Idealspot logo
Founded 2015

Idealspot

2018 Revenue

$804.0K

YOY

Funding

$2.3M

How Idealspot hit $804.0K in Revenue with 100 Customers in 2018.

About Idealspot

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...

Monthly Revenue

$67.0K

Total Expenses

$67.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Idealspot CEO Marc Smookler on 01/07/2018

Watch the podcast


Headquarters

902 East 5th Street AustinTexasUnited States
$Funding$Revenue

Idealspot Revenue

In 2018, Idealspot revenue run rate hit $804.0K in revenue.

$804.0K

Idealspot Valuation and Funding History

Idealspot has raised a total of $2.3M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
09/01/2016Seed Round$1.3M
07/30/2015Seed Round$1.0M

Customers

Idealspot has 100 customers.

Lifetime Months

60

×
Monthly ARPU

$670.0

=
Lifetime Dollars

$40.2K


Acquisition Cost

$15.0K

Average Annual Price

$8.0K

$0$8.0K22 month payback period0246810121416182022

Churn

Idealspot has an annual churn rate of 20.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-20.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

80.00%

Team

Employees

Idealspot has 10 employees.

2018
DistributionQty

Total Team Size

10

Engineers

0

Sales

0

Marketing

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.


CEO 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


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Frequently Asked Questions about Idealspot

When was Idealspot founded?

Idealspot was founded in 2015.


Who is the CEO of Idealspot?

The CEO of Idealspot is Marc Smookler


How many employees does Idealspot have?

Idealspot has 10 employees.

How much revenue does Idealspot generate?

Idealspot generates $804.0K in revenue.


How much funding does Idealspot have?

Idealspot has raised $2.3M.


Where is Idealspot headquarters?

Idealspot is headquartered at 902 East 5th Street AustinTexasUnited States

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