How did Latka collect this data?
Latka collected this data by interviewing Skubana CEO Chad Rubin on 11/21/2016
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2015
Founded
$18M
2022 Revenue
YOY
$4.2M
Funding
Skubana Revenue
In 2022, Skubana revenue run rate hit $18M in revenue.
2018
Skubana hit $18M in revenue in 2018
2016
Skubana hit $3.6M in revenue in 2016
2015
Skubana launched in 2015 with $0 revenue
Skubana Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019
Skubana raised a of $4.2M
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
05/24/2019 | $4.2M |
Team
Skubana has 27 total employees They have 1000 customers
DISTRIBUTION | QTY |
---|---|
Total team size | 27 |
Engineer | 0(0%) |
Sales | 0(0%) |
Marketing | 0(0%) |
CEO/Founder
I’ve had the honor and pleasure of interviewing Chad Rubin, Skubana founder and one of the most successful online sellers. How did you come up with the idea to start your own eCommerce business – Think Crucial? It came down to creating products that solve problems. There are two parts to how I arrived at it—first my family background and second my first job after graduation. My parents were in the vacuum cleaner business and were barely able to make ends meet. On the flipside, because I grew up in the business I knew everything there’s to know about vacuum cleaners. Being a first-generation college graduate and working on Wall Street I came across a lot of technology stocks. I saw that stocks of Amazon, Google and online retail giants were doing really well. There was a lot of growth in the field. So I told my parents that instead of selling vacuum cleaners in a physical retail store why not sell them on the Internet. We began by enlisting the problems, so that we could create something customers would appreciate. The big problem was expensive, over-priced genuine products that made you pay for shipping, returns, so we cut out the middleman, created reusable filters, free shipping, free returns and planted a tree for every thousand sold.
What`s your age?
32
Favorite online tool?
Hubspot
Favorite book?
Experts Secrets
Favorite CEO?
Jason Fried
Advice for 20 year old self
Start company sooner!
Customers
Skubana has 1K customers.
Lifetime Months
400
x
Monthly ARPU
$1.5K
=
Lifetime Dollar
$600K
Acquisition Cost
$1K
Average Annual Price
$18K
Churn
Skubana has an annual churn rate of 3.00%.
Gross Annual Dollar Churn
-3.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
97.00%
About Skubana
Monthly Revenue
$1.5M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Skubana Board of Directors
Name | Position |
---|
Skubana Executives
Name | Position |
---|---|
Chad Rubin | CEO |
Skubana Employees
Name | Position |
---|---|
Chad Rubin | CEO |
Frequently Asked Questions about Skubana
When was Skubana founded?
Skubana was founded in 2015.
How much revenue does Skubana generate?
Skubana generates $18M in revenue.
Who is the CEO of Skubana?
The CEO of Skubana is Chad Rubin.
How much funding does Skubana have?
Skubana was raised $4.2M.
How many employees does Skubana have?
Skubana has raised 27 employees.
Where is Skubana headquarters?
Skubana headquater is at United States