Socialtables logo
Founded 2011

Socialtables

2019 Revenue

$20.0M

YOY

Funding

$22.5M

How Socialtables hit $20.0M in Revenue with 5K Customers in 2019.

About Socialtables

Making face-to-face events more successful

Monthly Revenue

$1.7M

Total Expenses

$1.7M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Socialtables CEO Dan Berger on 12/01/2020

Watch the podcast


Headquarters

1325 G Street Northwest WashingtonDistrict of ColumbiaUnited States
$Funding$Revenue

Socialtables Revenue

In 2019, Socialtables revenue run rate hit $20.0M in revenue.

$20.0M

Socialtables Valuation and Funding History

Socialtables has raised a total of $22.5M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
10/04/2016$13.0M
08/06/2014$8.0M
07/30/2013$1.0M
05/22/2012$500.0K

Customers

Socialtables has 5K customers.

Lifetime Months

240

×
Monthly ARPU

$333.0

=
Lifetime Dollars

$80.0K


Acquisition Cost

$7.0K

Average Annual Price

$4.0K

$0$4.0K21 month payback period0246810121416182022

Churn

Socialtables has an annual churn rate of 5.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-5.00%

Annual Dollar Expansion

10.00%

Net Revenue Retention

105.00%

Team

Employees

Socialtables has 134 employees. They have 15 sales reps that carry a quota, an engineering team of 22 and a marketing team of 2.

201820192020-25.00%▼-1.00%▼
DistributionQty

Total Team Size

134

Engineers

22 (16%)

Sales

15 (11%)

Marketing

2 (1%)

CEO/Founder

Dan Berger

Dan Berger is the Founder, VP, and General Manager of the Washington, D.C.-based Social Tables. Founded in 2011, Social Tables provides event sales, marketing, and operations software which have enabled over 250,000 planners and 5,000 hotel & venue professionals to execute 4.5 million events. The company has served organizations and hospitality brands, including Hyatt, The Venetian, ClubCorp, Under Armour, Live Nation, and Forbes. Formerly backed by Bessemer Venture Partners, QuestMark Partners, Thayer Venture Partners, and other investors, Social Tables raised a total of $22.6 million before being acquired in October 2018.. Dan has been recognized as an industry and tech leader by BizBash, Catersource, Washingtonian, MeetingsNet, and other publications. He is the recipient of the Pacesetter Award from the Events Industry Council and was named one of the most influential leaders in the meetings industry in Successful Meetings for two years in a row. He volunteers with several industry organizations, including the Events Industry Council. Dan chairs the Capital Tech Coalition and the Georgetown Tech Alliance DC Chapter. Prior to Social Tables, Dan worked in management consulting, ran a large association, worked for a Member of Congress, and built websites for several startups. Dan has a BA from Hunter College and an MBA from Georgetown. He was born in Israel, grew up in NYC, and lives in DC with his dog, Leroy.


CEO Q&A

What's your age?

37

Favorite online tool?

Quickbooks, Zuora

Favorite book?

Predictable Success

Favorite CEO?

Reggie Agarwal Cvent

Advice for 20 year old self

Learning to program is best


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Frequently Asked Questions about Socialtables

When was Socialtables founded?

Socialtables was founded in 2011.


Who is the CEO of Socialtables?

The CEO of Socialtables is Dan Berger


How many employees does Socialtables have?

Socialtables has 134 employees.

How much revenue does Socialtables generate?

Socialtables generates $20.0M in revenue.


How much funding does Socialtables have?

Socialtables has raised $22.5M.


Where is Socialtables headquarters?

Socialtables is headquartered at 1325 G Street Northwest WashingtonDistrict of ColumbiaUnited States

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