Optimove logo
Founded 2009

Optimove

2018 Revenue

$10.0M

YOY

Funding

$20.0M

How Optimove hit $10.0M in Revenue with 77 Customers in 2018.

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 12/01/2020

Watch the podcast


Headquarters

217 West 21st Street New YorkNew YorkUnited States
$Funding$Revenue

Optimove Revenue

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

$10.0M

Optimove Valuation and Funding History

Optimove has raised a total of $20.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
09/13/2016Series A$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 9.00%

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 262 employees. They have 8 sales reps that carry a quota, an engineering team of 65 and a marketing team of 12.

20182019202075.00%▲-6.00%▼
DistributionQty

Total Team Size

262

Engineers

65 (25%)

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.


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


Is this your company? Add our badge to your website:

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 262 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

View Instantly:

Create a free account to view data on 30,318 SaaS Companies

30,318 companies | Updated Wed Oct 20 2021

GetLatka is the only place to get accurate revenue data on SaaS companies. You'll also see valuations, growth rates, CEO emails and 28 other metrics per company. Signup below to view instantly.

We interview hard-to-reach SaaS founders.

interviews

Then take audio data and organize it in charts and excel.

charts