2020 Revenue

$21.0M

YOY

94.44%

Funding

$500.0K

Overview

About Mentimeter

Interact with your audience using real-time voting. No installations or downloads required - and it's free!

Monthly Revenue

$1.8M

+ $850.0K (94.44%)
Total Expenses

$1.8M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

94.44%

=
Rule of 40

94


Headquarters

1A Mariatorget Stockholms länSweden

Mentimeter Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Mentimeter revenue run rate hit $21.0M in revenue.

620.00%▲94.00%▲$1.5M$10.8M$21.0M

Funding History

Mentimeter has raised a total of $500.0K.

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

Customers

Mentimeter has 80K customers.

Lifetime Months

75

×
Monthly ARPU

$21.0

=
Lifetime Dollars

$1.6K


Acquisition Cost

$100.0

Average Annual Price

$252.0

$0$252.05 month payback period024681012

Churn

Mentimeter has an annual churn rate of 16.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-16.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

84.00%

Team

Employees

Mentimeter has 120 employees. They have 39 sales reps that carry a quota, an engineering team of 30 and a marketing team of 4.

2017201820192020206.00%▲145.00%▲-22.00%▼
DistributionQty

Total Team Size

120

Engineers

30 (25%)

Sales

39 (33%)

Marketing

4 (3%)

CEO/Founder

Johnny Warstrom

Table of Contents Please state your name and a little about your current status. What exactly does your company do? How did you start your company/business as a startup? What struggle did you go through to reach your current status now? How did you manage to cope up with those struggles? Who inspired you to move forward and influenced you in all your achievements now? What piece of advice will you share with those who would like to follow your footsteps? How can people follow your journey? Please list your social media URLs Please state your name and a little about your current status. My name is Johnny Warström, and I am the CEO and co-founder of Mentimeter, a Stockholm-based startup which, through an interactive software platform, makes meetings more enjoyable, engaging and productive. We launched the company in 2014 and we were profitable two years later. We are now 55 colleagues, with over 40 million users across 160 countries, organizations including Microsoft and Bill & Melinda Gates Foundation are using Mentimeter in their meetings and presentations. In 2018, Mentimeter was recognized by The Next Web as the fastest-growing startup in Sweden, a country renowned for its world-class startup scene (other successes include Spotify, Mojang, Skype, and Klarna). Prior to Mentimeter, I co-founded two companies, worked for an independent firm which provided consultancy to Ericsson, H&M, and the Swedish National Bank, and joined telecommunication group Telenor working on Global Business Development within IoT. Outside of Mentimeter, I volunteered for NGO, ‘Engineers Without Borders’, working on projects in Bolivia and Tanzania.


CEO Q&A

What's your age?

35

Favorite online tool?

Intercom

Favorite book?

Hard thing about hard things

Favorite CEO?

Klarna CEO

Advice for 20 year old self

Do more crazy stuff


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Frequently Asked Questions about Mentimeter

When was Mentimeter founded?

Mentimeter was founded in 2003.


Who is the CEO of Mentimeter?

The CEO of Mentimeter is Johnny Warstrom


How many employees does Mentimeter have?

Mentimeter has 120 employees.

How much revenue does Mentimeter generate?

Mentimeter generates $21.0M in revenue.


How much funding does Mentimeter have?

Mentimeter has raised $500.0K.


Where is Mentimeter headquarters?

Mentimeter is headquartered at 1A Mariatorget Stockholms länSweden

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