Valuation
$3.6M
2020 Revenue
$1.2M
Customers
20K
Funding
$0
Avg ACV
$60
Team
8
Founded
2013
How Snipcart CEO Francois Lanthier grew to $1.2M revenue and 20K customers in 2020.
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Snipcart Revenue
In 2020, Snipcart's revenue reached $1.2M. Since its launch in 2013, Snipcart has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2020 | Snipcart Hit $1.2m revenue in January 2020 | |
| 2013 | Launched with $0 revenue |
Snipcart Valuation, Funding Rounds
Snipcart's most recent disclosed valuation is $3.6M.
Snipcart is a bootstrapped Shopping Cart Software startup. Founded in 2013, Snipcart has grown to $1.2M in revenue without raising any venture capital or outside funding.
As a self-funded Shopping Cart Software SaaS company, Snipcart has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Francois Lanthier
CEO at Snipcart I've been in charge of marketing for 6 years, during which we steadily grew our user base and revenue using content marketing and SEO. Now profitable, we have the luxury to experiment with other acquisition channels such as FB ads and video, and focus on CRO throughout our whole acquisition funnel. I've been featured on Indie Hackers, Infopresse, The Startup, freeCodeCamp, Baremetrics, Wishpond, Inbound.org, and more publications. Keen-eyed peers might spot my ghostwriting on other sites too. Since joining Snipcart, I had the chance to pitch and present our business in 13+ events all over the world (Canada, USA, France, Ireland). I worked remotely from half a dozen different countries in the last 4 years. My last talk was on Startup Essentialism [in French, see attached video 👇]. In 2014, I spent four months in Colorado developing the market for Snipcart and integrating a vibrant startup scene. Over there, I pitched our startup numerous times, presented our product to web agencies and collected valuable feedback. I'm now living in beautiful Québec City, focusing on content marketing, acquisition channels diversification and overall growth strategy for Snipcart. I also do a bit of mentoring and advising regarding content and SEO for startups. At school, I studied business administration and multimedia communication. But 85% of what I get paid for, I learned online by myself, through mentors, or by trial and error in the trenches.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Snipcart serves 20K customers.
Snipcart Employees & Team Size
Snipcart employs approximately 8 people as of 2026, down from 10 in 2019. It serves 20K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2020 | Reached 8 employees (December 2020) |
| 2020 | Reached 8 employees (June 2020) |
| 2020 | Reached 5 employees (January 2020) |
| 2019 | Reached 10 employees (December 2019) |
| 2018 | Reached 9 employees (December 2018) |
Frequently Asked Questions about Snipcart
What is Snipcart's revenue?
Snipcart generates $1.2M in revenue.
Who founded Snipcart?
Snipcart was founded by Francois Lanthier.
Who is the CEO of Snipcart?
The CEO of Snipcart is Francois Lanthier.
How much funding does Snipcart have?
Snipcart raised $0.
How many employees does Snipcart have?
Snipcart has 8 employees.
Where is Snipcart headquarters?
Snipcart is headquartered in Quebec, Quebec, Canada.
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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