Stratifyd logo
Founded 2014

Stratifyd

2020 Revenue

$5.6M

YOY

Funding

$40.2M

How Stratifyd hit $5.6M in Revenue with 50 Customers in 2020.

About Stratifyd

Stratifyd = Big Data + AI

Monthly Revenue

$470.0K

$190.0K (0.00%)
Total Expenses

$1.2M

=
Net Income

-$700.0K

Ebidta Margin

-148.94%

+
YOY Growth

=
Rule of 40

-149


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Stratifyd CEO Derek Wang on 12/01/2020

Watch the podcast


Headquarters

619 South Cedar Street CharlotteNorth CarolinaUnited States
$Funding$Revenue

Stratifyd Revenue

In 2020, Stratifyd revenue run rate hit $5.6M in revenue.

68.00%▲$3.4M$5.6M

Stratifyd Valuation and Funding History

Stratifyd has raised a total of $40.2M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
02/11/2019Series B$29.0M
07/11/2017Series A$6.8M
01/13/2016Series A$3.4M
02/15/2015Seed Round$1.0M

Customers

Stratifyd has 50 customers.

Lifetime Months

300

×
Monthly ARPU

$9.4K

=
Lifetime Dollars

$2.8M


Acquisition Cost

$100.0K

Average Annual Price

$112.8K

$0$112.8K11 month payback period024681012

Churn

Stratifyd has an annual churn rate of 4.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-4.00%

Annual Dollar Expansion

35.00%

Net Revenue Retention

131.00%

Team

Employees

Stratifyd has 105 employees. They have 7 sales reps that carry a quota, an engineering team of 19 and a marketing team of 6.

201820192020171.00%▲11.00%▲
DistributionQty

Total Team Size

105

Engineers

19 (18%)

Sales

7 (7%)

Marketing

6 (6%)

CEO/Founder

Derek Wang

Wang Derek Wang, 35, has been named one of Charlotte Business Journal’s 40 under 40 class of 2019. The 40 under 40 program recognizes local professionals who are making major strides in their career while leaving a positive impact on their community. These individuals are helping shape Charlotte as a hub for all major industries. “This is a huge surprise,” Wang said. “I think this really represents what the [Stratifyd] team has accomplished. They are evaluating more than just me; it’s about what Stratifyd has been pushing for over the past few years. I see this recognition as a team win.” Derek grew up in Beijing and received a Ph.D. in Computer Science from the University of North Carolina at Charlotte (UNCC). Shortly after, he – along with the company’s two other co-founders, Li Yu and Thomas Kraft – began conducting government-funded research on the ways AI could be used to ingest, analyze, and visualize unstructured data. This post-doctorate work was the foundation on which Stratifyd was built. “I’m not surprised he’s a 40 under 40 honoree,” Yu said. “I’m just surprised that he’s almost 40.” Nonetheless, Kraft and Yu couldn’t be prouder of their mentor and friend. “He’s super motivated,” Kraft said. “When he puts his mind to something, he’s going to do it. This coupled with an extensive knowledge of tech and his inviting personality make him the perfect person to take Stratifyd to the next level.”


CEO Q&A

What's your age?

34

Favorite online tool?

Javascript

Favorite book?

Winning

Favorite CEO?

Jeff Bezos

Advice for 20 year old self

Work harder


Is this your company? Add our badge to your website:

Frequently Asked Questions about Stratifyd

When was Stratifyd founded?

Stratifyd was founded in 2014.


Who is the CEO of Stratifyd?

The CEO of Stratifyd is Derek Wang


How many employees does Stratifyd have?

Stratifyd has 105 employees.

How much revenue does Stratifyd generate?

Stratifyd generates $5.6M in revenue.


How much funding does Stratifyd have?

Stratifyd has raised $40.2M.


Where is Stratifyd headquarters?

Stratifyd is headquartered at 619 South Cedar Street CharlotteNorth CarolinaUnited States

People Also Viewed

Qualtrics logo

Qualtrics

Qualtrics is a privately held experience management company, with co-headquarters in Provo, Utah and Seattle, Washington, in the United States.|Qualtrics is a single system of record for all experience data, managing customer, product, employee, and brand experiences on one platform|.

Zoho logo

Zoho

Unique and powerful suite of software to run your entire business, brought to you by a company with the long term vision to transform the way you work.|Zoho offers a suite of business, collaboration, and productivity applications|.

Freshworks logo

Freshworks

Includes Freshdesk, Freshchat and other products for small businesses. Over $100m in revenues, 150k paying customers, and $250m in funding. Likely to IPO soon.

Sprinklr logo

Sprinklr

Sprinklr is a unified customer experience management platform for enterprises.

Braze logo

Braze

Customer engagement platform

IngageApp logo

IngageApp

Xiaoshouyi develops software solutions for customer relationship, sales force, and workforce management. IngageApp provides a next-generation CRM solution by leveraging mobile social platform and big data technologies. With its SaaS and PaaS framework, the solution empowers users to engage, sell and provide services to their customers through a seamlessly integrated end-to-end process from marketing automation, sales automation, partner relationship management, to customer and field services. Founded in 2011, in 2017 IngageApp became the first Chinese CRM vendor to be named in Gartner Magic Quadrant for Sales Force Automation (SFA). More than 4,000 companies in over 20 industries use IngageApp to grow their business. Founded by Allan Shi, IngageApp is based in Beijing, China with offices across China and an R&D center in the Silicon Valley. IngageApp has raised several rounds of venture funding from leading investors like Sequoia, Tencent and Matrix Partners.

View Instantly:

Create a free account to view data on 30,318 SaaS Companies

30,318 companies | Updated Sat Sep 18 2021

GetLatka is the only place to get accurate revenue data on SaaS companies. You'll also see valuations, growth rates, CEO emails and 28 other metrics per company. Signup below to view instantly.

We interview hard-to-reach SaaS founders.

interviews

Then take audio data and organize it in charts and excel.

charts