Nuorder revenue is $17 million
Nuorder team size is 153 employees
How did Latka collect this data?
Latka collected this data by interviewing Nuorder CEO Heath Wells on 10/31/2011
Watch the podcast
Nuorder
900-Hilgard Avenue Los Angeles, California, United States
How Nuorder hit $17M Revenue with 1K customers in 2022.
B2B eCommerce Software for Branded Manufacturers
2011
Founded
$17M
2022 Revenue
YOY
$45M
Funding
Nuorder Revenue
In 2022, Nuorder revenue run rate hit $17M in revenue.
2018
Nuorder hit $17M in revenue in 2018
2011
Nuorder launched in 2011 with $0 revenue
Nuorder Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021
Nuorder raised a of $45M
2011
Nuorder raised a of $50
2011
Nuorder raised a of $50
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 03/10/2021 | $45M | ||
| 10/31/2011 | $50 | ||
| 10/31/2011 | $50 |
Team
Nuorder has 153 total employees and 37 sales reps that carry a quota. They have 1000 customers an engineering team of 19 and a marketing team of 10
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 153 |
| Engineer | 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.
Q&A
What`s your age?
38
Favorite online tool?
NetSuite
Favorite book?
Powerful
Favorite CEO?
Rich Roll, Ultraathlete
Advice for 20 year old self
Hire great leadership early
Customers
Nuorder has 1K customers.
Lifetime Months
240
x
Monthly ARPU
$1.4K
=
Lifetime Dollar
$340K
Acquisition Cost
$17K
Average Annual Price
$17K
Churn
Nuorder has an annual churn rate of 5.00%.
Gross Annual Dollar Churn
-5.00%
Annual Dollar Expansion
15.00%
Net Revenue Retention
110.00%
About Nuorder
Monthly Revenue
$1.4M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Nuorder Board of Directors
| Name | Position |
|---|
Nuorder Executives
| Name | Position |
|---|---|
| Heath Wells | CEO |
Nuorder Employees
| Name | Position |
|---|---|
| Heath Wells | CEO |
Frequently Asked Questions about Nuorder
When was Nuorder founded?
Nuorder was founded in 2011.
How much revenue does Nuorder generate?
Nuorder generates $17M in revenue.
Who is the CEO of Nuorder?
The CEO of Nuorder is Heath Wells.
How much funding does Nuorder have?
Nuorder was raised $45M.
How many employees does Nuorder have?
Nuorder has raised 153 employees.
Where is Nuorder headquarters?
Nuorder headquater is at United States