Gumroad revenue hit $11.1M in 2023

Gumroad generates revenue from 27000 customers


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Latka collected this data by interviewing Gumroad CEO Sahil Lavingia on Jan 1, 2020

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Gumroad

Gumroad

1640 17th St., San Francisco, California, 84601, United States

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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.

Founded

2012

Founded

Revenue

$11.1M

2023 Revenue

YOY
9.52%

YOY

Funding

$25.1M

Funding


Gumroad Revenue

In 2023, Gumroad revenue run rate hit $11.1M in revenue.

  • 2023

    Gumroad hit $11.1M in revenue in 2023

  • 2022

    Gumroad hit $10.2M in revenue in 2022

  • 2021

    Gumroad hit $9.7M in revenue in 2021

  • 2020

    Gumroad hit $9.2M in revenue in 2020

  • 2019

    Gumroad hit $6M in revenue in 2019

  • 2012

    Gumroad launched in 2012 with $0 revenue


Gumroad Funding History

  • 2021 Equity Crowdfunding

    Gumroad raised a Equity Crowdfunding of $5M at a $100M valuation in March, 2021

  • 2021 Angel Round

    Gumroad raised a Angel Round of $1M in March, 2021

  • 2015 Series B

    Gumroad raised a Series B of $2M in January, 2015

  • 2012 Series A

    Gumroad raised a Series A of $7M in May, 2012

  • 2012

    Gumroad raised a of $7M in May, 2012

  • 2012 Seed Round

    Gumroad raised a Seed Round of $1.1M in February, 2012

  • 2011

    Gumroad raised a of $900K in September, 2011

  • 2011

    Gumroad raised a of $1.1M in September, 2011

FUNDING DATE ROUND AMOUNT VALUATION
March, 17 2021 Equity Crowdfunding $5M $100M
March, 15 2021 Angel Round $1M -
January, 01 2015 Series B $2M -
May, 07 2012 Series A $7M -
May, 07 2012 $7M -
February, 08 2012 Seed Round $1.1M -
September, 30 2011 $900K -
September, 30 2011 $1.1M -

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?

26

Favorite online tool?

Notion

Favorite book?

Thinking Fast and Slow

Favorite CEO?

Austen Lambda

Advice for 20 year old self

Don't second gues


Customers

Gumroad has 27K customers.

Lifetime Months

-

x

Monthly ARPU

$34

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$412


Gumroad Executives

Name Position Working Email Personal Email
Sahil Lavingia CEO sahil.lavingia@gumroad.com -

Gumroad Employees

Name Position Working Email Personal Email
Sahil Lavingia CEO sahil.lavingia@gumroad.com -
Raymond Tonsing Investor rt@caffeinatedcapital.com -

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Frequently Asked Questions about Gumroad

When was Gumroad founded?

Gumroad was founded in 2012.

How much revenue does Gumroad generate?

Gumroad generates $11.1M in revenue.

Who is the CEO of Gumroad?

The CEO of Gumroad is Sahil Lavingia.

How much funding does Gumroad have?

Gumroad raised $25.1M.

How many employees does Gumroad have?

Gumroad has 118 employees.

Where is Gumroad headquarters?

Gumroad is headquartered at 1640 17th St., San Francisco, California, 84601, United States