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Idealspot revenue is $804k

Idealspot team size is 10 employees


How did Latka collect this data?

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Latka collected this data by interviewing Idealspot CEO Marc Smookler on 07/30/2015

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Idealspot

902-East 5th Street Austin, Texas, United States

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How Idealspot hit $804K Revenue with 100 customers in 2022.

The IdealSpot algorithm analyzes thousands of demographic, psychographic, social, mobile, and traffic data points for every retail location, store, office, or restaurant. It then tells you, without human bias, if the location is ideal for your business...

Founded

2015

Founded

Revenue

$804K

2022 Revenue

YOY
-----

YOY

Funding

$2.3M

Funding


Idealspot Revenue

In 2022, Idealspot revenue run rate hit $804K in revenue.

  • 2018

    Idealspot hit $804K in revenue in 2018

  • 2015

    Idealspot launched in 2015 with $0 revenue

$804K

Idealspot Funding History

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

  • 2016 Seed Round

    Idealspot raised a Seed Round of $1.3M

  • 2015 Seed Round

    Idealspot raised a Seed Round of $1M

FUNDING DATEROUNDAMOUNTVALUATION
09/01/2016 Seed Round $1.3M
07/30/2015 Seed Round $1M

Team

Idealspot has 10 total employees They have 100 customers

2018
DISTRIBUTIONQTY
Total team size
10
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Marc Smookler

Marc Smookler has founded 6 companies 2 of which have been acquired and 3 of which are market leaders in their respective spaces the leading brick-and-mortar retail analytics company (IdealSpot.com), a leading online retailer (SakeSocial.com), and a cutting-edge marketing services platform (Written.com). Marc’s companies have generated over $300M in lifetime revenues and sold over 150,000 products worldwide. His current focus, IdealSpot, matches brick-and-mortar businesses to their ideal locations by mapping local demand for their product or service. Marc is also a partner/mentor for Austin tech incubator/fund(s) Capital Factory and Techstars, and invests and serves as a board member/advisor for a number of companies in the B2SMB/B2C spaces.

Q&A

What`s your age?

41

Favorite online tool?

20:25 Google Analytics

Favorite book?

Dont' sweat the small stuff

Favorite CEO?

no

Advice for 20 year old self

Don't worry about failure


Customers

Idealspot has 100 customers.

Lifetime Months

60

x

Monthly ARPU

$670

=

Lifetime Dollar

$40.2K

Acquisition Cost

$15K

Average Annual Price

$8K

$0$8K22 month payback period0246810121416182022
$0$8K22 month payback period0246810121416182022

Churn

Idealspot has an annual churn rate of 20.00%.

-100-500%50100

Gross Annual Dollar Churn

-20.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

80.00%


About Idealspot

Monthly Revenue

$67K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Idealspot Board of Directors

NamePosition

Idealspot Executives

NamePosition
Marc Smookler CEO

Idealspot Employees

NamePosition
Marc Smookler CEO

Frequently Asked Questions about Idealspot

When was Idealspot founded?

Idealspot was founded in 2015.

How much revenue does Idealspot generate?

Idealspot generates $804K in revenue.

Who is the CEO of Idealspot?

The CEO of Idealspot is Marc Smookler.

How much funding does Idealspot have?

Idealspot was raised $2.3M.

How many employees does Idealspot have?

Idealspot has raised 10 employees.

Where is Idealspot headquarters?

Idealspot headquater is at United States