How Stratifyd hit $3.6M revenue and 50 customers in 2023.
Stratifyd is a leading data analytics platform that uses AI and machine learning to uncover actionable insights from unstructured data.
2014
Founded
$3.6M
2023 Revenue
-11.87%
YOY
$40.2M
Funding
Stratifyd Revenue
In 2023, Stratifyd revenue run rate hit $3.6M in revenue.
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2023
Stratifyd hit $3.6M in revenue in 2023
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2020
Stratifyd hit $5.6M in revenue in 2020
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2018
Stratifyd hit $3.4M in revenue in 2018
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2014
Stratifyd launched in 2014 with $0 revenue
Stratifyd Funding History
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2019 Series B
Stratifyd raised a Series B of in February, 2019
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2017 Series A
Stratifyd raised a Series A of in July, 2017
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2016 Series A
Stratifyd raised a Series A of in January, 2016
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2015 Seed Round
Stratifyd raised a Seed Round of in February, 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| February, 11 2019 | Series B | ||
| July, 11 2017 | Series A | ||
| January, 13 2016 | Series A | ||
| February, 15 2015 | Seed Round |
Team
Stratifyd has 52 total employees and 7 sales reps that carry a quota. They have 50 customers an engineering team of 8 and a marketing team of 6.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 52 |
| Engineer | 8 (15%) |
| Sales | 7 (13%) |
| Marketing | 6 (12%) |
Founder / CEO
Derek 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.”
Q&A
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What's your age?
35
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Favorite online tool?
Javascript
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Favorite book?
Winning
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Favorite CEO?
Jeff Bezos
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Advice for 20 year old self
Work harder
Customers
Churn
Stratifyd Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Derek Wang | CEO | [email protected] | - |
Stratifyd Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Derek Wang | CEO | [email protected] | - |
Frequently Asked Questions about Stratifyd
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When was Stratifyd founded?
Stratifyd was founded in 2014.
-
How much revenue does Stratifyd generate?
Stratifyd generates $3.6M in revenue.
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Who is the CEO of Stratifyd
The CEO of Stratifyd is Derek Wang.
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How much funding does Stratifyd have?
Stratifyd raised $40.2M.
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How many employees does Stratifyd have?
Stratifyd has 52 employees.
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Where is Stratifyd headquarters?
Stratifyd is headquartered at 619-South Cedar Street, Charlotte, North Carolina, 28202, United States
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