How Nuorder hit $17.0M in Revenue with 1K Customers in 2018.
About Nuorder
B2B eCommerce Software for Branded Manufacturers
$1.4M
$1.7M
-$250.0K
-17.65%
—
-18
How did Latka collect this data?
Latka collected this data by interviewing Nuorder CEO Heath Wells on 03/10/2021
Headquarters
900 Hilgard Avenue Los AngelesCaliforniaUnited StatesNuorder Revenue
In 2018, Nuorder revenue run rate hit $17.0M in revenue.
Nuorder Valuation and Funding History
| Funding Date | Round | Amount | Total | Valuation |
|---|---|---|---|---|
| 03/10/2021 | $45.0M | |||
| 10/31/2011 | $50.0 | |||
| 10/31/2011 | $50.0 |
Customers
Nuorder has 1K customers.
240
$1.4K
$340.0K
$17.0K
$17.0K
Churn
Nuorder has an annual churn rate of 5.00%
Churn vs Expansion
-5.00%
15.00%
110.00%
Team
Employees
Nuorder has 153 employees. They have 37 sales reps that carry a quota, an engineering team of 19 and a marketing team of 10.
| Distribution | Qty |
|---|---|
Total Team Size | 153 |
Engineers | 19 (12%) |
Sales | 37 (24%) |
Marketing | 10 (7%) |
CEO/Founder
Heath Wells
Heath Wells is the CEO and Co-Founder of NuORDER, a B2B eCommerce platform that is revolutionizing the wholesale industry. Heath is an entrepreneur at heart, starting his first Internet-based business at the age of 15 in Adelaide, Australia. From 2004-2008, Heath served as the Managing Director at Furst Media in Australia, where he and partner Olivia Skuza led the company to great success across publishing, creative, and digital commerce. Today NuORDER is the leading B2B eCommerce platform. Headquartered in Los Angeles, and with offices in New York and London, NuORDER helps 800+ brands & 260k retailers transact over $2B in GMV annually. Heath’s passion, spirit for positive change, and unrelenting drive have been key factors in NuORDER’s current success, while his natural tendency for big thinking continues to propel the company’s creative innovation and shape the industry.
CEO Q&A
38
NetSuite
Powerful
Rich Roll, Ultraathlete
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Frequently Asked Questions about Nuorder
When was Nuorder founded?
Nuorder was founded in 2011.
Who is the CEO of Nuorder?
The CEO of Nuorder is Heath Wells
How many employees does Nuorder have?
Nuorder has 153 employees.
How much revenue does Nuorder generate?
Nuorder generates $17.0M in revenue.
How much funding does Nuorder have?
Nuorder has raised $45.0M.
Where is Nuorder headquarters?
Nuorder is headquartered at 900 Hilgard Avenue Los AngelesCaliforniaUnited States
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