Parkbench logo
Founded 2014

Parkbench

 
2017 Revenue

$7.5M

YOY

837%

Funding

$125.0K

Overview

About Parkbench

Find local deals and events. Read local news and business reviews. Talk to a local real estate expert. Connect with locals in your neighborhood.

Monthly Revenue

$628.0K

+ $561.0K (837%)
Total Expenses

$628.0K

=
Net Income

$0.0

Ebidta Margin

0%

+
YOY Growth

837%

=
Rule of 40

837


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Parkbench CEO Amanda Newman on 05/31/2017.

Watch the podcast


Headquarters

740 Broadview Avenue TorontoOntarioCanada

Parkbench Revenue vs Funding

$Funding$Revenue

Revenue

In 2017, Parkbench revenue run rate hit $7.5M in revenue.

837%▲$804.0K$7.5M

Funding History

Parkbench has raised $125.0K.

Funding DateRoundTotalValuation
05/31/2017$125.0K
05/29/2016$125.0K

Customers

Parkbench has 1K customers.

Lifetime Months

34

×
Monthly ARPU

$628.0

=
Lifetime Dollars

$21.5K


Acquisition Cost

$676.0

Average Annual Price

$7.5K

$0$7.5K1 month payback period024681012

Churn

Parkbench has an annual churn rate of 35%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-35%

Annual Dollar Expansion

+0%

Net Revenue Retention

65%

Team

Employees

Parkbench has 30 employees..

83020162017275%▲
DistributionQty

All

30

Engineers

0

Quota Carrying

0

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!


CEO 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


Frequently Asked Questions about Parkbench

When was Parkbench founded?

Parkbench was founded in 2014.


Who is the CEO of Parkbench?

The CEO of Parkbench is Amanda Newman


How many employees does Parkbench have?

Parkbench has 30 employees.

How much revenue does Parkbench generate?

Parkbench generates $7.5M in revenue.


How much funding does Parkbench have?

Parkbench has raised $125.0K.


Where is Parkbench headquarters?

Parkbench is headquartered at 740 Broadview Avenue TorontoOntarioCanada

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