Prism.fm logo
Founded 2017

Prism.fm

 
2020 Revenue

$676.8K

YOY

Funding

$2.7M

Overview

About Prism.fm

We make great software for promoters

Monthly Revenue

$56.4K

Total Expenses

$156.4K

=
Net Income

($100.0K)

Ebidta Margin

-200%

+
YOY Growth

=
Rule of 40

-200


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Prism.fm CEO Matt Ford on 04/02/2020.

Watch the podcast


Headquarters

1136 Eastfield Avenue AustinTexasUnited States

Prism.fm Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, Prism.fm revenue run rate hit $676.8K in revenue.

20172020$676.8K

Funding History

Prism.fm has raised $2.7M.

Funding Amount

$2.7M

Funding Rounds

-

Monthly Burn

($100.0K)

Customers

Prism.fm has 150 customers.

Lifetime Months

×
Monthly ARPU

$376.0

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$4.5K

$0$4.5K024681012

Churn

Prism.fm has an annual churn rate of 0%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0%

Annual Dollar Expansion

+0%

Net Revenue Retention

100%

Team

Employees

Prism.fm has 16 employees..

162020
DistributionQty

All

16

Engineers

0

Quota Carrying

0

CEO/Founder

Matt Ford

BIO - Matt Ford launched his first Music Tech startup - spotlight.fm - while attending the University of Wisconsin in 2011. Spotlight.fm was a marketing platform for major festivals, record labels, promoters, and music brands including Ableton, Electric Daisy Carnival, and Frank Productions. After growing the userbase to over 250k, Matt successfully exiting the company and started Solstice in 2014. Solstice started as a hybrid concert management platform and concert promoter. While putting on thousands of events around Austin including an annual festival (Solstice Festival), Matt began working on technology to connect venues and artists with a tech partner Adrian Tavares. Through this process, the ubiquitous problem venues, agents and promoters face operationally became abundantly clear. Prism.fm emerged in 2018 with Matt as the CEO. In just 2 short years since inception, Prism is working with hundreds of partners around the world booking thousands of venues.


Q&A

What's your age?

30

Favorite online tool?

Pendo

Favorite book?

Alan Watts Autiobiography

Favorite CEO?

None

Advice for 20 year old self

Believe in yourself more


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