Sococo logo
Founded 2007

Sococo

2018 Revenue

$2.7M

YOY

Funding

$10.0M

Overview

About Sococo

At last, a business platform designed for the distributed team. Eliminate response delays. Connect from anywhere. Hire from anywhere. Be aligned. Be agile. Be together. Sococo is the next step in online meeting. It provides that oh-so-human and esse...

Monthly Revenue

$225.0K

Total Expenses

$225.0K

=
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 Sococo CEO Marc Kirshbaum on 12/01/2020

Watch the podcast


Headquarters

75 Arlington Street Boston MassachusettsUnited States

Sococo Revenue vs Funding

$Funding$Revenue

Sococo Revenue

In 2018, Sococo revenue run rate hit $2.7M in revenue.

$2.7M

Sococo Valuation and Funding History

Sococo has raised a total of $10.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation

Customers

Sococo has 300 customers.

Lifetime Months

150

×
Monthly ARPU

$750.0

=
Lifetime Dollars

$112.5K


Acquisition Cost

$9.8K

Average Annual Price

$9.0K

$0$9.0K13 month payback period024681012

Churn

Sococo has an annual churn rate of 8.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-8.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

92.00%

Team

Employees

Sococo has 69 employees. They have 10 sales reps that carry a quota, an engineering team of 2 and a marketing team of 1.

20182019202087.00%▲-7.00%▼
DistributionQty

Total Team Size

69

Engineers

2 (3%)

Sales

10 (14%)

Marketing

1 (1%)

CEO/Founder

Marc Kirshbaum


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Sococo

When was Sococo founded?

Sococo was founded in 2007.


Who is the CEO of Sococo?

The CEO of Sococo is Marc Kirshbaum


How many employees does Sococo have?

Sococo has 69 employees.

How much revenue does Sococo generate?

Sococo generates $2.7M in revenue.


How much funding does Sococo have?

Sococo has raised $10.0M.


Where is Sococo headquarters?

Sococo is headquartered at 75 Arlington Street Boston MassachusettsUnited States

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