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Needls revenue is $2.4 million

Needls team size is 13 employees

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Needls

243-College Street Toronto, Ontario, Canada

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How Needls hit $2.4M Revenue with 1K customers in 2022.

Social media advertising

Founded

2014

Founded

Revenue

$2.4M

2022 Revenue

YOY

0.00%

YOY

Funding

$784.5K

Funding


Needls Revenue

In 2022, Needls revenue run rate hit $2.4M in revenue.

  • 2019

    Needls hit $2.4M in revenue in 2019

  • 2014

    Needls launched in 2014 with $0 revenue

$2.4M

Needls Funding History

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

  • 2015 Seed Round

    Needls raised a Seed Round of $784.5K

FUNDING DATEROUNDAMOUNTVALUATION
11/24/2015 Seed Round $784.5K

Team

Needls has 13 total employees They have 1000 customers

2019
DISTRIBUTIONQTY
Total team size
13
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Justin Hartzman

The needls. ad platform allows businesses to automatically create, target and optimize digital ads across Facebook & Instagram. Needls automatically determines the perfect target audience for these ads by monitoring social media conversations through its proprietary purchase intent engine.

Q&A

What`s your age?

35

Favorite online tool?

Zendesk

Favorite book?

Zero to One

Favorite CEO?

No

Advice for 20 year old self

Lots i didn't know


Customers

Needls has 1K customers.

Lifetime Months

14

x

Monthly ARPU

$200

=

Lifetime Dollar

$2.7K

Acquisition Cost

$50

Average Annual Price

$2.4K

$0$2.4K0 month payback period024681012
$0$2.4K0 month payback period024681012

Churn

Needls has an annual churn rate of 90.00%.

-100-500%50100

Gross Annual Dollar Churn

-90.00%

Annual Dollar Expansion

50.00%

Net Revenue Retention

60.00%


About Needls

Monthly Revenue

$200K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Needls Board of Directors

NamePosition

Needls Executives

NamePosition
Justin Hartzman CEO

Needls Employees

NamePosition
Justin Hartzman CEO

Frequently Asked Questions about Needls

When was Needls founded?

Needls was founded in 2014.

How much revenue does Needls generate?

Needls generates $2.4M in revenue.

Who is the CEO of Needls?

The CEO of Needls is Justin Hartzman.

How much funding does Needls have?

Needls was raised $784.5K.

How many employees does Needls have?

Needls has raised 13 employees.

Where is Needls headquarters?

Needls headquater is at Canada