logo
logo

Sumsub revenue is $45 million

Sumsub is worth $18 million valuation

Sumsub team size is 300 employees

logo

Sumsub

- Berlin, Berlin, United States

linkedinwebsite

How Sumsub hit $45M Revenue with 1K customers in 2022.

AML/KYC

Founded

2012

Founded

Revenue

$45M

2022 Revenue

YOY

0.00%

YOY

Funding

$93M

Funding


Sumsub Revenue

In 2022, Sumsub revenue run rate hit $45M in revenue.

  • 2022

    Sumsub hit $45M in revenue this year

  • 2021

    Sumsub hit $25M in revenue in 2021

  • 2020

    Sumsub hit $8.4M in revenue in 2020

  • 2019

    Sumsub hit $1M in revenue in 2019

  • 2012

    Sumsub launched in 2012 with $0 revenue

740.00% ▲198.00% ▲80.00% ▲$1M$8.4M$25M$45M

Sumsub Funding History

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

  • 2022

    Sumsub raised a of $6.5M

  • 2022 Raising 1H 2022

    Sumsub raised a Raising 1H 2022 of $80M

  • 2020 Seed

    Sumsub raised a Seed of $6M at a $18M valuation in April 2020

  • 2015 Pre Seed

    Sumsub raised a Pre Seed of $500K

FUNDING DATEROUNDAMOUNTVALUATION
05/20/2022 $6.5M
04/07/2022 Raising 1H 2022 $80M
04/01/2020 Seed $6M $18M
04/01/2015 Pre Seed $500K

Team

Sumsub has 300 total employees and 25 sales reps that carry a quota. They have 1000 customers an engineering team of 60

2022
DISTRIBUTIONQTY
Total team size
300
Engineer
60(20%)
Sales
25(8%)
Marketing
0(0%)

CEO/Founder

Viacheslav Zholudev

CTO and co-founder of Sumsub. 20 years in IT. PhD in Computer Science. Product-oriented CTO )

Q&A

What`s your age?

36

Favorite online tool?

JetBrains.com

Favorite book?

Stanford Podcast

Favorite CEO?

None

Advice for 20 year old self

Question if a phd is worth it


Customers

Sumsub has 1K customers.

Lifetime Months

-

x

Monthly ARPU

$3.8K

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$45K

$0$45K024681012
$0$45K024681012

Churn

Sumsub has an annual churn rate of 3.00%.

-100-500%50100

Gross Annual Dollar Churn

-3.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Sumsub

Monthly Revenue

$3.8M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Sumsub Board of Directors

NamePosition

Sumsub Executives

NamePosition
Viacheslav Zholudev CEO

Sumsub Employees

NamePosition
Viacheslav Zholudev CEO

Frequently Asked Questions about Sumsub

When was Sumsub founded?

Sumsub was founded in 2012.

How much revenue does Sumsub generate?

Sumsub generates $45M in revenue.

Who is the CEO of Sumsub?

The CEO of Sumsub is Viacheslav Zholudev.

How much funding does Sumsub have?

Sumsub was raised $93M.

How many employees does Sumsub have?

Sumsub has raised 300 employees.

Where is Sumsub headquarters?

Sumsub headquater is at United States



How did Latka collect this data?

Play

Latka collected this data by interviewing Sumsub CEO Viacheslav Zholudev on 07/01/2022

Watch the podcast