NetSuite revenue hit $741.1M in 2024

NetSuite generates revenue from 24000 customers

NetSuite

2300 Oracle Way, Austin, Texas, 94403, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How NetSuite hit $741.1M revenue and 24K customers in 2015.

NetSuite is actually a software product rather than a company. It is a cloud-based enterprise resource planning (ERP) system that helps businesses manage their financials, operations, and customer relationships. The product was originally developed by NetSuite Inc., a software company founded in 1998 by Evan Goldberg. In 2016, Oracle Corporation acquired NetSuite Inc. and now owns and operates the NetSuite product as part of its suite of enterprise software solutions.

Founded

1998

Founded

Revenue

$741.1M

2015 Revenue

YOY

-----

YOY

Funding

$157.8M

Funding

NetSuite Revenue

In 2015, NetSuite revenue run rate hit $741.1M in revenue.

  • 2015

    NetSuite hit $741.1M in revenue in 2015

  • 1998

    NetSuite launched in 1998 with $0 revenue

NetSuite Funding History

  • 2015 Acquired

    NetSuite raised a Acquired of in December, 2015

  • 2007 Secondary Market

    NetSuite raised a Secondary Market of in February, 2007

  • 2006 Debt Financing

    NetSuite raised a Debt Financing of in March, 2006

  • 2005 Series H

    NetSuite raised a Series H of in April, 2005

  • 2004 Series G

    NetSuite raised a Series G of in January, 2004

  • 2003 Series F

    NetSuite raised a Series F of in July, 2003

  • 2002 Series E

    NetSuite raised a Series E of in February, 2002

  • 2001 Series D

    NetSuite raised a Series D of in April, 2001

  • 2000 Series C

    NetSuite raised a Series C of in June, 2000

FUNDING DATE ROUND AMOUNT VALUATION
December, 31 2015 Acquired
February, 05 2007 Secondary Market
March, 01 2006 Debt Financing
April, 01 2005 Series H
January, 01 2004 Series G
July, 03 2003 Series F
February, 05 2002 Series E
April, 05 2001 Series D
June, 20 2000 Series C

Team

NetSuite has 18,892 total employees and 2962 sales reps that carry a quota. They have 24,000 customers an engineering team of 1980 and a marketing team of 239.

DISTRIBUTION QTY
Total team size 18.9K
Engineer 1980 (10%)
Sales 2962 (16%)
Marketing 239 (1%)

Founder / CEO

Evan Goldberg

Q&A

  • What's your age?

    -

  • Favorite online tool?

    -

  • Favorite book?

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  • Favorite CEO?

    -

  • Advice for 20 year old self

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Customers

Churn

NetSuite Executives

Name Position Working Email Personal Email
Evan Goldberg CEO [email protected] -

NetSuite Employees

Name Position Working Email Personal Email
Evan Goldberg CEO [email protected] -

NetSuite Board of Directors

Name Position Working Email Personal Email
Larry Ellison Board Director - -

Frequently Asked Questions about NetSuite

  • When was NetSuite founded?

    NetSuite was founded in 1998.

  • How much revenue does NetSuite generate?

    NetSuite generates $741.1M in revenue.

  • Who is the CEO of NetSuite

    The CEO of NetSuite is Evan Goldberg.

  • How much funding does NetSuite have?

    NetSuite raised $157.8M.

  • How many employees does NetSuite have?

    NetSuite has 18.9K employees.

  • Where is NetSuite headquarters?

    NetSuite is headquartered at 2300 Oracle Way, Austin, Texas, 94403, United States

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