Segment revenue hit $144 million in 2023
Segment valuation more than $3.2 billion
Segment team size is 584 employees
Segment
100 San Francisco, California, United States
How Segment hit $144M Revenue with 21K customers in 2023.
Segment collects events from your web & mobile apps and provides a complete data toolkit to every team in your company. Acquired by Twilio.
2011
Founded
$144M
2022 Revenue
YOY
$283.7M
Funding
Segment Revenue
In 2022, Segment revenue run rate hit $144M in revenue.
2020
Segment hit $144M in revenue in 2020
2019
Segment hit $96M in revenue in 2019
2017
Segment hit $36M in revenue in 2017
2013
Segment hit $1M in revenue in 2013
2011
Segment launched in 2011 with $0 revenue
Segment Funding History
2019 Acquired
Segment raised a Acquired of $175M at a $1.5B valuation in April 2019
2017 Series C
Segment raised a Series C of $64M
2015 Series B
Segment raised a Series B of $27M
2014 Series A
Segment raised a Series A of $15M
2013 Acquired
Segment raised a Acquired of $2M at a $10.5M valuation in October 2013
2013 Seed Round
Segment raised a Seed Round of $600K
2011 Pre Seed Round
Segment raised a Pre Seed Round of $120K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 04/02/2019 | Acquired | $175M | $1.5B |
| 07/16/2017 | Series C | $64M | |
| 10/09/2015 | Series B | $27M | |
| 10/01/2014 | Series A | $15M | |
| 10/01/2013 | Acquired | $2M | $10.5M |
| 01/15/2013 | Seed Round | $600K | |
| 09/01/2011 | Pre Seed Round | $120K |
Team
Segment has 584 total employees and 133 sales reps that carry a quota. They have 21000 customers an engineering team of 144 and a marketing team of 43
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 584 |
| Engineer | 144(25%) |
| Sales | 133(23%) |
| Marketing | 43(7%) |
CEO/Founder
Peter Reinhardt
Segment's co-founder and CEO; He studied Aerospace Engineering at MIT and fell into the world of customer data and analysis when he and three of his college friends started Segment in 2011 as part of Y Combinator. He and his wife Erika, who he met at MIT, live together in San Francisco.
Q&A
What`s your age?
27
Favorite online tool?
Favorite book?
Crucial Conversation
Favorite CEO?
Jeff Bezos
Advice for 20 year old self
Practice writing.
Customers
Segment has 21K customers.
Lifetime Months
100
x
Monthly ARPU
$2K
=
Lifetime Dollar
$200K
Acquisition Cost
-
Average Annual Price
$24K
Churn
Segment has an annual churn rate of 12.00%.
Gross Annual Dollar Churn
-12.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
88.00%
About Segment
Monthly Revenue
$12M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
50.00%
=
Rule of 40
50
Segment Board of Directors
| Name | Position |
|---|
Segment Executives
| Name | Position |
|---|---|
| Peter Reinhardt | CEO |
Segment Employees
| Name | Position |
|---|---|
| Peter Reinhardt | CEO |
Frequently Asked Questions about Segment
When was Segment founded?
Segment was founded in 2011.
How much revenue does Segment generate?
Segment generates $144M in revenue.
Who is the CEO of Segment?
The CEO of Segment is Peter Reinhardt.
How much funding does Segment have?
Segment raised $283.7M.
How many employees does Segment have?
Segment has 584 employees.
Where is Segment headquarters?
Segment is headquartered in United States