Openback logo
Founded 2015

Openback

2018 Revenue

$900.0K

YOY

Funding

$2.0M

Overview

About Openback

Mobile Engagement - Smart Push Notifications

Monthly Revenue

$75.0K

Total Expenses

$95.0K

=
Net Income

-$20.0K

Ebidta Margin

-26.67%

+
YOY Growth

=
Rule of 40

-27


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Openback CEO David Shackleton on 12/05/2018

Watch the podcast


Headquarters

65 Main Street County DublinIreland

Openback Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Openback revenue run rate hit $900.0K in revenue.

$900.0K

Funding History

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

Openback has raised $2.0M.

Funding DateRoundTotalValuation

Customers

Openback has 25 customers.

Lifetime Months

×
Monthly ARPU

$3.0K

=
Lifetime Dollars


Acquisition Cost

$36.0K

Average Annual Price

$36.0K

$0$36.0K12 month payback period024681012

Churn

Openback has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Openback has 10 employees. They have 1 sales rep that carries a quota.

2018
DistributionQty

Total Team Size

10

Engineers

0

Sales

0

Marketing

0

CEO/Founder

David Shackleton

David is CEO of OpenBack, the mobile engagement platform which uses edge computing and machine learning to make push notifications smarter. David also co-founded www.ding.com, the $500m business that enables millions online and from 600k+ stores top-up the family of a loved one back home in over 120 countries.


CEO Q&A

What's your age?

37

Favorite online tool?

Google Sheets

Favorite book?

Shoedog

Favorite CEO?

Jack Dorsey

Advice for 20 year old self

things take longer


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Frequently Asked Questions about Openback

When was Openback founded?

Openback was founded in 2015.


Who is the CEO of Openback?

The CEO of Openback is David Shackleton


How many employees does Openback have?

Openback has 10 employees.

How much revenue does Openback generate?

Openback generates $900.0K in revenue.


How much funding does Openback have?

Openback has raised $2.0M.


Where is Openback headquarters?

Openback is headquartered at 65 Main Street County DublinIreland

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