Vendasta revenue hit $50 million in 2023
Vendasta generates revenue from 1100 customers
Vendasta
410 22nd St E, 15th Floor, Saskatoon, Saskatchewan, S7K 1M1, Canada
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.
2008
Founded
$50M
2023 Revenue
YOY
$178.1M
Funding
Vendasta Revenue
In 2023, Vendasta revenue run rate hit $50M in revenue.
2021
Vendasta hit $50M in revenue in 2021
2019
Vendasta hit $34.5M in revenue in 2019
2008
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
2018 Grant
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
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 05/27/2021 | Series D | $120M | $800M |
| 07/17/2019 | Series C | $40M | $160M |
| 11/29/2018 | Grant | $3.3M | |
| 05/16/2016 | Debt Financing | $3.1M | |
| 03/18/2013 | Series B | $6.5M | |
| 08/11/2008 | Series A | $2.3M |
Team
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
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 659 |
| Engineer | 164(25%) |
| Sales | 114(17%) |
| Marketing | 67(10%) |
CEO/Founder
Brendan King
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
Q&A
What`s your age?
52
Favorite online tool?
Google Data Studio
Favorite book?
Powerful by netflix employee
Favorite CEO?
Tobias Lukey
Advice for 20 year old self
you're not invicible
Customers
Vendasta has 1K customers.
Lifetime Months
-
x
Monthly ARPU
$1.8K
=
Lifetime Dollar
-
Acquisition Cost
$14K
Average Annual Price
-
Churn
Vendasta has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
100.00%
Vendasta Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Lisa Reeves | Board Member | lisa.reeves@trinet.com | - |
| David Little | Board Observer | - | david.little@comporium.com |
| Paul Lee | Board Member | - | - |
| Hai Tran-Viet | Board Member | hai.tran-viet@cbgf.com | - |
| Chris Nicola | Board Member | cnicola@nicolawealth.com | - |
| Paul Hollands | Board Director | - | - |
| Amy Rae | Board Member | amy@vendasta.com | aimsrae@yahoo.ca |
| Saif Hashmi | Board Observer | - | saif.abdal@gmail.com |
Vendasta Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jeff Tomlin | Co-FounderChief Marketing Officer | jtomlin@vendasta.com | jtomlin@vendasta.com |
| Richard Cheung | Chief Financial Officer | rcheung@vendasta.com | - |
| Dale Hopkins | Chief Technology Officer | dhopkins@vendasta.com | dale@lucidhelix.com |
| George Leith | Chief Customer Officer EVP Sales | gleith@vendasta.com | - |
| Brendan King | Chief Executive Officer | bking@vendasta.com | bking@vendasta.com |
Vendasta Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ryan LaForge | Software Developer | rlaforge@vendasta.com | - |
| Lisa Reeves | Board Member | lisa.reeves@trinet.com | - |
| Jason Chabot | Business Development Representative | jchabot@vendasta.com | jrchabot_bdc@hotmail.com |
| Jeff Tomlin | Co-FounderChief Marketing Officer | jtomlin@vendasta.com | jtomlin@vendasta.com |
| Ashlea Crane | Premium Success Specialist | acrane@vendasta.com | - |
| Sophie Kokott | Product Marketing Manager | skokott@vendasta.com | - |
| Austin Aichele | Marketing Services Team Lead | aaichele@vendasta.com | - |
| David Little | Board Observer | - | david.little@comporium.com |
| Shawn Vendasta | Software Developer | shawn@vendasta.com | - |
| Richard Cheung | Chief Financial Officer | rcheung@vendasta.com | - |
| Robert Simon | Investor | - | - |
| Allan Wolinski | Co-FounderVP Partner Integrartion | awolinski@vendasta.com | awolinski@vendasta.com |
| Teja Edara | Product Manager | tedara@vendasta.com | - |
| Paul Lee | Board Member | - | - |
| Hai Tran-Viet | Board Member | hai.tran-viet@cbgf.com | - |
| Dale Hopkins | Chief Technology Officer | dhopkins@vendasta.com | dale@lucidhelix.com |
| Gib Olander | EVP Product | golander@vendasta.com | gibolander@gmail.com |
| Kyle Afseth | Agency Growth Specialist | kafseth@vendasta.com | - |
| Landon McTavish | Enterprise Partner Development Manager | lmctavish@vendasta.com | - |
| Blair Anton | Business Development Representative | - | xtremecomputing09@gmail.com |
| Chris Nicola | Board Member | cnicola@nicolawealth.com | - |
| Taylor Mills | Software Developer | - | - |
| George Leith | Chief Customer Officer EVP Sales | gleith@vendasta.com | - |
| Ches Hagen | Co-Founder | chagen@vendasta.com | cheshagen@gmail.com |
| Karmela Kondra | Sales Development Representative | - | karmelak@gmail.com |
| Abinesh Manoharan | Overseas Manager | amanoharan@vendasta.com | - |
| Halsten Rust | Manager of Strategic Partnerships | hrust@vendasta.com | - |
| Paul Hollands | Board Director | - | - |
| Anant Urala | Product Manager | aurala@vendasta.com | ananturala@gmail.com |
| Angelo Batista | Pequeno empres rio | - | - |
| Daniel Chagnon | Business Development Representative | dchagnon@vendasta.com | - |
| Jayme Novakoski | Partner Success Manager | - | jnovakoski@rawlco.com |
| Amy Rae | Board Member | amy@vendasta.com | aimsrae@yahoo.ca |
| Jeff Davis | Senior Account Executive | jdavis@vendasta.com | - |
| Saif Hashmi | Board Observer | - | saif.abdal@gmail.com |
| Josh Singh | Sales Development Representative | jsingh@vendasta.com | - |
| Joshua Baker | Product Manager | jbaker@vendasta.com | - |
| Charlotte S | Digital Ads Strategist Remote | sc@vendasta.com | - |
| Brendan King | Chief Executive Officer | bking@vendasta.com | bking@vendasta.com |
Frequently Asked Questions about Vendasta
When was Vendasta founded?
Vendasta was founded in 2008.
How much revenue does Vendasta generate?
Vendasta generates $50M in revenue.
Who is the CEO of Vendasta?
The CEO of Vendasta is Brendan King.
How much funding does Vendasta have?
Vendasta raised $178.1M.
How many employees does Vendasta have?
Vendasta has 659 employees.
Where is Vendasta headquarters?
Vendasta is headquartered in Canada
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