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Logicbay revenue is $10 million

Logicbay team size is 23 employees


How did Latka collect this data?

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Latka collected this data by interviewing Logicbay CEO John Panaccione on 08/16/2000

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Logicbay

2002-Eastwood Road Wilmington, North Carolina, United States

linkedinwebsite

How Logicbay hit $10M Revenue with 60 customers in 2022.

Let LogicBay help you achieve success by building, scaling, and optimizing your indirect sales channel with their Channel Profit Center methodology.

Founded

2003

Founded

Revenue

$10M

2022 Revenue

YOY
-----

YOY

Funding

$17.5M

Funding


Logicbay Revenue

In 2022, Logicbay revenue run rate hit $10M in revenue.

  • 2018

    Logicbay hit $10M in revenue in 2018

  • 2003

    Logicbay launched in 2003 with $0 revenue

$10M

Logicbay Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2011 Venture Round

    Logicbay raised a Venture Round of $536K

  • 2000 Venture Round

    Logicbay raised a Venture Round of $17M

FUNDING DATEROUNDAMOUNTVALUATION
05/10/2011 Venture Round $536K
08/16/2000 Venture Round $17M

Team

Logicbay has 23 total employees and 6 sales reps that carry a quota. They have 60 customers an engineering team of 4 and a marketing team of 1

201820192020-60▼-4▼
DISTRIBUTIONQTY
Total team size
23
Engineer
4(17%)
Sales
6(26%)
Marketing
1(4%)

CEO/Founder

John Panaccione

John has over 18 years of experience leading teams that focus on using technology to improve corporate performance. As CEO of LogicBay, John works with leading companies to develop and implement strategies for scaling indirect sales channels using a combination of services and technology that LogicBay offers. Prior to founding LogicBay in 2003, he led sales and marketing for Cognitive Arts, an innovative leader in high end workplace simulation software. LinkedIn

Q&A

What`s your age?

52

Favorite online tool?

11:20 PulseApp

Favorite book?

Start with no

Favorite CEO?

Jeff Bezos

Advice for 20 year old self

Negotiation skills earlier!


Customers

Logicbay has 60 customers.

Lifetime Months

240

x

Monthly ARPU

$13.9K

=

Lifetime Dollar

$3.3M

Acquisition Cost

$30K

Average Annual Price

$166.7K

$0$166.7K2 month payback period024681012
$0$166.7K2 month payback period024681012

Churn

Logicbay has an annual churn rate of 5.00%.

-100-500%50100

Gross Annual Dollar Churn

-5.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

95.00%


About Logicbay

Monthly Revenue

$833.3K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Logicbay Board of Directors

NamePosition

Logicbay Executives

NamePosition
John Panaccione CEO

Logicbay Employees

NamePosition
John Panaccione CEO

Frequently Asked Questions about Logicbay

When was Logicbay founded?

Logicbay was founded in 2003.

How much revenue does Logicbay generate?

Logicbay generates $10M in revenue.

Who is the CEO of Logicbay?

The CEO of Logicbay is John Panaccione.

How much funding does Logicbay have?

Logicbay was raised $17.5M.

How many employees does Logicbay have?

Logicbay has raised 23 employees.

Where is Logicbay headquarters?

Logicbay headquater is at United States