Valuation
$1.8M
2016 Revenue
$600K
Customers
1K
Funding
$0
Avg ACV
$600
Team
4
Churn
60%
Founded
2014
How Snip CEO Michael Cheng grew Snip to $600K revenue and 1K customers in 2016.
Sniply is the future of content marketing!
Last updated
Snip Revenue
In 2016, Snip's revenue reached $600K. Since its launch in 2014, Snip has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2016 | Snip Hit $600k revenue in October 2016 | |
| 2014 | Launched with $0 revenue |
Snip Valuation, Funding Rounds
Snip's most recent disclosed valuation is $1.8M.
Snip is a bootstrapped Other Digital Advertising Software startup. Founded in 2014, Snip has grown to $600K in revenue without raising any venture capital or outside funding.
As a self-funded Other Digital Advertising Software SaaS company, Snip has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Snip Employees & Team Size
Snip employs approximately 4 people as of 2026.
Snip has 4 total employees in different roles and functions. They have 1K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2016 | Reached 4 employees (October 2016) |
Founder / CEO
Michael Cheng
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
| Question | Answer |
|---|---|
| What's your age? | 32 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Snip acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently 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.
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Compare Snip to the industry
Snip operates across multiple industries. Browse revenue, funding, and growth data for Snip in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .