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Springbig revenue is $19.2 million

Springbig is worth $100 million valuation

Springbig team size is 110 employees


How did Latka collect this data?

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Latka collected this data by interviewing Springbig CEO Jeffrey Harris on 02/03/2021

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Springbig

- Los Angeles, California, United States

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How Springbig hit $19.2M Revenue with 850 customers in 2022.

Cannabis CRM and loyalty technology.Springbig provides loyalty, digital communications, and CRM for the cannabis industry.

Founded

2012

Founded

Revenue

$19.2M

2022 Revenue

YOY
-----

YOY

Funding

$18.5M

Funding


Springbig Revenue

In 2022, Springbig revenue run rate hit $19.2M in revenue.

  • 2021

    Springbig hit $19.2M in revenue in 2021

  • 2019

    Springbig hit $8.5M in revenue in 2019

  • 2012

    Springbig launched in 2012 with $0 revenue

126.00% ▲$8.5M$19.2M

Springbig Funding History

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

  • 2020 Series B

    Springbig raised a Series B of $11.5M at a $100M valuation in June 2020

  • 2018 Series A

    Springbig raised a Series A of $5M

  • 2017 Venture Round

    Springbig raised a Venture Round of $2M

FUNDING DATEROUNDAMOUNTVALUATION
06/01/2020 Series B $11.5M $100M
06/01/2018 Series A $5M
06/01/2017 Venture Round $2M

Team

Springbig has 110 total employees and 15 sales reps that carry a quota. They have 850 customers an engineering team of 40 and a marketing team of 10

2021
DISTRIBUTIONQTY
Total team size
110
Engineer
40(36%)
Sales
15(14%)
Marketing
10(9%)

CEO/Founder

Jeffrey Harris

Jeffrey Harris is Founder and CEO of Springbig, a leading provider in cannabis CRM and loyalty marketing technology with over 25 million users across the United States and Canada. Jeffrey has over 15 years of marketing, sales management and client services experience in the incentive marketing and loyalty marketing fields.

Q&A

What`s your age?

56

Favorite online tool?

Salesforce

Favorite book?

Good to great

Favorite CEO?

Bezos

Advice for 20 year old self

Not as


Customers

Springbig has 850 customers.

Lifetime Months

-

x

Monthly ARPU

$1.5K

=

Lifetime Dollar

-

Acquisition Cost

$3K

Average Annual Price

$18K

$0$18K2 month payback period024681012
$0$18K2 month payback period024681012

Churn

Springbig has an annual churn rate of 6.00%.

-100-500%50100

Gross Annual Dollar Churn

-6.00%

Annual Dollar Expansion

11.00%

Net Revenue Retention

105.00%


About Springbig

Monthly Revenue

$1.6M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Springbig Board of Directors

NamePosition

Springbig Executives

NamePosition
Jeffrey Harris CEO

Springbig Employees

NamePosition
Jeffrey Harris CEO

Frequently Asked Questions about Springbig

When was Springbig founded?

Springbig was founded in 2012.

How much revenue does Springbig generate?

Springbig generates $19.2M in revenue.

Who is the CEO of Springbig?

The CEO of Springbig is Jeffrey Harris.

How much funding does Springbig have?

Springbig was raised $18.5M.

How many employees does Springbig have?

Springbig has raised 110 employees.

Where is Springbig headquarters?

Springbig headquater is at United States