Trainual revenue hit $15M in 2023

Trainual generates revenue from 8000 customers


How did Latka collect this data?

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Latka collected this data by interviewing Trainual CEO Chris Ronzio on Nov 18, 2019

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Trainual

Trainual

7525 East Camelback Road, Scottsdale, Arizona, 85251, United States

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How Trainual hit $15M revenue and 8K customers in 2023.

Trainual is a software platform that helps businesses document their processes, policies, and procedures in one place. It provides a centralized location for employees to access training materials and ensures that everyone is on the same page. Trainual also offers features such as onboarding checklists, quizzes, and analytics to track employee progress and improve training effectiveness.

Founded

2018

Founded

Revenue

$15M

2023 Revenue

YOY
42.86%

YOY

Funding

$33.8M

Funding


Trainual Revenue

In 2023, Trainual revenue run rate hit $15M in revenue.

  • 2023

    Trainual hit $15M in revenue in 2023

  • 2022

    Trainual hit $10.5M in revenue in 2022

  • 2021

    Trainual hit $8.3M in revenue in 2021

  • 2020

    Trainual hit $6M in revenue in 2020

  • 2019

    Trainual hit $3M in revenue in 2019

  • 2018

    Trainual hit $684K in revenue in 2018

  • 2018

    Trainual launched in 2018 with $0 revenue


Trainual Funding History

  • 2021

    Trainual raised a of $27M in June, 2021

  • 2019

    Trainual raised a of $6.8M in November, 2019

FUNDING DATE ROUND AMOUNT VALUATION
June, 30 2021 $27M -
November, 18 2019 $6.8M -

Team

Trainual has 103 total employees and 10 sales reps that carry a quota. They have 8,000 customers an engineering team of 22 and a marketing team of 4.

DISTRIBUTION QTY
Total team size
103
Engineer
22(21%)
Sales
10(10%)
Marketing
4(4%)

Founder / CEO

Chris Ronzio

Chris is the founder and CEO of Trainual, a SaaS platform for entrepreneurs and employees to get their business out of their brain by documenting and delegating the processes in their company.

Q&A

What's your age?

34

Favorite online tool?

Profitwell

Favorite book?

Radical Candor

Favorite CEO?

SaaS Academy

Advice for 20 year old self

Do it now!


Customers

Trainual has 8K customers.

Lifetime Months

30

x

Monthly ARPU

$156

=

Lifetime Dollar

$3K

Acquisition Cost

$400

Average Annual Price

$1.9K


Churn

Trainual has an annual churn rate of 40%.

Gross Annual Dollar Churn

-40%

Annual Dollar Expansion

0%

Net Revenue Retention

60%


Trainual Executives

Name Position Working Email Personal Email
Chris Ronzio CEO chris@trainual.com -

Trainual Employees

Name Position Working Email Personal Email
Chris Ronzio CEO chris@trainual.com -

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Frequently Asked Questions about Trainual

When was Trainual founded?

Trainual was founded in 2018.

How much revenue does Trainual generate?

Trainual generates $15M in revenue.

Who is the CEO of Trainual?

The CEO of Trainual is Chris Ronzio.

How much funding does Trainual have?

Trainual raised $33.8M.

How many employees does Trainual have?

Trainual has 103 employees.

Where is Trainual headquarters?

Trainual is headquartered at 7525 East Camelback Road, Scottsdale, Arizona, 85251, United States