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Sovos revenue is $5 million

Sovos team size is 128 employees


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Sovos

- Farnboroough, Hampshire, United Kingdom

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How Sovos hit $5M Revenue with 20K customers in 2022.

Sovos ShipCompliant provides wine, beer and spirits suppliers with a full suite of web-based software tools to ensure compliance with all federal and state laws for direct and wholesale distribution. Sovos ShipCompliant offers software as a service (SaaS) to fully automate complex functions such as compliance checks, brand and label registrations, price postings, direct shipping, excise tax, sales tax reporting and paperless compliance management. Sovos ShipCompliant is recognized as the wine industry’s standard for compliance management through established relationships with leading wine industry associations, software companies, third-party shippers, compliance consultants and common carriers. For more information, visit www.sovos.com/shipcompliant

Founded

2001

Founded

Revenue

$5M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Sovos Revenue

In 2022, Sovos revenue run rate hit $5M in revenue.

  • 2021

    Sovos hit $5M in revenue in 2021

  • 2001

    Sovos launched in 2001 with $0 revenue

$5M

Sovos Funding History

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

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Sovos has 128 total employees They have 20000 customers an engineering team of 1 and a marketing team of 1

    2021
    DISTRIBUTIONQTY
    Total team size
    128
    Engineer
    1(1%)
    Sales
    0(0%)
    Marketing
    1(1%)

    CEO/Founder

    Andy Hovancic

    Senior executive with 20+ years in General Management, Strategic Marketing, and Sales Force Design & Management Roles in Software, Services and Manufacturing industries. Leader with a passion for organizational development and continuous improvement. He enjoy challenges and had many in his career, which has made him a better manager, team member, and leader. His broad-based experience includes full P&L responsibility, finance, human resources, product development and operations complementing an exceptional track record in sales, marketing and business development. Specialties in Management, Marketing & Sales: Leadership & Organizational Development Strategic Planning Planning, Budgeting & Control Lean Manufacturing Financing / Raising Capital Marketing, Positioning & Branding Strategy Product Management & Marketing Sales Force Design & Sales Management Mergers & Acquisitions Software Development Turnaround / Restructuring / Crisis Management Strategic Account Development Business Development / Channel Strategic Selling & Large Complex Sales

    Q&A

    What`s your age?

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    Advice for 20 year old self

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    Customers

    Sovos has 20K customers.

    Lifetime Months

    -

    x

    Monthly ARPU

    -

    =

    Lifetime Dollar

    -

    Acquisition Cost

    -

    Average Annual Price

    -

    $0$0024681012
    $0$0024681012

    Churn

    Sovos has an annual churn rate of 0.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -0.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    0.00%


    About Sovos

    Monthly Revenue

    $412.9K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    Sovos Board of Directors

    NamePosition

    Sovos Executives

    NamePosition
    Andy Hovancic CEO

    Sovos Employees

    NamePosition
    Andy Hovancic CEO

    Frequently Asked Questions about Sovos

    When was Sovos founded?

    Sovos was founded in 2001.

    How much revenue does Sovos generate?

    Sovos generates $5M in revenue.

    Who is the CEO of Sovos?

    The CEO of Sovos is Andy Hovancic.

    How much funding does Sovos have?

    Sovos was raised $0.

    How many employees does Sovos have?

    Sovos has raised 128 employees.

    Where is Sovos headquarters?

    Sovos headquater is at United Kingdom