Tsheets revenue is $38.4 million
Tsheets is worth $340 million valuation
Tsheets team size is 116 employees
How Tsheets hit $38.4M Revenue with 800K customers in 2022.
Tsheets Revenue
In 2022, Tsheets revenue run rate hit $38.4M in revenue.
How did Latka collect this data?
Latka collected this data by interviewing Tsheets CEO Matt Rissell on 04/19/2022
CEO/Founder
It’s simple. We understand small businesses because that’s how we started. Once upon a time, Matt Rissell was a business owner, struggling to track his employees’ time. When he was unable to find a solution to suit his needs, he created one himself with the help of his friend and software engineer (and eventual co-founder), Brandon Zehm. The year was 2006. It wasn’t long before TSheets was the No. 1 time tracking app on the planet-with customer service to match-and folks took notice. Our story is what happens when you put customers first and are powered by passion and hard work. Our fuel is our people who live and breathe what they do. In 2018, we officially joined the Intuit family. It was the culmination of careful deliberation and close partnerships. Ultimately, two become a whole. And the best has yet to come.
CEO Q&A
WHAT`S YOUR AGE?
40
FAVORITE ONLINE TOOL?
Things
FAVORITE BOOK?
The Lean Startup
FAVORITE CEO?
Brad Smith, Intuit
ADVICE FOR 20 YEAR OLD SELF
Knew mself better than what I had, my propsensity to take risks
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Tsheets Funding History
| FUNDING DATE | ROUND | AMOUNT | TOTAL | VALUATION |
|---|---|---|---|---|
| 10/05/2015 | Series A | $15M |
Team
Employees
Tsheets has 116 total employees and 12 sales reps that carry a quota. They have 800000 customers an engineering team of 23 and a marketing team of 2
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 116 |
| Engineer | 23(20%) |
| Sales | 12(10%) |
| Marketing | 2(2%) |
Customers
Tsheets has 800K customers.
LIFETIME MONTHS
50
x
MONTHLY ARPU
$4
=
LIFETIME DOLLAR
$200
ACQUISITION COST
-
AVERAGE ANNUAL PRICE
$48
Churn
Tsheets has an annual churn rate of 24.00%.
GROSS ANNUAL DOLLAR CHURN
-24.00%
ANNUAL DOLLAR EXPANSION
0.00%
NET REVENUE RETENTION
76.00%
About Tsheets
TSheets is a time tracking and employee scheduling app for companies needing to track, manage, and report time.
Monthly Revenue
$3.2M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA MARGIN
0.0%
+
YOY GROWTH
0.0%
=
Rule of 40
0
Tsheets Board of Directors
| Name | Position |
|---|
Tsheets Executives
| Name | Position |
|---|---|
| Matt Rissell | CEO |
Tsheets Employees
| Name | Position |
|---|---|
| Matt Rissell | CEO |
| johana dyess | Consultant |
| Steve Caminiti | Software Engineer |
| Nick Cabral | Software Engineer |
| Lisa Wells | Creative Owner |
| Rod Kurtz | Senior Media Advisor |
| Paul Kreiner | Staff System Engineer |
| Lance Breckenridge | Paid Search Owner |
| Keaton Elledge | Report Developer |
| Clancy Passey | Customer Experience Guru |
| Tony Restuccia | Senior Software Engineer |
Frequently Asked Questions about Tsheets
When was Tsheets founded?
Tsheets was founded in 2008.
How much revenue does Tsheets generate?
Tsheets generates $38.4M in revenue.
Who is the CEO of Tsheets?
The CEO of Tsheets is Matt Rissell.
How much funding does Tsheets have?
Tsheets was raised $15M.
How many employees does Tsheets have?
Tsheets has raised 116 employees.
Where is Tsheets headquarters?
Tsheets headquater is at United States