Netchex revenue is $36 million
Netchex team size is 224 employees
Netchex
- Covington, Los Angeles, United States
How Netchex hit $36M Revenue with 5K customers in 2022.
Developer of web based software providing human resource management services. The company provides a software-as-a-service human resource platform which specializes in payroll services, employee benefits, attendance and reporting.
2003
Founded
$36M
2022 Revenue
YOY
Funding
Netchex Revenue
In 2022, Netchex revenue run rate hit $36M in revenue.
2021
Netchex hit $36M in revenue in 2021
2020
Netchex hit $28.8M in revenue in 2020
2003
Netchex launched in 2003 with $0 revenue
Netchex Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|
Team
Netchex has 224 total employees and 5 sales reps that carry a quota. They have 4500 customers an engineering team of 9 and a marketing team of 2
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 224 |
| Engineer | 9(4%) |
| Sales | 5(2%) |
| Marketing | 2(1%) |
CEO/Founder
Will Boudreaux
CEO an Co Founder since June 2003 to present. Founded by two executives in the payroll industry working for a publicly traded firm, Will Boudreaux and Stuart Ethridge decided to take on the giants and change the experience of payroll outsourcing. Embracing three tenets – web integration for technology, accountability for service, and value for price delivery, Netchex set out to tell its story and execute one relationship at a time.
Q&A
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Customers
Netchex has 5K customers.
Lifetime Months
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x
Monthly ARPU
-
=
Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
Netchex has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Netchex
Monthly Revenue
$3M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
25.00%
=
Rule of 40
25
Netchex Board of Directors
| Name | Position |
|---|
Netchex Executives
| Name | Position |
|---|---|
| Will Boudreaux | CEO |
Netchex Employees
| Name | Position |
|---|---|
| Will Boudreaux | CEO |
Frequently Asked Questions about Netchex
When was Netchex founded?
Netchex was founded in 2003.
How much revenue does Netchex generate?
Netchex generates $36M in revenue.
Who is the CEO of Netchex?
The CEO of Netchex is Will Boudreaux.
How much funding does Netchex have?
Netchex was raised $0.
How many employees does Netchex have?
Netchex has raised 224 employees.
Where is Netchex headquarters?
Netchex headquater is at United States