Logicbay logo
Founded 2003

Logicbay

2018 Revenue

$10.0M

YOY

Funding

$17.5M

How Logicbay hit $10.0M in Revenue with 60 Customers in 2018.

About Logicbay

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

Monthly Revenue

$833.3K

Total Expenses

$833.3K

=
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 Logicbay CEO John Panaccione on 12/01/2020

Watch the podcast


Headquarters

2002 Eastwood Road WilmingtonNorth CarolinaUnited States
$Funding$Revenue

Logicbay Revenue

In 2018, Logicbay revenue run rate hit $10.0M in revenue.

$10.0M

Logicbay Valuation and Funding History

Logicbay has raised a total of $17.5M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
05/10/2011Venture Round$536.0K
08/16/2000Venture Round$17.0M

Customers

Logicbay has 60 customers.

Lifetime Months

240

×
Monthly ARPU

$13.9K

=
Lifetime Dollars

$3.3M


Acquisition Cost

$30.0K

Average Annual Price

$166.7K

$0$166.7K2 month payback period024681012

Churn

Logicbay has an annual churn rate of 5.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-5.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

95.00%

Team

Employees

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

201820192020-60.00%▼-4.00%▼
DistributionQty

Total Team Size

60

Engineers

4 (7%)

Sales

6 (10%)

Marketing

1 (2%)

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


CEO 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!


Is this your company? Add our badge to your website:

Frequently Asked Questions about Logicbay

When was Logicbay founded?

Logicbay was founded in 2003.


Who is the CEO of Logicbay?

The CEO of Logicbay is John Panaccione


How many employees does Logicbay have?

Logicbay has 60 employees.

How much revenue does Logicbay generate?

Logicbay generates $10.0M in revenue.


How much funding does Logicbay have?

Logicbay has raised $17.5M.


Where is Logicbay headquarters?

Logicbay is headquartered at 2002 Eastwood Road WilmingtonNorth CarolinaUnited States

View Instantly:

Create a free account to view data on 30,318 SaaS Companies

30,318 companies | Updated Wed Oct 20 2021

GetLatka is the only place to get accurate revenue data on SaaS companies. You'll also see valuations, growth rates, CEO emails and 28 other metrics per company. Signup below to view instantly.

We interview hard-to-reach SaaS founders.

interviews

Then take audio data and organize it in charts and excel.

charts