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Onfleet revenue is $9.7 million

Onfleet team size is 49 employees


How did Latka collect this data?

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Latka collected this data by interviewing Onfleet CEO Khaled Naim on 08/25/2020

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Onfleet

703-Market Street San Francisco, California, United States

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How Onfleet hit $9.7M Revenue with 900 customers in 2022.

Last mile delivery management software.B2B Delivery management software.

Founded

2014

Founded

Revenue

$9.7M

2022 Revenue

YOY
-----

YOY

Funding

$5.1M

Funding


Onfleet Revenue

In 2022, Onfleet revenue run rate hit $9.7M in revenue.

  • 2020

    Onfleet hit $9.7M in revenue in 2020

  • 2019

    Onfleet hit $4.8M in revenue in 2019

  • 2017

    Onfleet hit $1.8M in revenue in 2017

  • 2014

    Onfleet launched in 2014 with $0 revenue

167.00% ▲102.00% ▲$1.8M$4.8M$9.7M

Onfleet Funding History

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

  • 2020

    Onfleet raised a of $667.1K

  • 2016

    Onfleet raised a of $4.5M

FUNDING DATEROUNDAMOUNTVALUATION
10/02/2020 $667.1K
11/10/2016 $4.5M

Team

Onfleet has 49 total employees and 11 sales reps that carry a quota. They have 900 customers an engineering team of 10 and a marketing team of 1

201720192020107▲16▲
DISTRIBUTIONQTY
Total team size
49
Engineer
10(20%)
Sales
11(22%)
Marketing
1(2%)

CEO/Founder

Khaled Naim

Khaled is CEO and Co-Founder at Onfleet, the leading last-mile delivery management software platform. Khaled holds an MBA from Stanford’s Graduate School of Business and a BE in Computer Engineering from the University of Michigan. Khaled is based in San Francisco, California.Khaled Naim is Co-Founder & CEO of Onfleet, the world’s fastest growing provider of last mile delivery management software. Since its launch in 2015, Onfleet has grown to power millions of deliveries per month for thousands of businesses around the world. Clients include Gap, Total Wine & More, Capsule, Imperfect Foods, and United Supermarkets. Onfleet handles route optimization, dispatching, real-time driver tracking, proof of delivery, analytics and customer communications. Onfleet was ranked #124 on the Inc 5000 list of America’s fastest growing companies in 2019 and #13 in San Francisco Business Times’ Fast100 list of the Bay Area’s 100 fastest growing companies. Khaled is a mentor at Startupbootcamp and Syria Digital Lab. He is based in San Francisco.

Q&A

What`s your age?

35

Favorite online tool?

Lawyer

Favorite book?

Meditations

Favorite CEO?

Bill Gates

Advice for 20 year old self

Invest in amazon


Customers

Onfleet has 900 customers.

Lifetime Months

17

x

Monthly ARPU

$901

=

Lifetime Dollar

$13.3K

Acquisition Cost

$3K

Average Annual Price

$9.6K

$0$9.6K4 month payback period024681012
$0$9.6K4 month payback period024681012

Churn

Onfleet has an annual churn rate of 15.00%.

-100-500%50100

Gross Annual Dollar Churn

-15.00%

Annual Dollar Expansion

30.00%

Net Revenue Retention

115.00%


About Onfleet

Monthly Revenue

$810K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

102.50%

=

Rule of 40

102


Onfleet Board of Directors

NamePosition

Onfleet Executives

NamePosition
Khaled Naim CEO

Onfleet Employees

NamePosition
Khaled Naim CEO

Frequently Asked Questions about Onfleet

When was Onfleet founded?

Onfleet was founded in 2014.

How much revenue does Onfleet generate?

Onfleet generates $9.7M in revenue.

Who is the CEO of Onfleet?

The CEO of Onfleet is Khaled Naim.

How much funding does Onfleet have?

Onfleet was raised $5.1M.

How many employees does Onfleet have?

Onfleet has raised 49 employees.

Where is Onfleet headquarters?

Onfleet headquater is at United States