Lately revenue is $948k
Lately is worth $10 million valuation
Lately team size is 7 employees
How did Latka collect this data?
Latka collected this data by interviewing Lately CEO Kate Bradley Chernis on 10/13/2021
Watch the podcast
Lately
- Stone Ridge, New York, United States
How Lately hit $948K Revenue with 358 customers in 2022.
atomizes longform content
2014
Founded
$948K
2022 Revenue
YOY
$4M
Funding
Lately Revenue
In 2022, Lately revenue run rate hit $948K in revenue.
2021
Lately hit $948K in revenue in 2021
2020
Lately hit $1.1M in revenue in 2020
2019
Lately hit $300K in revenue in 2019
2014
Lately launched in 2014 with $0 revenue
Lately Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021
Lately raised a of $650K at a $10M valuation in October 2021
2021 Convertible Note
Lately raised a Convertible Note of $405K
2019 Pre Seed Round
Lately raised a Pre Seed Round of $345.1K
2019 Pre Seed Round
Lately raised a Pre Seed Round of $185K
2018 Seed Round
Lately raised a Seed Round of $250K
2018 Seed Round
Lately raised a Seed Round of $750K
2017 Seed Round
Lately raised a Seed Round of $500K
2016 Seed Round
Lately raised a Seed Round of $570K
2016 Convertible Note
Lately raised a Convertible Note of $60K
2015 Convertible Note
Lately raised a Convertible Note of $30K
2015 Seed Round
Lately raised a Seed Round of $40K
2014 Convertible Note
Lately raised a Convertible Note of $250K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 10/13/2021 | $650K | $10M | |
| 01/15/2021 | Convertible Note | $405K | |
| 11/15/2019 | Pre Seed Round | $345.1K | |
| 02/15/2019 | Pre Seed Round | $185K | |
| 07/15/2018 | Seed Round | $250K | |
| 03/14/2018 | Seed Round | $750K | |
| 03/01/2017 | Seed Round | $500K | |
| 06/15/2016 | Seed Round | $570K | |
| 02/01/2016 | Convertible Note | $60K | |
| 07/31/2015 | Convertible Note | $30K | |
| 06/08/2015 | Seed Round | $40K | |
| 08/01/2014 | Convertible Note | $250K |
Team
Lately has 7 total employees and 1 sales reps that carry a quota. They have 358 customers an engineering team of 3 and a marketing team of 4
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 7 |
| Engineer | 3(43%) |
| Sales | 1(14%) |
| Marketing | 4(57%) |
CEO/Founder
Kate Bradley Chernis
Kate Bradley Chernis is the Founder & CEO of Lately, which uses AI to automatically transform longform content like blogs, podcasts and videos into dozens of "smart" social posts it learns will yield the highest engagement from your audience. As a former marketing agency owner, Kate initially created the idea for Lately out of spreadsheets for then-client, Walmart, and got them a 130% ROI, year-over-year for three years. Prior to founding Lately, Kate served 20 million listeners as Music Director and on-air host at Sirius/XM. She’s also an award-winning radio producer, engineer and voice talent with 25 years of national broadcast communications, brand-building, sales and marketing expertise.
Q&A
What`s your age?
47
Favorite online tool?
Lately
Favorite book?
One train later
Favorite CEO?
None
Advice for 20 year old self
Eye creame worth investment
Customers
Lately has 358 customers.
Lifetime Months
-
x
Monthly ARPU
$200
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
-
Churn
Lately has an annual churn rate of 24.00%.
Gross Annual Dollar Churn
-24.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
76.00%
About Lately
Monthly Revenue
$79K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
14.13%
=
Rule of 40
-14
Lately Board of Directors
| Name | Position |
|---|
Lately Executives
| Name | Position |
|---|---|
| Kate Bradley Chernis | CEO |
Lately Employees
| Name | Position |
|---|---|
| Kate Bradley Chernis | CEO |
Frequently Asked Questions about Lately
When was Lately founded?
Lately was founded in 2014.
How much revenue does Lately generate?
Lately generates $948K in revenue.
Who is the CEO of Lately?
The CEO of Lately is Kate Bradley Chernis.
How much funding does Lately have?
Lately was raised $4M.
How many employees does Lately have?
Lately has raised 7 employees.
Where is Lately headquarters?
Lately headquater is at United States