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Pingidentity revenue is $245 million

Pingidentity is worth $977.1 million valuation

Pingidentity team size is 1000 employees


How did Latka collect this data?

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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

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How Pingidentity hit $245M Revenue with 2K customers in 2022.

Our mission is to simplify how enterprises provide secure and seamless digital experiences.

Founded

2002

Founded

Revenue

$245M

2022 Revenue

YOY
-----

YOY

Funding

$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

48.00% ▲26.00% ▲$132M$195M$245M

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 DATEROUNDAMOUNTVALUATION
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

2017201967▲
DISTRIBUTIONQTY
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

$0$120K15 month payback period02468101214
$0$120K15 month payback period02468101214

Churn

Pingidentity has an annual churn rate of 12.00%.

-100-500%50100

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

NamePosition

Pingidentity Executives

NamePosition
Andre Durand CEO

Pingidentity Employees

NamePosition
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