Pingidentity revenue is $245 million
Pingidentity is worth $977.1 million valuation
Pingidentity team size is 1000 employees
How did Latka collect this data?
Latka collected this data by interviewing Pingidentity CEO Andre Durand on 04/16/2004
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Pingidentity
1001-17th Street Denver, Colorado, United States
How Pingidentity hit $245M Revenue with 2K customers in 2022.
Our mission is to simplify how enterprises provide secure and seamless digital experiences.
2002
Founded
$245M
2022 Revenue
YOY
$923.9M
Funding
Pingidentity Revenue
In 2022, Pingidentity revenue run rate hit $245M in revenue.
2020
Pingidentity hit $245M in revenue in 2020
2019
Pingidentity hit $195M in revenue in 2019
2017
Pingidentity hit $132M in revenue in 2017
2002
Pingidentity launched in 2002 with $0 revenue
Pingidentity Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019
Pingidentity raised a of $187.5M at a $977.1M valuation in September 2019
2016
Pingidentity raised a of $600M
2014 Series F
Pingidentity raised a Series F of $35M at a $251.8M valuation in September 2014
2014 Funding Round
Pingidentity raised a Funding Round of $1.1M
2013 Funding Round
Pingidentity raised a Funding Round of $913K
2013 Series E
Pingidentity raised a Series E of $44M at a $208M valuation in July 2013
2011 Series D
Pingidentity raised a Series D of $21M at a $118M valuation in June 2011
2010 Funding Round
Pingidentity raised a Funding Round of $60.5K
2008
Pingidentity raised a of $8M at a $55M valuation in December 2008
2006 Series C
Pingidentity raised a Series C of $13M at a $29.7M valuation in October 2006
2005 Series B
Pingidentity raised a Series B of $7.5M at a $10.3M valuation in May 2005
2004 Series A
Pingidentity raised a Series A of $5.8M at a $4.1M valuation in April 2004
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 09/19/2019 | $187.5M | $977.1M | |
| 06/30/2016 | $600M | ||
| 09/18/2014 | Series F | $35M | $251.8M |
| 06/04/2014 | Funding Round | $1.1M | |
| 11/04/2013 | Funding Round | $913K | |
| 07/16/2013 | Series E | $44M | $208M |
| 06/21/2011 | Series D | $21M | $118M |
| 11/18/2010 | Funding Round | $60.5K | |
| 12/22/2008 | $8M | $55M | |
| 10/11/2006 | Series C | $13M | $29.7M |
| 05/11/2005 | Series B | $7.5M | $10.3M |
| 04/16/2004 | Series A | $5.8M | $4.1M |
Team
Pingidentity has 1000 total employees They have 1500 customers
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1000 |
| Engineer | 0(0%) |
| Sales | 0(0%) |
| Marketing | 0(0%) |
CEO/Founder
Andre Durand
In the past 20 years, Andre has founded and grown a number of successful software companies. Andre founded Durand Communications in 1993. The company pioneered the first online photograph database and Windows NT client/server bulletin board. In 1998, the company was sold to Webb Interactive. Jabber was founded by Andre in 2000 where he commercialized the Jabber instant messaging open source platform, creating the Jabber Software Foundation in the process. Today Jabber is used around the world by hundreds of thousands of businesses. Jabber was sold to Cisco in 2008. In 2002 Andre founded Ping Identity with a vision of securing the Internet through identity. Among his many contributions to the identity and security industry, he founded and chairs the identity industry conference, Identiverse, now in its 10th year. Andre holds a BA in Biology and Economics from the University of California at Santa Barbara and lives in Denver, Colorado with his wife Kim and two daughters, Parker and Samantha.
Q&A
What`s your age?
51
Favorite online tool?
Powerpoint
Favorite book?
Good To Great
Favorite CEO?
Vista CEO's
Advice for 20 year old self
Way world works vs what folks tell you are different
Customers
Pingidentity has 2K customers.
Lifetime Months
100
x
Monthly ARPU
$10K
=
Lifetime Dollar
$1M
Acquisition Cost
$150K
Average Annual Price
$120K
Churn
Pingidentity has an annual churn rate of 12.00%.
Gross Annual Dollar Churn
-12.00%
Annual Dollar Expansion
40.00%
Net Revenue Retention
128.00%
About Pingidentity
Monthly Revenue
$20.4M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
25.64%
=
Rule of 40
26
Pingidentity Board of Directors
| Name | Position |
|---|
Pingidentity Executives
| Name | Position |
|---|---|
| Andre Durand | CEO |
Pingidentity Employees
| Name | Position |
|---|---|
| Andre Durand | CEO |
Frequently Asked Questions about Pingidentity
When was Pingidentity founded?
Pingidentity was founded in 2002.
How much revenue does Pingidentity generate?
Pingidentity generates $245M in revenue.
Who is the CEO of Pingidentity?
The CEO of Pingidentity is Andre Durand.
How much funding does Pingidentity have?
Pingidentity was raised $923.9M.
How many employees does Pingidentity have?
Pingidentity has raised 1000 employees.
Where is Pingidentity headquarters?
Pingidentity headquater is at United States