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Netchex revenue is $36 million

Netchex team size is 224 employees

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Netchex

- Covington, Los Angeles, United States

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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.

Founded

2003

Founded

Revenue

$36M

2022 Revenue

YOY

0.00%

YOY

Funding
$0.0

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

25.00% ▲$28.8M$36M

Netchex Funding History

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

    FUNDING DATEROUNDAMOUNTVALUATION

    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

    2021
    DISTRIBUTIONQTY
    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

    What`s your age?

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    Advice for 20 year old self

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    Customers

    Netchex has 5K customers.

    Lifetime Months

    -

    x

    Monthly ARPU

    -

    =

    Lifetime Dollar

    -

    Acquisition Cost

    -

    Average Annual Price

    -

    $0$0024681012
    $0$0024681012

    Churn

    Netchex has an annual churn rate of 0.00%.

    -100-500%50100

    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

    NamePosition

    Netchex Executives

    NamePosition
    Will Boudreaux CEO

    Netchex Employees

    NamePosition
    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