Needls revenue is $2.4 million
Needls team size is 13 employees
Needls
243-College Street Toronto, Ontario, Canada
How Needls hit $2.4M Revenue with 1K customers in 2022.
Social media advertising
2014
Founded
$2.4M
2022 Revenue
YOY
$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
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 DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 11/24/2015 | Seed Round | $784.5K |
Team
Needls has 13 total employees They have 1000 customers
| DISTRIBUTION | QTY |
|---|---|
| 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
Churn
Needls has an annual churn rate of 90.00%.
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
| Name | Position |
|---|
Needls Executives
| Name | Position |
|---|---|
| Justin Hartzman | CEO |
Needls Employees
| Name | Position |
|---|---|
| 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