Inspectionxpert logo
Founded 2004

Inspectionxpert

2018 Revenue

$3.1M

YOY

Funding

$0.0

Overview

About Inspectionxpert

Digital transformation for precision manufacturers

Monthly Revenue

$258.3K

Total Expenses

$258.3K

=
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 Inspectionxpert CEO Jeff Cope on 12/01/2019

Watch the podcast


Headquarters

56 Hunter Street ApexNorth CarolinaUnited States

Inspectionxpert Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Inspectionxpert revenue run rate hit $3.1M in revenue.

$3.1M

Customers

Inspectionxpert has 2K customers.

Lifetime Months

150

×
Monthly ARPU

$129.0

=
Lifetime Dollars

$19.4K


Acquisition Cost

$1.5K

Average Annual Price

$1.5K

$0$1.5K12 month payback period024681012

Churn

Inspectionxpert has an annual churn rate of 8.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-8.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

92.00%

Team

Employees

Inspectionxpert has 23 employees. They have 3 sales reps that carry a quota They have an engineering team of 5. and a marketing team of 3.

2018201915.00%▲
DistributionQty

Total Team Size

23

Engineers

5 (22%)

Sales

3 (13%)

Marketing

3 (13%)

CEO/Founder

Jeff Cope

Jeff Cope, Founder and CEO of InspectionXpert, has a passion for helping precision manufacturers transform inefficient, paper procedures into efficient, standardized, fully traceable and secure digital processes. Having made the transition from a manufacturing engineer to mechanical design engineer earlier in his career, Jeff was uniquely placed to quickly grasp the challenges facing precision manufacturers in their day-to-day operations. Jeff identified a glaring gap in the market for a quality inspection software which would help precision manufacturers eliminate paper in the manufacturing and quality inspection process. Teaching himself how to code, Jeff wrote the first InspectionXpert programme in 2004 which simplified quality checking processes and ensured a greater accountability over the QA chain. InspectionXpert was born, and today the company counts the likes of Pratt & Whitney, Kohler, Boeing, Airbus, NASA and Virgin Galactica as part of its 1,000 strong, global client base.


CEO Q&A

What's your age?

46

Favorite online tool?

Balsamiq

Favorite book?

Blue Ocean Strategy

Favorite CEO?

Tony Shea

Advice for 20 year old self

Take more risk early on


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Frequently Asked Questions about Inspectionxpert

When was Inspectionxpert founded?

Inspectionxpert was founded in 2004.


Who is the CEO of Inspectionxpert?

The CEO of Inspectionxpert is Jeff Cope


How many employees does Inspectionxpert have?

Inspectionxpert has 23 employees.

How much revenue does Inspectionxpert generate?

Inspectionxpert generates $3.1M in revenue.


How much funding does Inspectionxpert have?

Inspectionxpert has raised $0.0.


Where is Inspectionxpert headquarters?

Inspectionxpert is headquartered at 56 Hunter Street ApexNorth CarolinaUnited States

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