Parkbench revenue is $7.5 million
Parkbench team size is 96 employees
How did Latka collect this data?
Latka collected this data by interviewing Parkbench CEO Amanda Newman on 05/29/2016
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Parkbench
740-Broadview Avenue Toronto, Ontario, Canada
How Parkbench hit $7.5M Revenue with 1K customers in 2022.
Find local deals and events. Read local news and business reviews. Talk to a local real estate expert. Connect with locals in your neighborhood..Parkbench is an all-in-one sales & marketing platform for realtors who want to build their brand & get more clients in a neighborhood
2014
Founded
$7.5M
2022 Revenue
YOY
Funding
Parkbench Revenue
In 2022, Parkbench revenue run rate hit $7.5M in revenue.
2017
Parkbench hit $7.5M in revenue in 2017
2016
Parkbench hit $804K in revenue in 2016
2014
Parkbench launched in 2014 with $0 revenue
Parkbench Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|
Team
Parkbench has 96 total employees and 45 sales reps that carry a quota. They have 1000 customers an engineering team of 1 and a marketing team of 9
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 96 |
| Engineer | 1(1%) |
| Sales | 45(47%) |
| Marketing | 9(9%) |
CEO/Founder
Amanda Newman
At age six, I was going to work with my dad making boxes and washing bottles at my families water bottling company, Fernbrook Spring Water. While attending high school, I opened a retail clothing store with my mom where I got my first experience with sales and marketing. I became interested in real estate development and moved to Toronto to go to Humber College for Interior Design Architecture. In 2011 I got my Real Estate license where I gained experience as both a Commercial Sales Representative at Jones Lang LaSalle, as well as in Residential Sales at RE/MAX. These life experiences lead to the creation of Parkbench.com Parkbench.com offers one friendly realtor in each neighborhood of North America the ability to support their community, build relationships and grow their SOI at the same time. See what our clients are saying in the videos below. If what you see resinated with you, message me and set up a call to see if your area is still available!
Q&A
What`s your age?
30
Favorite online tool?
Docusign
Favorite book?
Dotcom Secrets
Favorite CEO?
Gary Vaynerchuck
Advice for 20 year old self
Start writing down goals earlier
Customers
Parkbench has 1K customers.
Lifetime Months
35
x
Monthly ARPU
$628
=
Lifetime Dollar
$21.5K
Acquisition Cost
$676
Average Annual Price
$7.5K
Churn
Parkbench has an annual churn rate of 35.00%.
Gross Annual Dollar Churn
-35.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
65.00%
About Parkbench
Monthly Revenue
$628K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
837.31%
=
Rule of 40
837
Parkbench Board of Directors
| Name | Position |
|---|
Parkbench Executives
| Name | Position |
|---|---|
| Amanda Newman | CEO |
Parkbench Employees
| Name | Position |
|---|---|
| Amanda Newman | CEO |
Frequently Asked Questions about Parkbench
When was Parkbench founded?
Parkbench was founded in 2014.
How much revenue does Parkbench generate?
Parkbench generates $7.5M in revenue.
Who is the CEO of Parkbench?
The CEO of Parkbench is Amanda Newman.
How much funding does Parkbench have?
Parkbench was raised $0.
How many employees does Parkbench have?
Parkbench has raised 96 employees.
Where is Parkbench headquarters?
Parkbench headquater is at Canada