2020 Revenue

$245.0M

YOY

25.64%

Funding

$128.4M

How Pingidentity hit $245.0M in Revenue with 2K Customers in 2020.

About Pingidentity

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

Monthly Revenue

$20.4M

+ $4.2M (25.64%)
Total Expenses

$20.4M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

25.64%

=
Rule of 40

26


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Pingidentity CEO Andre Durand on 12/01/2020

Watch the podcast


Headquarters

1001 17th Street DenverColoradoUnited States
$Funding$Revenue

Pingidentity Revenue

In 2020, Pingidentity revenue run rate hit $245.0M in revenue.

48.00%▲26.00%▲$132.0M$195.0M$245.0M

Pingidentity Valuation and Funding History

Pingidentity has raised a total of $128.4M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
09/18/2014Series F$35.0M
06/04/2014Funding Round$1.1M
11/04/2013Funding Round$913.0K
07/16/2013Series E$44.0M
06/21/2011Series D$21.0M
11/18/2010Funding Round$60.5K
10/11/2006Series C$13.0M
05/11/2005Series B$7.5M
04/16/2004Series A$5.8M

Customers

Pingidentity has 2K customers.

Lifetime Months

100

×
Monthly ARPU

$10.0K

=
Lifetime Dollars

$1.0M


Acquisition Cost

$150.0K

Average Annual Price

$120.0K

$0$120.0K15 month payback period02468101214

Churn

Pingidentity has an annual churn rate of 12.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

40.00%

Net Revenue Retention

128.00%

Team

Employees

Pingidentity has 1,043 employees. They have 151 sales reps that carry a quota, an engineering team of 333 and a marketing team of 39.

201720182019202026.00%▲33.00%▲3.00%▲
DistributionQty

Total Team Size

1043

Engineers

333 (32%)

Sales

151 (14%)

Marketing

39 (4%)

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.


CEO 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


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Frequently Asked Questions about Pingidentity

When was Pingidentity founded?

Pingidentity was founded in 2002.


Who is the CEO of Pingidentity?

The CEO of Pingidentity is Andre Durand


How many employees does Pingidentity have?

Pingidentity has 1,043 employees.

How much revenue does Pingidentity generate?

Pingidentity generates $245.0M in revenue.


How much funding does Pingidentity have?

Pingidentity has raised $128.4M.


Where is Pingidentity headquarters?

Pingidentity is headquartered at 1001 17th Street DenverColoradoUnited States

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