Ikizmet logo
Founded 2015

Ikizmet

2018 Revenue

$1.2M

YOY

Funding

$755.0K

How Ikizmet hit $1.2M in Revenue with 1K Customers in 2018.

About Ikizmet

delivers insights to boutique fitness studio owners

Monthly Revenue

$99.0K

Total Expenses

$99.0K

=
Net Income

-$1.0

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 Ikizmet CEO Andres Moran on 12/12/2018

Watch the podcast


Headquarters

265 South Street San Luis ObispoCaliforniaUnited States
$Funding$Revenue

Ikizmet Revenue

In 2018, Ikizmet revenue run rate hit $1.2M in revenue.

$1.2M

Ikizmet Valuation and Funding History

Ikizmet has raised a total of $755.0K.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
09/01/2016Venture Round$755.0K

Customers

Ikizmet has 1K customers.

Lifetime Months

100

×
Monthly ARPU

$99.0

=
Lifetime Dollars

$9.9K


Acquisition Cost

$500.0

Average Annual Price

$1.2K

$0$1.2K5 month payback period024681012

Churn

Ikizmet has an annual churn rate of 12.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

88.00%

Team

Employees

Ikizmet has 9 employees.

2018
DistributionQty

Total Team Size

9

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Andres Moran

Andres is the CEO and Founder of iKizmet that delivers business analytics and insights to boutique fitness studio owners. With over 500,000 business in the fitness and wellness space iKizmet is making valuable data analysis tools affordable for small business owners to help them make data driven decisions faster without the complexity while helping to grow their businesses. Andres has been in the fitness and wellness space for over 15 years and was a founding member at MINDBODY helping build a world class sales and business development organization.


CEO Q&A

What's your age?

42

Favorite online tool?

Quickbooks

Favorite book?

Chrossing The Chasm

Favorite CEO?

Rick Mindbody

Advice for 20 year old self

Appreciate the good moments!


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Frequently Asked Questions about Ikizmet

When was Ikizmet founded?

Ikizmet was founded in 2015.


Who is the CEO of Ikizmet?

The CEO of Ikizmet is Andres Moran


How many employees does Ikizmet have?

Ikizmet has 9 employees.

How much revenue does Ikizmet generate?

Ikizmet generates $1.2M in revenue.


How much funding does Ikizmet have?

Ikizmet has raised $755.0K.


Where is Ikizmet headquarters?

Ikizmet is headquartered at 265 South Street San Luis ObispoCaliforniaUnited States

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