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Vendasta revenue is $50 million

Vendasta is worth $800 million valuation

Vendasta team size is 525 employees


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Vendasta

220-3 Avenue South Saskatoon, Saskatchewan, Canada

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How Vendasta hit $50M Revenue with 1K customers in 2022.

End-to-end white-label B2B platform, used by agencies and media companies who sell to local business. Includes a marketplace of resellable products, an AI-powered sales & marketing platform, and access to fully managed, white-label marketing services.

Founded

2008

Founded

Revenue

$50M

2022 Revenue

YOY
-----

YOY

Funding

$175.2M

Funding


Vendasta Revenue

In 2022, 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

45.00% ▲$34.5M$50M

Vendasta Funding History

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

  • 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 DATEROUNDAMOUNTVALUATION
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 525 total employees and 34 sales reps that carry a quota. They have 1100 customers an engineering team of 95 and a marketing team of 67

2019202166▲
DISTRIBUTIONQTY
Total team size
525
Engineer
95(18%)
Sales
34(6%)
Marketing
67(13%)

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

-

$0$0024681012
$0$0024681012

Churn

Vendasta 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

100.00%


About Vendasta

Monthly Revenue

$4.2M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Vendasta Board of Directors

NamePosition
David LittleBoard Observer
Amy RaeBoard Member
Saif HashmiBoard Observer

Vendasta Executives

NamePosition
Brendan King Chief Executive Officer
Jeff Tomlin Co-FounderChief Marketing Officer
Richard Cheung Chief Financial Officer
Dale Hopkins Chief Technology Officer
George Leith Chief Customer Officer EVP Sales

Vendasta Employees

NamePosition
Brendan King Chief Executive Officer
Ryan LaForge Software Developer
Jason Chabot Business Development Representative
Jeff Tomlin Co-FounderChief Marketing Officer
Ashlea Crane Premium Success Specialist
Sophie Kokott Product Marketing Manager
David Little Board Observer
Austin Aichele Marketing Services Team Lead
Shawn Vendasta Software Developer
Richard Cheung Chief Financial Officer
Allan Wolinski Co-FounderVP Partner Integrartion
Teja Edara Product Manager
Dale Hopkins Chief Technology Officer
Gib Olander EVP Product
Kyle Afseth Agency Growth Specialist
Landon McTavish Enterprise Partner Development Manager
Blair Anton Business Development Representative
Taylor Mills Software Developer
George Leith Chief Customer Officer EVP Sales
Ches Hagen Co-Founder
Karmela Kondra Sales Development Representative
Abinesh Manoharan Overseas Manager
Halsten Rust Manager of Strategic Partnerships
Anant Urala Product Manager
Angelo Batista Pequeno empres rio
Daniel Chagnon Business Development Representative
Jayme Novakoski Partner Success Manager
Amy Rae Board Member
Jeff Davis Senior Account Executive
Saif Hashmi Board Observer
Josh Singh Sales Development Representative
Joshua Baker Product Manager
Charlotte S Digital Ads Strategist Remote

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 was raised $175.2M.

How many employees does Vendasta have?

Vendasta has raised 525 employees.

Where is Vendasta headquarters?

Vendasta headquater is at Canada