Mfiles logo
Founded 2005

Mfiles

2019 Revenue

$10.0M

YOY

Funding

$43.0M

Overview

About Mfiles

Help companies manage information intelligently.

Monthly Revenue

$833.3K

Total Expenses

$1.8M

=
Net Income

-$1.0M

Ebidta Margin

-120.00%

+
YOY Growth

=
Rule of 40

-120


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Mfiles CEO Miika makitalo on 02/06/2019

Watch the podcast


Headquarters

1b Hermiankatu TampereUnited States

Mfiles Revenue vs Funding

$Funding$Revenue

Revenue

In 2019, Mfiles revenue run rate hit $10.0M in revenue.

$10.0M

Funding History

Mfiles has raised a total of $43.0M.

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

Customers

Mfiles has 93 customers.

Lifetime Months

100

×
Monthly ARPU

$9.0K

=
Lifetime Dollars

$896.1K


Acquisition Cost

$160.0K

Average Annual Price

$107.5K

$0$107.5K18 month payback period024681012141618

Churn

Mfiles has an annual churn rate of 12.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

16.00%

Net Revenue Retention

104.00%

Team

Employees

Mfiles has 500 employees.

2019
DistributionQty

Total Team Size

500

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Miika makitalo

Miika Mäkitalo is the CEO of M-Files, leading the fast-growing business on its mission to change the way the world manages information. Prior to M-Files, Miika held senior management positions within the Finnish government, managing large national IT systems and projects. Miika has a PhD in industrial engineering and management.


CEO Q&A

What's your age?

41

Favorite online tool?

Zuora, Netsuite

Favorite book?

Good to great

Favorite CEO?

Benzit CEO

Advice for 20 year old self

Be brave!


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Frequently Asked Questions about Mfiles

When was Mfiles founded?

Mfiles was founded in 2005.


Who is the CEO of Mfiles?

The CEO of Mfiles is Miika makitalo


How many employees does Mfiles have?

Mfiles has 500 employees.

How much revenue does Mfiles generate?

Mfiles generates $10.0M in revenue.


How much funding does Mfiles have?

Mfiles has raised $43.0M.


Where is Mfiles headquarters?

Mfiles is headquartered at 1b Hermiankatu TampereUnited States

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