Idea Drop logo
Founded 2014

Idea Drop

2021 Revenue

$1.6M

YOY

Funding

$1.8M

How Idea Drop hit $1.6M in Revenue.

About Idea Drop

Developer of an idea management software designed to help organizations and large enterprises capture, develop, evaluate and action ideas submitted by their employees. The company's cloud-based idea management platform is underpinned by a ranking algorithm that scores every idea in real-time based on social signals and interactions.

Monthly Revenue

$137.4K

Total Expenses

$137.4K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

LondonEnglandUnited Kingdom
$Funding$Revenue

Idea Drop Revenue

In 2021, Idea Drop revenue run rate hit $1.6M in revenue.

$1.6M

Idea Drop Valuation and Funding History

Idea Drop has raised a total of $1.8M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
01/26/2017$1.5M
12/06/2015$170.7K
10/17/2014$122.0K

Customers

Idea Drop has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Idea Drop has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Idea Drop has 22 employees. They have 1 sales rep that carries a quota They have an engineering team of 4. and a marketing team of 2.

2021
DistributionQty

Total Team Size

22

Engineers

4 (18%)

Sales

1 (5%)

Marketing

2 (9%)

CEO/Founder

Owen  Hunnam

Award-winning entrepreneur and founder of Idea Drop and Yellowball. Specialities: Technology and innovation; £multi-million P&L and balance sheet responsibility; start-ups; public speaking; TV and radio broadcasting and commentary; business development and relationship management; marketing and brand strategy; cloud-based enterprise systems; copywriting; agile project management.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Idea Drop

When was Idea Drop founded?

Idea Drop was founded in 2014.


Who is the CEO of Idea Drop?

The CEO of Idea Drop is Owen  Hunnam


How many employees does Idea Drop have?

Idea Drop has 22 employees.

How much revenue does Idea Drop generate?

Idea Drop generates $1.6M in revenue.


How much funding does Idea Drop have?

Idea Drop has raised $1.8M.


Where is Idea Drop headquarters?

Idea Drop is headquartered at LondonEnglandUnited Kingdom

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