How Vendasta hit $50M revenue and 1K customers in 2023.
Vendasta is a Canadian-based software company that provides a platform for digital agencies and businesses to manage and scale their digital marketing offerings. Their platform offers solutions for social media management, local listings management, online reputation management, SEO, and more. Vendasta was founded in 2008 and is headquartered in Saskatoon, Saskatchewan, Canada.
In 2023, Vendasta revenue run rate hit $50M in revenue.
Vendasta hit $50M in revenue in 2021
Vendasta hit $34.5M in revenue in 2019
Vendasta launched in 2008 with $0 revenue
Vendasta Funding History
2021 Series D
Vendasta raised a Series D of $120M at a $800M valuation in May 2021
2019 Series C
Vendasta raised a Series C of $40M at a $160M valuation in July 2019
Vendasta raised a Grant of $3.3M
2016 Debt Financing
Vendasta raised a Debt Financing of $3.1M
2013 Series B
Vendasta raised a Series B of $6.5M
2008 Series A
Vendasta raised a Series A of $2.3M
Vendasta has 659 total employees and 114 sales reps that carry a quota. They have 1100 customers an engineering team of 164 and a marketing team of 67
Total team size
Brendan King is the Co-founder and CEO of Vendasta. Vendasta is the 1 platform for selling digital solutions to small business. Vendasta believes in local businesses. Vendasta sees that they are getting Starbucked Amazoned and Walmarted to death. Local businesses simply lack the tools expertise to compete.
Vendasta is changing that. Its technology platform combined with best of breed software vendors and the brand and expertise of a local media company agency or vertical partner that the small business knows and trusts provides small business with the tools and expertise they need to succeed.
Intense boisterous imaginative. Brendan King CEO of Vendasta is the innovative force of the company. Brendan has built a fantastic team of 260 and growing Vendastians and is committed to finding the best and brightest.
It s his ability to look at the big picture while maintaining quality on the finest details that ensures Vendasta s success.
Before founding VendAsta Brendan served as COO and a Director of Point2 Realty solutions. From 2002 through 2007 Brendan was the visionary and entrepreneurial driving force behind Point2 Agent growing its membership to over 165000 agents and brokers in 85 countries. In 2007 he was named one of the 100 Most Influential Real Estate Leaders by Inman News. Brendan also served as Point2 Technologies Director of Marketing from 2000 to 2002.
Brendan founded and sold two successful computer retailing operations. Delron Computers 1990-1995 and CompuSmart 1995-2000 the later of which was franchised nationally across Canada.
Brendan also worked for Cameco Corporation as a Geophysicist and holds an Advanced Bachelor of Science degree in Physics from the University of Saskatchewan.
Those of you who are familiar with Brendan will know that his laugh is frequent infectious and identifiable in a room of 200 people.
Specialties INMAN News 2007 Top 100 Most Influential Leaders in Real Estate