Textrecruit logo
Founded 2014

Textrecruit

2019 Revenue

$14.0M

YOY

Funding

$6.0M

Overview

About Textrecruit

Text, Live Chat, AI Recruiting Software

Monthly Revenue

$1.2M

Total Expenses

$1.2M

=
Net Income

$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Textrecruit CEO Erik Kostelnik on 01/07/2019

Watch the podcast


Headquarters

6614 Bellevue Orchard Lane San Luis ObispoCaliforniaUnited States

Textrecruit Revenue vs Funding

$Funding$Revenue

Revenue

In 2019, Textrecruit revenue run rate hit $14.0M in revenue.

$14.0M

Funding History

Textrecruit has raised a total of $6.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
03/07/2017$3.0M
03/07/2017$3.0M

Customers

Textrecruit has 1K customers.

Lifetime Months

100

×
Monthly ARPU

$1.1K

=
Lifetime Dollars

$109.9K


Acquisition Cost

$12.0K

Average Annual Price

$13.2K

$0$13.2K11 month payback period024681012

Churn

Textrecruit has an annual churn rate of 12.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

4.00%

Net Revenue Retention

92.00%

Team

Employees

Textrecruit has 66 employees. They have 22 sales reps that carries a quota.

2019
DistributionQty

Total Team Size

66

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Erik Kostelnik

Erik is a proven entrepreneur and sales leader that has built and scaled 3 software companies that lead to hyper revenue growth, capital investments and acquisitions. Erik was recognized by the SF Business Times as a 2017 top 50 inventor and lives in San Luis Obispo with his family.


CEO Q&A

What's your age?

40

Favorite online tool?

Salesforce

Favorite book?

Predictable Revenue

Favorite CEO?

Manny medina, Outreach

Advice for 20 year old self

Stop making people rich


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Frequently Asked Questions about Textrecruit

When was Textrecruit founded?

Textrecruit was founded in 2014.


Who is the CEO of Textrecruit?

The CEO of Textrecruit is Erik Kostelnik


How many employees does Textrecruit have?

Textrecruit has 66 employees.

How much revenue does Textrecruit generate?

Textrecruit generates $14.0M in revenue.


How much funding does Textrecruit have?

Textrecruit has raised $6.0M.


Where is Textrecruit headquarters?

Textrecruit is headquartered at 6614 Bellevue Orchard Lane San Luis ObispoCaliforniaUnited States

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