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Idea Drop revenue is $1.6 million

Idea Drop team size is 22 employees


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Idea Drop

- London, England, United Kingdom

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How Idea Drop hit $1.6M Revenue

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.

Founded

2014

Founded

Revenue

$1.6M

2022 Revenue

YOY
-----

YOY

Funding

$1.8M

Funding


Idea Drop Revenue

In 2022, Idea Drop revenue run rate hit $1.6M in revenue.

  • 2021

    Idea Drop hit $1.6M in revenue in 2021

  • 2014

    Idea Drop launched in 2014 with $0 revenue

$1.6M

Idea Drop Funding History

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

  • 2017

    Idea Drop raised a of $1.5M

  • 2015

    Idea Drop raised a of $170.7K

  • 2014

    Idea Drop raised a of $122K

FUNDING DATEROUNDAMOUNTVALUATION
01/26/2017 $1.5M
12/06/2015 $170.7K
10/17/2014 $122K

Team

Idea Drop has 22 total employees and 1 sales reps that carry a quota.

2021
DISTRIBUTIONQTY
Total team size
22
Engineer
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.

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

Idea Drop has 0 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Idea Drop has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Idea Drop

Monthly Revenue

$137.4K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Idea Drop Board of Directors

NamePosition

Idea Drop Executives

NamePosition
Owen Hunnam CEO

Idea Drop Employees

NamePosition
Owen Hunnam CEO

Frequently Asked Questions about Idea Drop

When was Idea Drop founded?

Idea Drop was founded in 2014.

How much revenue does Idea Drop generate?

Idea Drop generates $1.6M in revenue.

Who is the CEO of Idea Drop?

The CEO of Idea Drop is Owen Hunnam.

How much funding does Idea Drop have?

Idea Drop was raised $1.8M.

How many employees does Idea Drop have?

Idea Drop has raised 22 employees.

Where is Idea Drop headquarters?

Idea Drop headquater is at United Kingdom