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racksnetrevenue, valuation & funding

GermanyFounded 2017

Shut down
LinkedInUpdated Feb 7, 2022
Annual revenue
$592K
Apr 2021
Valuation
$5.6M
Aug 2019
Total raised
$1M
1 round
Employees
7
Apr 2021

racksnet revenue

racksnet's annual revenue was $592K in April 2021 (source not recorded). The company has since shut down.

$0
$200K
$400K
$592K
2021
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Apr 2021$592K–

– source not recorded

racksnet valuation

racksnet is privately held, so there is no racksnet stock to buy. Investors valued it at $5.6M in its August 2019 Series A.

racksnet funding rounds & investors

racksnet has raised $1M in one round: a Series A in August 2019.

DateRoundRaisedValuation
Aug 2019Series A$1M$5.6M
Total raised$1M

racksnet CEO, founders & employees

Nauman Basit founded racksnet in 2017 and led it as CEO. racksnet had 7 employees (April 2021).

0
2
4
6
7
2021
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Apr 2021): 1 engineers, 1 in sales, 2 in marketing

racksnet FAQ

Is racksnet still in business?

No. racksnet has shut down.

What was racksnet's revenue?

racksnet's annual revenue was $592K in April 2021 (source not recorded).

How much funding has racksnet raised?

racksnet raised $1M in one funding round before it shut down: a Series A in August 2019.

How many employees does racksnet have?

racksnet had 7 employees in April 2021.

Who founded racksnet?

Nauman Basit founded racksnet in 2017.

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How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Feb 7, 2022Data disclaimerReport a correction