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Snip

Toronto, Ontario, Canada

Valuation

$1.8M

2016 Revenue

$600K

Customers

1K

Funding

$0

Avg ACV

$600

Team

4

Founded

2014

Snip Revenue & Valuation (2016)

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Snip Revenue

In 2016, Snip's revenue reached $600K. Since its launch in 2014, Snip has shown consistent revenue growth.

Snip Revenue GrowthReported revenue / ARR over time$0$150K$300K$450K$600K$750K201420152016$0$600KSource: GetLatka.com
YearMilestoneSource
2016Snip Hit $600k revenue in October 2016
2014Launched with $0 revenue

Snip Valuation, Funding Rounds

Snip's most recent disclosed valuation is $1.8M.

Snip Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12014Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Michael Cheng

CEO

Michael founded Sniply, a link sharing tool, in 2014 and grew the userbase to over 200K within 3 years. Responding to the decline of links and growth of video, Michael's team launched Lumen5, a video automation platform, in 2017 and passed $1 million in ARR within 10 months of launch.

Q&A

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Customers

Snip serves 1K customers.

Snip Employees & Team Size

Snip employs approximately 4 people as of 2026. It serves 1K customers that rely on its solutions.

Snip Team GrowthReported headcount over time0123452014201520160044Source: GetLatka.com
YearMilestoneSource
2016Reached 4 employees (October 2016)

Frequently Asked Questions about Snip

What is Snip's revenue?

Snip generates $600K in revenue.

Who founded Snip?

Snip was founded by Michael Cheng.

Who is the CEO of Snip?

The CEO of Snip is Michael Cheng.

How much funding does Snip have?

Snip raised $0.

How many employees does Snip have?

Snip has 4 employees.

Where is Snip headquarters?

Snip is headquartered in Toronto, Ontario, Canada.

Compare Snip to the industry

Snip operates across multiple industries. Browse revenue, funding, and growth data for Snip in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Snip Revenue 2016: $600K ARR, $1.8M Valuation