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Textrecruit

San Luis Obispo, California, United States

Valuation

$42M

2019 Revenue

$14M

Customers

1.1K

Funding

$6M

Avg ACV

$13.2K

Team

66

Profits

$1

Churn

12%

How Textrecruit CEO Erik Kostelnik grew to $14M revenue and 1.1K customers in 2019.

TextRecruit is a leading provider of candidate engagement and recruitment automation software. Their platform allows companies to communicate with job seekers through text messaging, chatbots, and other mobile technology, making the hiring process more efficient and effective. TextRecruit's solutions are used by thousands of companies worldwide to streamline their recruitment processes and improve candidate engagement.

Last updated

Textrecruit Revenue

In 2019, Textrecruit's revenue reached $14M. Since its launch in 2014, Textrecruit has shown consistent revenue growth.

Textrecruit Revenue GrowthReported revenue / ARR over time$0$3M$6M$9M$12M$15M201420152016201720182019$0$14MSource: GetLatka.com interview on Mar 7, 2017 with Textrecruit CEO Erik Kostelnik
YearMilestoneQuote
2019Textrecruit Hit $14m revenue in January 2019
2014Launched with $0 revenue

Textrecruit Valuation, Funding Rounds

Textrecruit's most recent disclosed valuation is $42M.

Textrecruit has raised $6M in total funding across 2 rounds, with its most recent round in 2017.

Textrecruit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$3M$0.6$5M$0.8$6M$1$8M2014201520162017Source: GetLatka.com interview on Mar 7, 2017 with Textrecruit CEO Erik Kostelnik
YearRoundAmountValuation% SoldQuote
2017Funding round$3M--
2017Funding round$3M--

Founder / CEO

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.

Q&A

QuestionAnswer
What's your age?43
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Textrecruit serves 1.1K customers.

Textrecruit Employees & Team Size

Textrecruit employs approximately 66 people as of 2026. It serves 1.1K customers that rely on its solutions.

Textrecruit Team GrowthReported headcount over time01530456075201420152016201720182019006666Source: GetLatka.com interview on Mar 7, 2017 with Textrecruit CEO Erik Kostelnik
YearMilestone
2019Reached 66 employees (January 2019)

Frequently Asked Questions about Textrecruit

What is Textrecruit's revenue?

Textrecruit generates $14M in revenue.

Who founded Textrecruit?

Textrecruit was founded by Erik Kostelnik.

Who is the CEO of Textrecruit?

The CEO of Textrecruit is Erik Kostelnik.

How much funding does Textrecruit have?

Textrecruit raised $6M.

How many employees does Textrecruit have?

Textrecruit has 66 employees.

Where is Textrecruit headquarters?

Textrecruit is headquartered in San Luis Obispo, California, United States.

Compare Textrecruit to the industry

Textrecruit operates across multiple industries. Browse revenue, funding, and growth data for Textrecruit in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Textrecruit Revenue 2019: $14M ARR, $42M Valuation