Loginextsolutions revenue hit $32.4M in 2023
Loginextsolutions generates revenue from 100 customers
How did Latka collect this data?
Latka collected this data by interviewing Loginextsolutions CEO Dhruvil Sanghvi on Jan 10, 2020
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Loginextsolutions
111 Town Square Pl, Suite 1203, Jersey City, New Jersey, 94536, United States
How Loginextsolutions hit $32.4M revenue and 100 customers in 2020.
Loginext Solutions is an Indian software company that provides logistics optimization and last-mile delivery management solutions to businesses. Loginext's platform uses advanced algorithms and machine learning to optimize logistics operations, reduce delivery times, and improve customer experiences. The platform includes features such as route optimization, live tracking, delivery scheduling, and analytics.
2014
Founded
$32.4M
2020 Revenue
YOY
$49.6M
Funding
Loginextsolutions Revenue
In 2020, Loginextsolutions revenue run rate hit $32.4M in revenue.
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2020
Loginextsolutions hit $32.4M in revenue in 2020
-
2019
Loginextsolutions hit $18M in revenue in 2019
-
2018
Loginextsolutions hit $15M in revenue in 2018
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2014
Loginextsolutions launched in 2014 with $0 revenue
Loginextsolutions Funding History
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2020 Series B
Loginextsolutions raised a Series B of $39M in June, 2020
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2015 Series A
Loginextsolutions raised a Series A of $10M in September, 2015
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2015 Seed Round
Loginextsolutions raised a Seed Round of $600K in April, 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| June, 24 2020 | Series B | $39M | - |
| September, 22 2015 | Series A | $10M | - |
| April, 07 2015 | Seed Round | $600K | - |
Team
Loginextsolutions has 216 total employees and 17 sales reps that carry a quota. They have 100 customers an engineering team of 85 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 216 |
| Engineer | 85(39%) |
| Sales | 17(8%) |
| Marketing | 1(0%) |
Founder / CEO
Dhruvil Sanghvi
Dhruvil Sanghvi has played a pivotal role in revolutionizing logistics with the use of data sciences and machine learning. He has been felicitated by Forbes as one of the top 30 under 30 achievers, 2017. He was also recognized as Achiever of the Year 2017 by Business World in its 40 under 40 List. After graduating from Carnegie Mellon University, Pittsburgh, USA and actively advising some of the Fortune 500 companies on technology and data analytics, Dhruvil, along with Manisha Raisinghani, started LogiNext in 2014. Within 3 years, LogiNext has gained authority in the space of Logistics and field service optimization, has on-boarded prominent investors like Paytm and Alibaba. He has been a regular and sought-after speaker at industry conferences and panel discussion across the globe. Dhruvil is keen on contributing as a thought leader and mentor to the booming ecosystem of startups. With his immense experience and insights in business growth and product success, Dhruvil has helped multiple entrepreneurs realize their dream, guiding them over hurdles and directing to early product-market fit. Dhruvil also serves as an early stage investor and has initiated incubation for some ambitious startups.
Q&A
What's your age?
30
Favorite online tool?
Hubspot
Favorite book?
Hard thing about hard things
Favorite CEO?
Jack Ma
Advice for 20 year old self
Start a company faster
Customers
Loginextsolutions has 100 customers.
Lifetime Months
240
x
Monthly ARPU
$27K
=
Lifetime Dollar
$3.6M
Acquisition Cost
$70K
Average Annual Price
$324K
Churn
Loginextsolutions has an annual churn rate of 5%.
Gross Annual Dollar Churn
-5%
Annual Dollar Expansion
40%
Net Revenue Retention
135%
Loginextsolutions Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Dhruvil Sanghvi | CEO | dhruvil.sanghvi@loginextsolutions.com | - |
Loginextsolutions Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Dhruvil Sanghvi | CEO | dhruvil.sanghvi@loginextsolutions.com | - |
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Frequently Asked Questions about Loginextsolutions
When was Loginextsolutions founded?
Loginextsolutions was founded in 2014.
How much revenue does Loginextsolutions generate?
Loginextsolutions generates $32.4M in revenue.
Who is the CEO of Loginextsolutions?
The CEO of Loginextsolutions is Dhruvil Sanghvi.
How much funding does Loginextsolutions have?
Loginextsolutions raised $49.6M.
How many employees does Loginextsolutions have?
Loginextsolutions has 216 employees.
Where is Loginextsolutions headquarters?
Loginextsolutions is headquartered at 111 Town Square Pl, Suite 1203, Jersey City, New Jersey, 94536, United States
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