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Hiverhq,Hiver revenue is $9.6 million

Hiverhq,Hiver is worth $200 million valuation

Hiverhq,Hiver team size is 120 employees

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Hiverhq,Hiver

4290-El Camino Real Los Altos, California, United States

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How Hiverhq,Hiver hit $9.6M Revenue with 2K customers in 2022.

Hiver is a collaboration software product developed by GrexIt, Inc.,.Help desk built for Google workspace

Founded

2011

Founded

Revenue

$9.6M

2022 Revenue

YOY

0.00%

YOY

Funding

$26M

Funding


Hiverhq,Hiver Revenue

In 2022, Hiverhq,Hiver revenue run rate hit $9.6M in revenue.

  • 2022

    Hiverhq,Hiver hit $9.6M in revenue this year

  • 2021

    Hiverhq,Hiver hit $4.2M in revenue in 2021

  • 2018

    Hiverhq,Hiver hit $1.4M in revenue in 2018

  • 2011

    Hiverhq,Hiver launched in 2011 with $0 revenue

204.00% ▲129.00% ▲$1.4M$4.2M$9.6M

Hiverhq,Hiver Funding History

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

  • 2022 Series B

    Hiverhq,Hiver raised a Series B of $22M at a $200M valuation in May 2022

  • 2018 Series A

    Hiverhq,Hiver raised a Series A of $4M

FUNDING DATEROUNDAMOUNTVALUATION
05/26/2022 Series B $22M $200M
10/20/2018 Series A $4M

Team

Hiverhq,Hiver has 120 total employees and 9 sales reps that carry a quota. They have 1700 customers an engineering team of 45 and a marketing team of 7

20182019202020212022175▲-11▼-10▼52▲
DISTRIBUTIONQTY
Total team size
120
Engineer
45(38%)
Sales
9(8%)
Marketing
7(6%)

CEO/Founder

NirajNitesh RanjanNandy

Entrepreneur and Programmer, Founder of http://hiverhq.com Love everything about a technology venture - right from writing code, solving hard tech problems, hiring and motivating people to building great products which can solve real user problems. Nitesh is the CTO and Co-Founder at Hiver, a help desk built for Google workspace. He has been driving the product and technology vision at Hiver and has scaled the platform right from the first customer to thousands of customers who use the product now. He is passionate about building products which are used and loved by people globally.

Q&A

What`s your age?

38

Favorite online tool?

Retool

Favorite book?

Soul of Money

Favorite CEO?

None

Advice for 20 year old self

Experiment more


Customers

Hiverhq,Hiver has 2K customers.

Lifetime Months

50

x

Monthly ARPU

$500

=

Lifetime Dollar

$5.8K

Acquisition Cost

$1.6K

Average Annual Price

$6K

$0$6K3 month payback period024681012
$0$6K3 month payback period024681012

Churn

Hiverhq,Hiver has an annual churn rate of 24.00%.

-100-500%50100

Gross Annual Dollar Churn

-24.00%

Annual Dollar Expansion

48.00%

Net Revenue Retention

124.00%


About Hiverhq,Hiver

Monthly Revenue

$800K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

128.57%

=

Rule of 40

129


Hiverhq,Hiver Board of Directors

NamePosition

Hiverhq,Hiver Executives

NamePosition
NirajNitesh RanjanNandy CEO

Hiverhq,Hiver Employees

NamePosition
NirajNitesh RanjanNandy CEO

Frequently Asked Questions about Hiverhq,Hiver

When was Hiverhq,Hiver founded?

Hiverhq,Hiver was founded in 2011.

How much revenue does Hiverhq,Hiver generate?

Hiverhq,Hiver generates $9.6M in revenue.

Who is the CEO of Hiverhq,Hiver?

The CEO of Hiverhq,Hiver is NirajNitesh RanjanNandy.

How much funding does Hiverhq,Hiver have?

Hiverhq,Hiver was raised $26M.

How many employees does Hiverhq,Hiver have?

Hiverhq,Hiver has raised 120 employees.

Where is Hiverhq,Hiver headquarters?

Hiverhq,Hiver headquater is at United States



How did Latka collect this data?

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Latka collected this data by interviewing Hiverhq,Hiver CEO NirajNitesh RanjanNandy on 06/15/2022

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