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Tsheets revenue is $38.4 million

Tsheets is worth $340 million valuation

Tsheets team size is 116 employees

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Founded 2008

Tsheets

2022 REVENUE

$38.4M

YOY

0.00%

Funding

$15M

How Tsheets hit $38.4M Revenue with 800K customers in 2022.

Tsheets Revenue

In 2022, Tsheets revenue run rate hit $38.4M in revenue.

$38.4M

How did Latka collect this data?

Latka collected this data by interviewing Tsheets CEO Matt Rissell on 04/19/2022

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Headquarters

235-East Colchester Drive Eagle , Idaho , United States

CEO/Founder

Matt Rissell

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 DATEROUNDAMOUNTTOTALVALUATION
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

2017201820192020-43▼-2▼-7▼
DISTRIBUTIONQTY
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

$0$48024681012

Churn

Tsheets has an annual churn rate of 24.00%.

-100-500%50100

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

NamePosition

Tsheets Executives

NamePosition
Matt Rissell CEO

Tsheets Employees

NamePosition
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