How Qarrot hit $576K revenue and 100 customers in 2023.
Cloud-based employee recognition platform
2018
Founded
$576K
2023 Revenue
10%
YOY
$300K
Funding
Qarrot Revenue
In 2023, Qarrot revenue run rate hit $576K in revenue.
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2023
Qarrot hit $576K in revenue in 2023
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2021
Qarrot hit $480K in revenue in 2021
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2018
Qarrot launched in 2018 with $0 revenue
Qarrot Funding History
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2018 Convertible Note
Qarrot raised a Convertible Note of in September, 2018
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2016 Pre Seed Round
Qarrot raised a Pre Seed Round of in January, 2016
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
September, 24 2018 | Convertible Note | ||
January, 01 2016 | Pre Seed Round |
Team
Qarrot has 7 total employees. They have 100 customers an engineering team of 4 and a marketing team of 1.
DISTRIBUTION | QTY |
---|---|
Total team size | 7 |
Engineer | 4 (57%) |
Marketing | 1 (14%) |
Founder / CEO
Aaron Carr
Aaron Carr is the CEO and Founder of Qarrot, a cloud-based employee recognition platform for small to mid-sized businesses. Aaron and his team focus on helping organizations (with up to 2,500 employees) implement easy-to-use employee recognition and rewards programs to boost morale, celebrate key milestones, and drive better performance. Based in Canada, Qarrot works with clients in the USA, Canada, the UK, Australia, New Zealand, as well as multi-nationals with employees in 30+ countries. Prior to Qarrot, Aaron spent 15 years in the customer loyalty industry, developing products and solutions for Aeroplan, the Star Alliance (airline alliance), as well as the Air Miles Program. During this time, Aaron developed a passion for building technology-powered solutions to improve customer engagement and loyalty - a background brought to the founding and ongoing development and growth of Qarrot.
Q&A
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What's your age?
48
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Favorite online tool?
Slack
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Favorite book?
Liars Poker, The Innovators Dilemma
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Favorite CEO?
Tobias at Shopify
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Advice for 20 year old self
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Customers
Churn
Qarrot Executives
Name | Position | Working Email | Personal Email |
---|---|---|---|
Aaron Carr | CEO | [email protected] | - |
Qarrot Employees
Name | Position | Working Email | Personal Email |
---|---|---|---|
Aaron Carr | CEO | [email protected] | - |
Frequently Asked Questions about Qarrot
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When was Qarrot founded?
Qarrot was founded in 2018.
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How much revenue does Qarrot generate?
Qarrot generates $576K in revenue.
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Who is the CEO of Qarrot
The CEO of Qarrot is Aaron Carr.
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How much funding does Qarrot have?
Qarrot raised $300K.
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How many employees does Qarrot have?
Qarrot has 7 employees.
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Where is Qarrot headquarters?
Qarrot is headquartered at Montreal, Quebec, Canada
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