Optimove logo
Founded 2009

Optimove

2018 Revenue

$10.0M

YOY

Funding

$20.0M

Overview

About Optimove

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.

Monthly Revenue

$833.3K

Total Expenses

$833.3K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Optimove CEO Pini Yakuel on 01/16/2018.

Watch the podcast


Headquarters

217 West 21st Street New YorkNew YorkUnited States

Optimove Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Optimove revenue run rate hit $10.0M in revenue.

$10.0M

Funding History

Optimove has raised $20.0M.

Funding DateRoundTotalValuation
01/16/2018$20.0M

Customers

Optimove has 77 customers.

Lifetime Months

133

×
Monthly ARPU

$10.8K

=
Lifetime Dollars

$1.4M


Acquisition Cost

$130.0K

Average Annual Price

$129.9K

$0$129.9K12 month payback period024681012

Churn

Optimove has an annual churn rate of 9%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-9.00%

Annual Dollar Expansion

+0.00%

Net Revenue Retention

91.00%

Team

Employees

Optimove has 150 employees..

2018
DistributionQty

Other

150

Engineers

0

Quota Carrying

0

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.


CEO Q&A

What's your age?

40

Favorite online tool?

Linkedin

Favorite book?

Good to Great

Favorite CEO?

No

Advice for 20 year old self

Study computer science earlier


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Frequently Asked Questions about Optimove

When was Optimove founded?

Optimove was founded in 2009.


Who is the CEO of Optimove?

The CEO of Optimove is Pini Yakuel


How many employees does Optimove have?

Optimove has 150 employees.

How much revenue does Optimove generate?

Optimove generates $10.0M in revenue.


How much funding does Optimove have?

Optimove has raised $20.0M.


Where is Optimove headquarters?

Optimove is headquartered at 217 West 21st Street New YorkNew YorkUnited States

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