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Optimove revenue is $10 million

Optimove team size is 245 employees


How did Latka collect this data?

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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

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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.

Founded

2009

Founded

Revenue

$10M

2022 Revenue

YOY
-----

YOY

Funding

$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

$10M

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 DATEROUNDAMOUNTVALUATION
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

20182019202075▲-6▼
DISTRIBUTIONQTY
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?

Linkedin

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

$0$129.9K12 month payback period024681012
$0$129.9K12 month payback period024681012

Churn

Optimove has an annual churn rate of 9.00%.

-100-500%50100

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

NamePosition

Optimove Executives

NamePosition
Pini Yakuel CEO

Optimove Employees

NamePosition
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