Optimove revenue is $10 million
Optimove team size is 245 employees
How did Latka collect this data?
Latka collected this data by interviewing Optimove CEO Pini Yakuel on 09/13/2016
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Optimove
217-West 21st Street New York, New York, United States, Israel
How Optimove hit $10M Revenue with 77 customers in 2022.
Optimove is a privately held company that develops and markets a software as a service software product, also called Optimove, for the automation of personalized customer retention marketing.
2009
Founded
$10M
2022 Revenue
YOY
$20M
Funding
Optimove Revenue
In 2022, Optimove revenue run rate hit $10M in revenue.
2018
Optimove hit $10M in revenue in 2018
2009
Optimove launched in 2009 with $0 revenue
Optimove Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2016 Series A
Optimove raised a Series A of $20M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 09/13/2016 | Series A | $20M |
Team
Optimove has 245 total employees and 8 sales reps that carry a quota. They have 77 customers an engineering team of 65 and a marketing team of 12
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 245 |
| Engineer | 65(27%) |
| Sales | 8(3%) |
| Marketing | 12(5%) |
CEO/Founder
Pini Yakuel
Pini Yakuel Co-Founded Optimove in 2009 and has led the company, as its CEO, since its inception. With two decades of experience in analytics-driven customer marketing, business consulting and sales, he is the driving force behind Optimove. His passion for innovative and empowering technologies is what keeps Optimove ahead of the curve. He holds an MSc in Industrial Engineering and Management from Tel Aviv University.
Q&A
What`s your age?
40
Favorite online tool?
Favorite book?
Good to Great
Favorite CEO?
No
Advice for 20 year old self
Study computer science earlier
Customers
Optimove has 77 customers.
Lifetime Months
134
x
Monthly ARPU
$10.8K
=
Lifetime Dollar
$1.4M
Acquisition Cost
$130K
Average Annual Price
$129.9K
Churn
Optimove has an annual churn rate of 9.00%.
Gross Annual Dollar Churn
-9.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
91.00%
About Optimove
Monthly Revenue
$833.3K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Optimove Board of Directors
| Name | Position |
|---|
Optimove Executives
| Name | Position |
|---|---|
| Pini Yakuel | CEO |
Optimove Employees
| Name | Position |
|---|---|
| Pini Yakuel | CEO |
Frequently Asked Questions about Optimove
When was Optimove founded?
Optimove was founded in 2009.
How much revenue does Optimove generate?
Optimove generates $10M in revenue.
Who is the CEO of Optimove?
The CEO of Optimove is Pini Yakuel.
How much funding does Optimove have?
Optimove was raised $20M.
How many employees does Optimove have?
Optimove has raised 245 employees.
Where is Optimove headquarters?
Optimove headquater is at United States, Israel