logo
logo

Parakey revenue is $1.5 million

Parakey team size is 18 employees


logo

Parakey

- Gothenburg, Vã¤stra Gã¶taland, Sweden

linkedintwitterwebsite

How Parakey hit $1.5M Revenue with 175K customers in 2022.

Developer of a cloud based application that grants users access to smartphone's administration. The company uses its cloud service, application and small hardware to give visitors the possibility to purchase a ticket and let themselves in through the entrance gate, thereby allowing facility owners to turn users smartphones into access keys to their premises.

Founded

2014

Founded

Revenue

$1.5M

2022 Revenue

YOY
-----

YOY

Funding

$1.8M

Funding


Parakey Revenue

In 2022, Parakey revenue run rate hit $1.5M in revenue.

  • 2021

    Parakey hit $1.5M in revenue in 2021

  • 2021

    Parakey hit $1.4M in revenue in 2021

  • 2020

    Parakey hit $740K in revenue in 2020

  • 2014

    Parakey launched in 2014 with $0 revenue

95.00% ▲4.00% ▲$740K$1.4M$1.5M

Parakey Funding History

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

  • 2018

    Parakey raised a of $1.1M

  • 2017

    Parakey raised a of $360.5K

  • 2016

    Parakey raised a of $360.5K

FUNDING DATEROUNDAMOUNTVALUATION
12/07/2018 $1.1M
12/13/2017 $360.5K
02/01/2016 $360.5K

Team

Parakey has 18 total employees They have 175000 customers

2021
DISTRIBUTIONQTY
Total team size
18
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Eric Franklin

CEO and Co Founder of Parakey since June 2014 to present. Tech geek that's always looking for new challenges.

Q&A

What`s your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


Customers

Parakey has 175K customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Parakey has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Parakey

Monthly Revenue

$125K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Parakey Board of Directors

NamePosition

Parakey Executives

NamePosition
Eric Franklin CEO

Parakey Employees

NamePosition
Eric Franklin CEO

Frequently Asked Questions about Parakey

When was Parakey founded?

Parakey was founded in 2014.

How much revenue does Parakey generate?

Parakey generates $1.5M in revenue.

Who is the CEO of Parakey?

The CEO of Parakey is Eric Franklin.

How much funding does Parakey have?

Parakey was raised $1.8M.

How many employees does Parakey have?

Parakey has raised 18 employees.

Where is Parakey headquarters?

Parakey headquater is at Sweden