How did Latka collect this data?
Latka collected this data by interviewing Targetrecruit CEO Reena Gupta on 04/24/2018
Watch the podcastTargetRecruit is the leading provider of Applicant Tracking System for Staffing and Recruiting companies. Our Recruiting Tool helps to increase the number and quality of your placements and helps you automate your business and recruiting processes. It ...
2008
Founded
$4.8M
2022 Revenue
YOY
Funding
Targetrecruit Revenue
In 2022, Targetrecruit revenue run rate hit $4.8M in revenue.
2018
Targetrecruit hit $4.8M in revenue in 2018
2008
Targetrecruit launched in 2008 with $0 revenue
Targetrecruit Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|
Team
Targetrecruit has 50 total employees They have 300 customers
DISTRIBUTION | QTY |
---|---|
Total team size | 50 |
Engineer | 0(0%) |
Sales | 0(0%) |
Marketing | 0(0%) |
CEO/Founder
Reena is the Founder and CEO of Mom Relaunch, an organization that empowers women on a career break to get back into the workforce, with a focus on IT and HR. Recognizing the gap in job opportunities for stay at home moms and armed with a keen passion for giving back to the community, Reena started Mom Relaunch to bridge the diversity gap and to help women achieve financial independence. Being a serial entrepreneur, she first started a staffing company, Avankia, following which she established a technology company, TargetRecruit. Avankia has been featured on the "Inc. 500" list of America's 500 fastest-growing companies, and has been named one of Middle Tennessee's 50 fastest-growing companies. At TargetRecruit, she innovatively achieved many milestones in the Salesforce Ecosystem, including being the first to be incubated by Salesforce and developing the first ATS and WMS on Salesforce platform. She successfully exited from TargetRecruit in early 2018 but continues to play a key role in the company’s growth as their Chief Strategy Officer. An active advocate and spokesperson on entrepreneurship, Reena mentors and nurtures the next generation of entrepreneurs in the Silicon Valley Youth Coders Club and with TiE Silicon Valley chapter.
What`s your age?
40
Favorite online tool?
Salesforce
Favorite book?
When, by Daniel Pink
Favorite CEO?
Melinda Gates
Advice for 20 year old self
Time management
Customers
Targetrecruit has 300 customers.
Lifetime Months
60
x
Monthly ARPU
$1.3K
=
Lifetime Dollar
$80K
Acquisition Cost
-
Average Annual Price
$16K
Churn
Targetrecruit has an annual churn rate of 20.00%.
Gross Annual Dollar Churn
-20.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
80.00%
About Targetrecruit
Monthly Revenue
$400K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Targetrecruit Board of Directors
Name | Position |
---|
Targetrecruit Executives
Name | Position |
---|---|
Reena Gupta | CEO |
Targetrecruit Employees
Name | Position |
---|---|
Reena Gupta | CEO |
Frequently Asked Questions about Targetrecruit
When was Targetrecruit founded?
Targetrecruit was founded in 2008.
How much revenue does Targetrecruit generate?
Targetrecruit generates $4.8M in revenue.
Who is the CEO of Targetrecruit?
The CEO of Targetrecruit is Reena Gupta.
How much funding does Targetrecruit have?
Targetrecruit was raised $0.
How many employees does Targetrecruit have?
Targetrecruit has raised 50 employees.
Where is Targetrecruit headquarters?
Targetrecruit headquater is at United States