Frequently Asked Questions about Gumroad
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When was Gumroad founded?
Gumroad was founded in 2012.
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How much revenue does Gumroad generate?
Gumroad generates $11.1M in revenue.
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Who is the CEO of Gumroad
The CEO of Gumroad is Sahil Lavingia.
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How much funding does Gumroad have?
Gumroad raised $25.1M.
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How many employees does Gumroad have?
Gumroad has 118 employees.
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Where is Gumroad headquarters?
Gumroad is headquartered at 1640 17th St., San Francisco, California, 84601, United States
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