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Venasolutions revenue is $60 million

Venasolutions team size is 450 employees


How did Latka collect this data?

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Latka collected this data by interviewing Venasolutions CEO Shawn Cadeau on 01/01/2012

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Venasolutions

2-Fraser Avenue Toronto, Ontario, Canada

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How Venasolutions hit $60M Revenue with 900 customers in 2022.

With powerful and intuitive FP&A software, Vena redefines how companies manage their budgeting, planning and revenue forecasting.

Founded

2011

Founded

Revenue

$60M

2022 Revenue

YOY
-----

YOY

Funding

$476M

Funding


Venasolutions Revenue

In 2022, Venasolutions revenue run rate hit $60M in revenue.

  • 2020

    Venasolutions hit $60M in revenue in 2020

  • 2018

    Venasolutions hit $25M in revenue in 2018

  • 2017

    Venasolutions hit $16.8M in revenue in 2017

  • 2011

    Venasolutions launched in 2011 with $0 revenue

49.00% ▲140.00% ▲$16.8M$25M$60M

Venasolutions Funding History

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

  • 2021

    Venasolutions raised a of $300M

  • 2020

    Venasolutions raised a of $25M

  • 2019

    Venasolutions raised a of $115M

  • 2016

    Venasolutions raised a of $30M

  • 2013

    Venasolutions raised a of $3M

  • 2012

    Venasolutions raised a of $3M

FUNDING DATEROUNDAMOUNTVALUATION
05/10/2021 $300M
09/03/2020 $25M
01/08/2019 $115M
07/01/2016 $30M
01/01/2013 $3M
01/01/2012 $3M

Team

Venasolutions has 450 total employees They have 900 customers

20172018202110▲105▲
DISTRIBUTIONQTY
Total team size
450
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Shawn Cadeau

As Chief Revenue Officer, Shawn is responsible for Jobber’s global growth strategy and leads the sales, marketing, customer success, business operations and growth teams. Prior to joining Jobber, Shawn held leadership roles at global tech companies including Vena, FreshBooks, Corel and Adobe. Over his more than 20-year career he has become a subject matter expert in sales and marketing strategy, branding, product management, market intelligence and more. Shawn holds an Honors degree from Wilfrid Laurier University. Specialties: GLOBAL MARKETING – ECOMMERCE SALES – DIGITAL MARKETING – CUSTOMER AQUISITION – GROWTH – SAAS – PRODUCT STRATEGY – PRODUCT MARKETING – CUSTOMER SUCCESS – MERGERS AND ACQUISITIONS – BRANDING – TEAM LEADERSHIP

Q&A

What`s your age?

47

Favorite online tool?

Spotify

Favorite book?

Chrossing as Chasm

Favorite CEO?

0

Advice for 20 year old self

Think big


Customers

Venasolutions has 900 customers.

Lifetime Months

100

x

Monthly ARPU

$4.2K

=

Lifetime Dollar

$400K

Acquisition Cost

$50K

Average Annual Price

$50K

$0$50K12 month payback period024681012
$0$50K12 month payback period024681012

Churn

Venasolutions has an annual churn rate of 12.00%.

-100-500%50100

Gross Annual Dollar Churn

-12.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

88.00%


About Venasolutions

Monthly Revenue

$5M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Venasolutions Board of Directors

NamePosition

Venasolutions Executives

NamePosition
Shawn Cadeau CEO

Venasolutions Employees

NamePosition
Shawn Cadeau CEO

Frequently Asked Questions about Venasolutions

When was Venasolutions founded?

Venasolutions was founded in 2011.

How much revenue does Venasolutions generate?

Venasolutions generates $60M in revenue.

Who is the CEO of Venasolutions?

The CEO of Venasolutions is Shawn Cadeau.

How much funding does Venasolutions have?

Venasolutions was raised $476M.

How many employees does Venasolutions have?

Venasolutions has raised 450 employees.

Where is Venasolutions headquarters?

Venasolutions headquater is at Canada