Madwire revenue is $96 million
Madwire is worth $600 million valuation
Madwire team size is 572 employees
How did Latka collect this data?
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
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.
2009
Founded
$96M
2022 Revenue
YOY
$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
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 DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 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
| DISTRIBUTION | QTY |
|---|---|
| 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
Churn
Madwire has an annual churn rate of 60.00%.
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
| Name | Position |
|---|
Madwire Executives
| Name | Position |
|---|---|
| Jb Kellogg | CEO |
Madwire Employees
| Name | Position |
|---|---|
| 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