Impower Solutions logo
Founded 2011

Impower Solutions

 
2018 Revenue

$1.0M

YOY

Funding

$3.0M

Overview

About Impower Solutions

Monthly Revenue

$83.3K

Total Expenses

$83.3K

=
Net Income

$0.0

Ebidta Margin

0%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Impower Solutions CEO Adi Bittan on 10/29/2018.

Watch the podcast


Headquarters

771 18th Avenue Menlo ParkCaliforniaUnited States

Impower Solutions Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Impower Solutions revenue run rate hit $1.0M in revenue.

$1.0M

Funding History

Impower Solutions has raised $3.0M.

Funding DateRoundTotalValuation
10/29/2018$3.0M

Customers

Impower Solutions has 2K customers.

Lifetime Months

33

×
Monthly ARPU

$41.7

=
Lifetime Dollars

$1.4K


Acquisition Cost

$336.0

Average Annual Price

$499.0

$0$499.08 month payback period024681012

Churn

Impower Solutions has an annual churn rate of 36%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-36%

Annual Dollar Expansion

+38%

Net Revenue Retention

102%

Team

Employees

Impower Solutions has 12 employees..

122018
DistributionQty

All

12

Engineers

0

Quota Carrying

0

CEO/Founder

Adi Bittan

Adi Bittan founded OwnerListens.com and IMPOWER Solutions because of her passion for helping local businesses and for providing great customer service. She believes both business owners and customers benefit from communicating directly through OwnerListens instead of exchanging public blows online. With her partner, Oren Dobronsky (of Oren’s Hummus Shop fame), Adi designed an innovative distribution method to crack the elusive local businesses market. A big believer in giving back, Adi mentors student entrepreneurs at Stanford and Berkeley in addition to her work with UpWest startups. She specializes in customer development and lean startup methodologies she learned from her mentor, Steve Blank and recommends all founders read his blog. Prior to OwnerListens, Adi founded Stat Capital and worked at Clarium Capital, Google and as a regulator for the Israeli government. Adi holds an MBA from Stanford Graduate School of Business, an LLB and an LLM (magna cum laude) from the Hebrew University of Jerusalem.


CEO Q&A

What's your age?

41

Favorite online tool?

Slack

Favorite book?

High Growth Handbook

Favorite CEO?

Max Levchin

Advice for 20 year old self

start sooner


Frequently Asked Questions about Impower Solutions

When was Impower Solutions founded?

Impower Solutions was founded in 2011.


Who is the CEO of Impower Solutions?

The CEO of Impower Solutions is Adi Bittan


How many employees does Impower Solutions have?

Impower Solutions has 12 employees.

How much revenue does Impower Solutions generate?

Impower Solutions generates $1.0M in revenue.


How much funding does Impower Solutions have?

Impower Solutions has raised $3.0M.


Where is Impower Solutions headquarters?

Impower Solutions is headquartered at 771 18th Avenue Menlo ParkCaliforniaUnited States

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