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Useful Systems revenue is $294k

Useful Systems is worth $2 million valuation

Useful Systems team size is 3 employees

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Useful Systems

- Boulder, Colorado, United States

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How Useful Systems hit $294K Revenue

Useful Systems develops a mobile management software solution to better track the tasks done by workers in the field.

Founded

2011

Founded

Revenue

$294K

2022 Revenue

YOY

0.00%

YOY

Funding

$1.6M

Funding


Useful Systems Revenue

In 2022, Useful Systems revenue run rate hit $294K in revenue.

  • 2016

    Useful Systems hit $294K in revenue in 2016

  • 2011

    Useful Systems launched in 2011 with $0 revenue

$294K

Useful Systems Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2016 Venture Round

    Useful Systems raised a Venture Round of $1.3M

  • 2013 Seed Round

    Useful Systems raised a Seed Round of $250K at a $2M valuation in November 2013

FUNDING DATEROUNDAMOUNTVALUATION
09/27/2016 Venture Round $1.3M
11/01/2013 Seed Round $250K $2M

Team

Useful Systems has 3 total employees

2016
DISTRIBUTIONQTY
Total team size
3
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Jay Crain

Jay Crain is the Co-Founder + CEO at Useful Systems.

Q&A

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Customers

Useful Systems has 0 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Useful Systems has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Useful Systems

Monthly Revenue

$24.5K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Useful Systems Board of Directors

NamePosition

Useful Systems Executives

NamePosition
Jay Crain CEO

Useful Systems Employees

NamePosition
Jay Crain CEO

Frequently Asked Questions about Useful Systems

When was Useful Systems founded?

Useful Systems was founded in 2011.

How much revenue does Useful Systems generate?

Useful Systems generates $294K in revenue.

Who is the CEO of Useful Systems?

The CEO of Useful Systems is Jay Crain.

How much funding does Useful Systems have?

Useful Systems was raised $1.6M.

How many employees does Useful Systems have?

Useful Systems has raised 3 employees.

Where is Useful Systems headquarters?

Useful Systems headquater is at United States