Qarrot revenue hit $576K in 2024

Qarrot generates revenue from 100 customers

Qarrot

Montreal, Quebec, Canada

How did Latka collect this data?

Latka collected this data by interviewing Qarrot CEO Aaron Carr on Aug 5, 2021

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Qarrot hit $576K revenue and 100 customers in 2023.

Cloud-based employee recognition platform

Founded

2018

Founded

Revenue

$576K

2023 Revenue

YOY

10%

YOY

Funding

$300K

Funding

Qarrot Revenue

In 2023, Qarrot revenue run rate hit $576K in revenue.

  • 2023

    Qarrot hit $576K in revenue in 2023

  • 2021

    Qarrot hit $480K in revenue in 2021

  • 2018

    Qarrot launched in 2018 with $0 revenue

Qarrot Funding History

  • 2018 Convertible Note

    Qarrot raised a Convertible Note of in September, 2018

  • 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

  • What's your age?

    48

  • Favorite online tool?

    Slack

  • Favorite book?

    Liars Poker, The Innovators Dilemma

  • Favorite CEO?

    Tobias at Shopify

  • Advice for 20 year old self

    -

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

  • When was Qarrot founded?

    Qarrot was founded in 2018.

  • How much revenue does Qarrot generate?

    Qarrot generates $576K in revenue.

  • Who is the CEO of Qarrot

    The CEO of Qarrot is Aaron Carr.

  • How much funding does Qarrot have?

    Qarrot raised $300K.

  • How many employees does Qarrot have?

    Qarrot has 7 employees.

  • Where is Qarrot headquarters?

    Qarrot is headquartered at Montreal, Quebec, Canada

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