How Semrush hit $330M revenue and 67K customers in 2024.
SEMrush is a US-based online visibility management and content marketing SaaS platform that provides marketing analytics software solutions for businesses. The platform allows businesses to track their online presence, measure their website's performance, conduct competitor analysis, and monitor social media and advertising campaigns. SEMrush's solution includes features such as keyword research, site audit, backlink analysis, and PPC research. The company's mission is to help businesses grow their online presence and improve their digital marketing efforts through data-driven insights. SEMrush is headquartered in Boston and has offices in St. Petersburg, Prague, and Cyprus.
2008
Founded
$330M
2024 Revenue
14.96%
YOY
$40M
Funding
Semrush Revenue
In 2024, Semrush revenue run rate hit $330M in revenue.
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2024
Semrush hit $330M in revenue in 2024
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2022
Semrush hit $254M in revenue in 2022
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2020
Semrush hit $124.9M in revenue in 2020
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2020
Semrush hit $101.5M in revenue in 2020
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2019
Semrush hit $92.1M in revenue in 2019
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2018
Semrush hit $64.8M in revenue in 2018
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2008
Semrush launched in 2008 with $0 revenue
Semrush Funding History
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2018 Series A
Semrush raised a Series A of in April, 2018
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| April, 24 2018 | Series A |
Team
Semrush has 1,500 total employees and 136 sales reps that carry a quota. They have 67,000 customers an engineering team of 184 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1.5K |
| Engineer | 184 (12%) |
| Sales | 136 (9%) |
| Marketing | 2 (0%) |
Founder / CEO
Eugene Levin
Eugene was one of the first investors to spot SEMrush. After joining the company as a Chief Strategy Officer he helped to more than quadruple company revenue and raised over $40m from Tier 1 investors. Before SEMrush, Eugene was a partner at Target Global, pan-european venture fund that invests in consumer Internet space. There Eugene was in charge of late stage pipeline and worked on number of notable transactions including Lyft and Delivery Hero. Eugene started his VC career as Senior Associate and then Partner at Foresight Ventures. Foresight Ventures was focused on early stage US technology companies and was ranked top 10 Russian VC Firm by Forbes In 2013.
Q&A
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Customers
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Semrush Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Oleg Shchegolev | CEO | [email protected] | - |
Semrush Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Oleg Shchegolev | CEO | [email protected] | - |
| Eugene Levin | President | - | - |
| Dylan Pearce | Investor | [email protected] | [email protected] |
Semrush Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Dmitri Melnikov | Board Director | [email protected] | [email protected] |
| Mark Vranesh | Board Member | [email protected] | [email protected] |
| Steven Aldrich | Board Member | - | - |
| William Wagner | Board Member | - | - |
| Roman Simonov | Board Member | - | - |
| Anna Baird | Board Member | [email protected] | - |
| Trynka Shineman | Board Member | [email protected] | - |
Frequently Asked Questions about Semrush
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When was Semrush founded?
Semrush was founded in 2008.
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How much revenue does Semrush generate?
Semrush generates $330M in revenue.
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Who is the CEO of Semrush
The CEO of Semrush is Eugene Levin.
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How much funding does Semrush have?
Semrush raised $40M.
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How many employees does Semrush have?
Semrush has 1.5K employees.
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Where is Semrush headquarters?
Semrush is headquartered at 800 Boylston St, Suite 2475, Boston, Massachusetts, 2199, United States
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