logo
logo

Lately revenue is $948k

Lately is worth $10 million valuation

Lately team size is 7 employees


How did Latka collect this data?

Play

Latka collected this data by interviewing Lately CEO Kate Bradley Chernis on 10/13/2021

Watch the podcast
logo

Lately

- Stone Ridge, New York, United States

linkedinwebsite

How Lately hit $948K Revenue with 358 customers in 2022.

atomizes longform content

Founded

2014

Founded

Revenue

$948K

2022 Revenue

YOY
-----

YOY

Funding

$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

268.00% ▲-14.00% ▼$300K$1.1M$948K

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 DATEROUNDAMOUNTVALUATION
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

201820202021-10▼-63▼
DISTRIBUTIONQTY
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

-

$0$0024681012
$0$0024681012

Churn

Lately has an annual churn rate of 24.00%.

-100-500%50100

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

NamePosition

Lately Executives

NamePosition
Kate Bradley Chernis CEO

Lately Employees

NamePosition
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