How Troops hit $1.1M revenue and 200 customers in 2018.
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2015
Founded
$1.1M
2018 Revenue
-----
YOY
$29.3M
Funding
Troops Revenue
In 2018, Troops revenue run rate hit $1.1M in revenue.
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2018
Troops hit $1.1M in revenue in 2018
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2015
Troops launched in 2015 with $0 revenue
Troops Funding History
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2019 Series B
Troops raised a Series B of in June, 2019
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2018 Venture Round
Troops raised a Venture Round of in July, 2018
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2016 Series A
Troops raised a Series A of in September, 2016
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2016 Seed Round
Troops raised a Seed Round of in May, 2016
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| June, 05 2019 | Series B | ||
| July, 17 2018 | Venture Round | ||
| September, 12 2016 | Series A | ||
| May, 04 2016 | Seed Round |
Team
Troops has 40 total employees and 4 sales reps that carry a quota. They have 200 customers an engineering team of 6 and a marketing team of 5.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 40 |
| Engineer | 6 (15%) |
| Sales | 4 (10%) |
| Marketing | 5 (13%) |
Founder / CEO
Dan Reich
Dan has started and been involved with companies that have collectively raised over $100M in venture capital and have exited for close to $1B in M&A, including companies like Buddy Media, Spinback and Lotame.As a result, he has extensive experience in startups, technology, business operations, financing, management, and scaling large teams. He's a contributing writer for Forbes and Harvard Business Review. In March 2015, Dan co-founded Troops, a venture-backed technology company that gives professionals a mobile sales assistant powered by artificial intelligence. In early 2015 he was also selected to receive an Early Career Award by a vote of the College of Engineering Leadership Council at the University of Wisconsin – Madison. In 2014, Dan co-founded TULA, a health and beauty brand exclusively sold through QVC. He has led the company as active CEO from inception to over $1mm in sales in less than one year. In 2012 Business Insider named him on the top 100 of "one of the coolest people in New York tech." In 2011 he co-founded Spinback, which was acquired by Buddy Media, which was then acquired by Salesforce.com in 2012, marking New York’s second largest technology acquisition ever. Dan led Spinback as the COO and upon acquisition, led part of Buddy Media’s accounts team, representing $40mm in business. Before Spinback, Dan was an early employee at Lotame leading new business development efforts and helping to grow the business from less than 10 employees and $0 in revenue to 80+ employees and 8 digits of revenue. In college, he co-founded two companies, studied and researched photonics, and was awarded the "Inaugural Accenture Leadership Award" for launching Accenture’s first ever Leadership Center in UW-Madison. In high school, Dan worked for an IT firm specializing in custom networks and systems, built award winning autonomous fire fighting robots, wrestled, played soccer, and joined the Mount Snow Ski Patrol as the youngest patroller nationwide.
Q&A
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What's your age?
33
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Favorite online tool?
Google Products
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Favorite book?
Good to great
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Favorite CEO?
Jeff Bezos
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Advice for 20 year old self
Go for broke
Customers
Churn
Troops Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Dan Reich | CEO | [email protected] | - |
Troops Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Dan Reich | CEO | [email protected] | - |
Frequently Asked Questions about Troops
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When was Troops founded?
Troops was founded in 2015.
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How much revenue does Troops generate?
Troops generates $1.1M in revenue.
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Who is the CEO of Troops
The CEO of Troops is Dan Reich.
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How much funding does Troops have?
Troops raised $29.3M.
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How many employees does Troops have?
Troops has 40 employees.
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Where is Troops headquarters?
Troops is headquartered at 30-West 21st Street, New York, New York, 10010, United States
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