Chicago, Illinois, United States
Visible.vc is a Chicago-based SaaS company founded in 2014 that provides investor reporting and portfolio update software for startups and growth-stage companies. The platform integrates with tools such as Salesforce, HubSpot, Stripe, Google Analytics, and Mixpanel to automate the consolidation and visualization of KPIs, which companies then distribute to investors and stakeholders via email, Slack, and shareable links. As of late 2018, Visible.vc had approximately 2,000 organizations using the platform, of which roughly 600 were paying customers, representing about one-third of total users. The company had just crossed $1 million in annualized recurring revenue, growing at approximately 200 percent year over year, with a monthly ARPU of $150 and gross revenue churn of 2.5 percent annually. The company raised a total of $1.1 million, including a roughly $1 million venture round and a smaller initial tranche, and has operated with a lean team of five full-time employees distributed across Chicago, Indianapolis, Dublin, and other locations. Visible.vc was co-founded by Mike Preuss, who serves as CEO, alongside Kristian Andersen and a third partner, and grew out of an early relationship with the High Alpha venture studio in Indianapolis.
- Revenue
- $7.2M
- Customers
- 600
- Year founded
- 2016
- Funding
- $1.5M
- Team size
- 17