Thebettersoftwarecompany logo
Founded 2014

Thebettersoftwarecompany

 
2019 Revenue

$4.8M

YOY

33%

Funding

$1.2M

Overview

About Thebettersoftwarecompany

We live and breathe franchising

Monthly Revenue

$400.0K

Total Expenses

$400.0K

=
Net Income

$0.0

Ebidta Margin

0%

+
YOY Growth

33%

=
Rule of 40

33


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Thebettersoftwarecompany CEO Steve Cody on 01/09/2019.

Watch the podcast


Headquarters

883 Boyd Avenue Suite 200 OttawaOntarioCanada

Thebettersoftwarecompany Revenue vs Funding

$Funding$Revenue

Revenue

In 2019, Thebettersoftwarecompany revenue run rate hit $4.8M in revenue.

$4.8M

Funding History

Thebettersoftwarecompany has raised $1.2M.

Funding DateRoundTotalValuation
01/09/2019$1.2M

Customers

Thebettersoftwarecompany has 4K customers.

Lifetime Months

30

×
Monthly ARPU

$100.0

=
Lifetime Dollars

$3.0K


Acquisition Cost

$300.0

Average Annual Price

$1.2K

$0$1.2K3 month payback period024681012

Churn

Thebettersoftwarecompany has an annual churn rate of 40%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-40%

Annual Dollar Expansion

+20%

Net Revenue Retention

80%

Team

Employees

DistributionQty

All

0

Engineers

0

Quota Carrying

0

CEO/Founder

Steve Cody

As a serial entrepreneur, I live and breathe franchising. He has started several local and national successful businesses in the technology, rental, service, e-commerce and retail markets which have generated hundreds of millions in sales. Steve identifies the creation of Bpro as the main contributing factor to his success in franchising his businesses.


CEO Q&A

What's your age?

50

Favorite online tool?

Square

Favorite book?

Emyth Revisited

Favorite CEO?

Richard Branson

Advice for 20 year old self

Don't give up


Frequently Asked Questions about Thebettersoftwarecompany

When was Thebettersoftwarecompany founded?

Thebettersoftwarecompany was founded in 2014.


Who is the CEO of Thebettersoftwarecompany?

The CEO of Thebettersoftwarecompany is Steve Cody


How many employees does Thebettersoftwarecompany have?

Thebettersoftwarecompany has 1 employee.

How much revenue does Thebettersoftwarecompany generate?

Thebettersoftwarecompany generates $4.8M in revenue.


How much funding does Thebettersoftwarecompany have?

Thebettersoftwarecompany has raised $1.2M.


Where is Thebettersoftwarecompany headquarters?

Thebettersoftwarecompany is headquartered at 883 Boyd Avenue Suite 200 OttawaOntarioCanada

View all SaaS Companies

Create a free account now to view instantly

Create an account