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Parkbench revenue is $7.5 million

Parkbench team size is 96 employees


How did Latka collect this data?

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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

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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

Founded

2014

Founded

Revenue

$7.5M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

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

837.00% ▲$804K$7.5M

Parkbench Funding History

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

    FUNDING DATEROUNDAMOUNTVALUATION

    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

    20162017201820192020275▲77▲4▲2▲
    DISTRIBUTIONQTY
    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

    $0$7.5K1 month payback period024681012
    $0$7.5K1 month payback period024681012

    Churn

    Parkbench has an annual churn rate of 35.00%.

    -100-500%50100

    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

    NamePosition

    Parkbench Executives

    NamePosition
    Amanda Newman CEO

    Parkbench Employees

    NamePosition
    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