How did Latka collect this data?
Latka collected this data by interviewing Productfy CEO Duy Vo on 12/08/2021
Watch the podcastDeveloper of a secure and advanced platform intended for building financial applications. The company's cost-effective SaaS platform combines a scalable modular architecture with the comprehensive marketplace of in-class financial features under a unified API with customizable widgets enabling users to build and integrate world-class Fintech applications or add financial products like charge card issuance, depository services, ACH and payments, KYC, credit reports and loyalty programs..Embedded banking for any organization
2018
Founded
$2M
2022 Revenue
YOY
$18.4M
Funding
Productfy Revenue
In 2022, Productfy revenue run rate hit $2M in revenue.
2021
Productfy hit $2M in revenue in 2021
2018
Productfy launched in 2018 with $0 revenue
Productfy Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Series A
Productfy raised a Series A of $16M at a $80M valuation in December 2021
2020 Seed Round
Productfy raised a Seed Round of $2.4M
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
12/08/2021 | Series A | $16M | $80M |
06/01/2020 | Seed Round | $2.4M |
Team
Productfy has 30 total employees They have 50 customers an engineering team of 17
DISTRIBUTION | QTY |
---|---|
Total team size | 30 |
Engineer | 17(57%) |
Sales | 0(0%) |
Marketing | 0(0%) |
CEO/Founder
Founder at Productfy, Inc. . I'm passionate about building software that materially and positively impacts the world. I have significant domain expertise in FinTech, InsurTech, and HealthTech. Duy started Productfy with the thesis that financial services is moving to the edge, where the user experience is. Duy is a product leader, having spent much of his career at FinTechs and InsureTechs. He is deeply passionate about financial services because he believes that the sector has both a huge opportunity and tremendous moral obligation to do societal good, and it’s largely failed our most vulnerable populations. He believes in the democratization of financial products and is committed to changing the way financial products are built… for good!
What`s your age?
38
Favorite online tool?
Angel List
Favorite book?
Algorithms to live by
Favorite CEO?
None
Advice for 20 year old self
Persistant
Customers
Productfy has 50 customers.
Lifetime Months
-
x
Monthly ARPU
$3K
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
$12K
Churn
Productfy has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Productfy
Monthly Revenue
$166.7K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Frequently Asked Questions about Productfy
When was Productfy founded?
Productfy was founded in 2018.
How much revenue does Productfy generate?
Productfy generates $2M in revenue.
Who is the CEO of Productfy?
The CEO of Productfy is Duy Vo.
How much funding does Productfy have?
Productfy was raised $18.4M.
How many employees does Productfy have?
Productfy has raised 30 employees.
Where is Productfy headquarters?
Productfy headquater is at United States