Ryver logo
Founded 2013

Ryver

2018 Revenue

$840.0K

YOY

Funding

$13.0M

Overview

About Ryver

Ryver offers world-class team communications plus a powerful team task manager. It's a single integrated solution. (Think Slack+Trello in one.) Start for free. No credit card required.

Monthly Revenue

$70.0K

Total Expenses

$70.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Ryver CEO Pat Sullivan on 12/01/2020

Watch the podcast


Headquarters

14300 North Northsight Boulevard ScottsdaleArizonaUnited States
Website

ryver.com

Ryver Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Ryver revenue run rate hit $840.0K in revenue.

$840.0K

Funding History

Ryver has raised a total of $13.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
02/17/2015$2.2M
02/17/2015$599.9K
02/17/2015$1.4M
05/09/2014$1.5M
06/14/2013$5.2M
05/22/2012$1.7M

Customers

Ryver has 1K customers.

Lifetime Months

100

×
Monthly ARPU

$70.0

=
Lifetime Dollars

$7.0K


Acquisition Cost

$17.0

Average Annual Price

$840.0

$0$840.00 month payback period024681012

Churn

Ryver has an annual churn rate of 12.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

88.00%

Team

Employees

Ryver has 20 employees. They have an engineering team of 2. and a marketing team of 2.

201820192020-60.00%▼-12.00%▼
DistributionQty

Total Team Size

20

Engineers

2 (10%)

Sales

0

Marketing

2 (10%)

CEO/Founder

Pat Sullivan

Before he was the Godfather of CRM, Pat Sullivan was a salesman. That may explain why after he became Co-Founder and CEO of ACT!, over 6 million salespeople paid for it out of their own pockets. Following ACT!’s purchase by Symantec, he founded SalesLogix in 1995 and led its revenue growth to $108 million, successful IPO and repurchase of ACT!. Heralded as one of the “80 Most Influential People in Sales and Marketing History”, among Henry Ford, Walt Disney, Jack Welch and Bill Gates by Sales and Marketing Management, Pat Sullivan was also twice named Ernst & Young “Entrepreneur of the Year” for both ACT! and SalesLogix. Pat has served as a board member for multiple tech companies, and is currently working on revolutionizing the way business makes contact with the launch of Contatta.


CEO Q&A

What's your age?

65

Favorite online tool?

Google Suite

Favorite book?

Hard thing about hard things

Favorite CEO?

Elon Musk

Advice for 20 year old self

Understood finance and accounting far better


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Frequently Asked Questions about Ryver

When was Ryver founded?

Ryver was founded in 2013.


Who is the CEO of Ryver?

The CEO of Ryver is Pat Sullivan


How many employees does Ryver have?

Ryver has 20 employees.

How much revenue does Ryver generate?

Ryver generates $840.0K in revenue.


How much funding does Ryver have?

Ryver has raised $13.0M.


Where is Ryver headquarters?

Ryver is headquartered at 14300 North Northsight Boulevard ScottsdaleArizonaUnited States

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