logo
logo

Pandadoc revenue is $55 million

Pandadoc is worth $1 billion valuation

Pandadoc team size is 390 employees


How did Latka collect this data?

Play

Latka collected this data by interviewing Pandadoc CEO Mikita Mikado on 05/09/2013

Watch the podcast
logo

Pandadoc

153-Kearny Street San Francisco, California, United States

linkedintwitterfacebookwebsite

How Pandadoc hit $55M Revenue with 30K customers in 2022.

PandaDoc is a document automation software as a service with built-in electronic signatures, workflow management, a document builder, and CPQ functionality..Software to streamline contracts, proposals and eSignatures

Founded

2011

Founded

Revenue

$55M

2022 Revenue

YOY
-----

YOY

Funding

$106.1M

Funding


Pandadoc Revenue

In 2022, Pandadoc revenue run rate hit $55M in revenue.

  • 2021

    Pandadoc hit $55M in revenue in 2021

  • 2020

    Pandadoc hit $35M in revenue in 2020

  • 2017

    Pandadoc hit $18.5M in revenue in 2017

  • 2014

    Pandadoc hit $8.4M in revenue in 2014

  • 2013

    Pandadoc hit $3.6M in revenue in 2013

  • 2011

    Pandadoc launched in 2011 with $0 revenue

133.00% ▲120.00% ▲89.00% ▲57.00% ▲$3.6M$8.4M$18.5M$35M$55M

Pandadoc Funding History

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

  • 2021 Series C

    Pandadoc raised a Series C of $55M at a $1B valuation in September 2021

  • 2020 Series B

    Pandadoc raised a Series B of $30M at a $255M valuation in August 2020

  • 2017 Series B

    Pandadoc raised a Series B of $15M

  • 2015 Series A

    Pandadoc raised a Series A of $5M

  • 2014 Seed Round

    Pandadoc raised a Seed Round of $400K

  • 2013 Seed Round

    Pandadoc raised a Seed Round of $655K

FUNDING DATEROUNDAMOUNTVALUATION
09/22/2021 Series C $55M $1B
08/05/2020 Series B $30M $255M
05/23/2017 Series B $15M
07/08/2015 Series A $5M
07/14/2014 Seed Round $400K
05/09/2013 Seed Round $655K

Team

Pandadoc has 390 total employees They have 30000 customers

2021
DISTRIBUTIONQTY
Total team size
390
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Mikita Mikado

I was born in Minsk, Belarus, around the time USSR started to collapse. Severe infection with the entrepreneurship bug got me to do things like wash cars when I was 7 and sell berries when I was 10. Eventually, it got so bad I had to jump on a plane to USA, where this type of disease is not only not treated, but also rewarded. There, I started numerous software companies, raised multi-million dollar financing rounds, built amazing teams, and helped dozens of thousands of businesses to be more efficient.Mikita Mikado is an entrepreneur, executive, and former engineer. He is currently the CEO of PandaDoc, a Series-A funded SaaS business in San Francisco.

Q&A

What`s your age?

31

Favorite online tool?

Google Calendar

Favorite book?

Pitch Anything

Favorite CEO?

Satya Nadella, MIcrosoft CEO

Advice for 20 year old self

Dont' focus on trying to make money, focus on learning as fast possible


Customers

Pandadoc has 30K customers.

Lifetime Months

24

x

Monthly ARPU

$110

=

Lifetime Dollar

$2.6K

Acquisition Cost

$1K

Average Annual Price

$1.3K

$0$1.3K9 month payback period024681012
$0$1.3K9 month payback period024681012

Churn

Pandadoc has an annual churn rate of 50.00%.

-100-500%50100

Gross Annual Dollar Churn

-50.00%

Annual Dollar Expansion

50.00%

Net Revenue Retention

100.00%


About Pandadoc

Monthly Revenue

$4.6M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

57.14%

=

Rule of 40

57


Pandadoc Board of Directors

NamePosition

Pandadoc Executives

NamePosition
Mikita Mikado CEO

Pandadoc Employees

NamePosition
Mikita Mikado CEO

Frequently Asked Questions about Pandadoc

When was Pandadoc founded?

Pandadoc was founded in 2011.

How much revenue does Pandadoc generate?

Pandadoc generates $55M in revenue.

Who is the CEO of Pandadoc?

The CEO of Pandadoc is Mikita Mikado.

How much funding does Pandadoc have?

Pandadoc was raised $106.1M.

How many employees does Pandadoc have?

Pandadoc has raised 390 employees.

Where is Pandadoc headquarters?

Pandadoc headquater is at United States