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Madwire revenue is $96 million

Madwire is worth $600 million valuation

Madwire team size is 572 employees


How did Latka collect this data?

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Latka collected this data by interviewing Madwire CEO Jb Kellogg on 12/01/2020

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Madwire

3420-East Harmony Road Fort Collins, Colorado, United States

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How Madwire hit $96M Revenue with 20K customers in 2022.

Madwire® is a technology company that provides business management and marketing software and services for SMBs and franchises. Madwire’s integrated brands — Marketing 360®, Websites 360®, and Top Rated Local® — enable SMBs to manage and grow their business from a singular platform .Madwire® is a technology company that provides business management and marketing software and services for SMBs and franchises. Madwire’s integrated brands — Marketing 360®, Websites 360®, and Top Rated Local® — enable SMBs to manage and grow their business from a singular platform. .We help small businesses grow.

Founded

2009

Founded

Revenue

$96M

2022 Revenue

YOY
-----

YOY

Funding

$12.5M

Funding


Madwire Revenue

In 2022, Madwire revenue run rate hit $96M in revenue.

  • 2020

    Madwire hit $96M in revenue in 2020

  • 2019

    Madwire hit $104M in revenue in 2019

  • 2018

    Madwire hit $100M in revenue in 2018

  • 2015

    Madwire hit $15M in revenue in 2015

  • 2009

    Madwire launched in 2009 with $0 revenue

567.00% ▲4.00% ▲-8.00% ▼$15M$100M$104M$96M

Madwire Funding History

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

  • 2015 Series B

    Madwire raised a Series B of $2M at a $40M valuation in April 2015

  • 2014 Debt Financing

    Madwire raised a Debt Financing of $5M

  • 2014 Series A

    Madwire raised a Series A of $5.5M

FUNDING DATEROUNDAMOUNTVALUATION
04/14/2015 Series B $2M $40M
07/01/2014 Debt Financing $5M
07/01/2014 Series A $5.5M

Team

Madwire has 572 total employees and 29 sales reps that carry a quota. They have 20000 customers an engineering team of 40 and a marketing team of 297

201820192020-8▼1▲
DISTRIBUTIONQTY
Total team size
572
Engineer
40(7%)
Sales
29(5%)
Marketing
297(52%)

CEO/Founder

Jb Kellogg

Hi, I'm JB Kellogg and I'm the Co-Founder & Co-CEO of Madwire®. I founded Madwire when I was 28 years old and helped grow the company to over 100MM+ in revenue and 500+ employees in under 10 years. I guess that's pretty rare to achieve, so they call companies like that "Rocketship Companies". Our mission at Madwire is to help small businesses grow. We do this by enabling SMBs and entrepreneurs to manage and grow their brand from a singular platform called Marketing 360®. At Madwire, I enjoy being a part of building a championship team that pursues championship performances and making a difference everyday. In between all the "madness" and spending time with my amazing family, I enjoy sharing tips and lessons I've learned over the years with regards to leadership, culture, marketing and sales. Why do I do this? Because a lesson learned should be a lesson shared. And I can only maximize my radius of impact if I can help others maximize theirs.Madwire® is a technology company that provides business management and marketing software and services for SMBs and franchises. Madwire® was founded in 2009 with the mission of helping small businesses grow and their local communities glow.

Q&A

What`s your age?

41

Favorite online tool?

We Video

Favorite book?

A man thinketh

Favorite CEO?

None

Advice for 20 year old self

Start sooner


Customers

Madwire has 20K customers.

Lifetime Months

14

x

Monthly ARPU

$1.8K

=

Lifetime Dollar

$11.7K

Acquisition Cost

$3K

Average Annual Price

$6K

$0$6K6 month payback period024681012
$0$6K6 month payback period024681012

Churn

Madwire has an annual churn rate of 60.00%.

-100-500%50100

Gross Annual Dollar Churn

-36.00%

Annual Dollar Expansion

36.00%

Net Revenue Retention

100.00%


About Madwire

Monthly Revenue

$8M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Madwire Board of Directors

NamePosition

Madwire Executives

NamePosition
Jb Kellogg CEO

Madwire Employees

NamePosition
Jb Kellogg CEO

Frequently Asked Questions about Madwire

When was Madwire founded?

Madwire was founded in 2009.

How much revenue does Madwire generate?

Madwire generates $96M in revenue.

Who is the CEO of Madwire?

The CEO of Madwire is Jb Kellogg.

How much funding does Madwire have?

Madwire was raised $12.5M.

How many employees does Madwire have?

Madwire has raised 572 employees.

Where is Madwire headquarters?

Madwire headquater is at United States