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Penji revenue hit $4.2 million in 2023

Penji team size is 133 employees


How did Latka collect this data?

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Latka collected this data by interviewing Penji CEO Johnathan Grzybowski on 10/13/2020

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Penji

1 Market Street Camden, Nj, United States

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How Penji hit $4.2M Revenue with 1K customers in 2023.

Penji.co is owned by Penji LLC, a graphic design company that provides unlimited graphic design services for businesses, agencies, and individuals. The company was founded in 2017 and is headquartered in New Jersey, USA. Penji's services include logo design, website design, marketing materials, social media graphics, and more. The company's unique business model allows customers to submit unlimited design requests, with a team of dedicated designers who work on the projects until they are completed to the customer's satisfaction. Penji's mission is to provide high-quality design services at an affordable price, helping businesses and individuals create stunning visuals to enhance their brand and marketing efforts.

Founded

2017

Founded

Revenue

$4.2M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Penji Revenue

In 2022, Penji revenue run rate hit $4.2M in revenue.

  • 2021

    Penji hit $4.2M in revenue in 2021

  • 2019

    Penji hit $2M in revenue in 2019

  • 2018

    Penji hit $1.2M in revenue in 2018

  • 2017

    Penji launched in 2017 with $0 revenue

70.00% ▲106.00% ▲$1.2M$2M$4.2M

Penji Funding History

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Penji has 133 total employees They have 1000 customers an engineering team of 7

    20162020432▲
    DISTRIBUTIONQTY
    Total team size
    133
    Engineer
    7(5%)
    Sales
    0(0%)
    Marketing
    0(0%)

    CEO/Founder

    Johnathan Grzybowski

    Johnathan Grzybowski, is the co-founder of Penji. A platform that gives you on-demand access to the top two percent of designers in the world. You can submit as many projects as you want, get your completed designs back in under 48 hours and only pay a flat monthly rate. His personal mission is to empower the next generation of entrepreneurs to challenge simple minded patterns that help elevate, execute, and produce more revenue for their business.

    Q&A

    What`s your age?

    31

    Favorite online tool?

    Snowvio

    Favorite book?

    Never get a real job

    Favorite CEO?

    Tony Shea

    Advice for 20 year old self

    Be more patient


    Customers

    Penji has 1K customers.

    Lifetime Months

    6

    x

    Monthly ARPU

    $499

    =

    Lifetime Dollar

    $3K

    Acquisition Cost

    $250

    Average Annual Price

    $6K

    $0$6K1 month payback period024681012
    $0$6K1 month payback period024681012

    Churn

    Penji has an annual churn rate of 120.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -120.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    0.00%


    About Penji

    Monthly Revenue

    $350K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Penji Board of Directors

    NamePosition

    Penji Executives

    NamePosition
    Johnathan Grzybowski CEO

    Penji Employees

    NamePosition
    Johnathan Grzybowski CEO

    Frequently Asked Questions about Penji

    When was Penji founded?

    Penji was founded in 2017.

    How much revenue does Penji generate?

    Penji generates $4.2M in revenue.

    Who is the CEO of Penji?

    The CEO of Penji is Johnathan Grzybowski.

    How much funding does Penji have?

    Penji raised $0.

    How many employees does Penji have?

    Penji has 133 employees.

    Where is Penji headquarters?

    Penji is headquartered in United States