Venturepact logo
Founded 2012

Venturepact

2016 Revenue

$3.6M

YOY

Funding

$0.0

Overview

About Venturepact

Finding a vetted development company that matches your requirements and preferences is challenging as there are many software service providers around the world with varying levels of quality and specialty. This makes it hard for experienced developmen...

Monthly Revenue

$300.0K

Total Expenses

$300.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

79 Madison Avenue New YorkManhattanUnited States

Venturepact Revenue vs Funding

$Funding$Revenue

Venturepact Revenue

In 2016, Venturepact revenue run rate hit $3.6M in revenue.

$3.6M

Venturepact Valuation and Funding History

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

Customers

Venturepact has 100 customers.

Lifetime Months

14

×
Monthly ARPU

$3.0K

=
Lifetime Dollars

$42.9K


Acquisition Cost

Average Annual Price

$36.0K

$0$36.0K024681012

Churn

Venturepact has an annual churn rate of 84.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-84.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

16.00%

Team

Employees

Venturepact has 80 employees. They have 1 sales rep that carries a quota They have an engineering team of 31. and a marketing team of 1.

2016201820192020158.00%▲-31.00%▼5.00%▲
DistributionQty

Total Team Size

80

Engineers

31 (39%)

Sales

1 (1%)

Marketing

1 (1%)

CEO/Founder

Randy Rayess

Randy Rayess is passionate about remote work, outsourcing and software development. He previously worked in technology investing at SilverLake Partners, in machine learning and in payments. Randy graduated from the University of Pennsylvania with a Masters in Systems Engineering, and from the Wharton School with a Bachelors of Science in Economics, concentrating in Finance and Statistics.


CEO Q&A

What's your age?

-

Favorite online tool?

lux

Favorite book?

High Output Management by Andy Grove

Favorite CEO?

David Sacks

Advice for 20 year old self

Stop stressing and worrying about things that are (ultimately) not really relevant to your success.


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Frequently Asked Questions about Venturepact

When was Venturepact founded?

Venturepact was founded in 2012.


Who is the CEO of Venturepact?

The CEO of Venturepact is Randy Rayess


How many employees does Venturepact have?

Venturepact has 80 employees.

How much revenue does Venturepact generate?

Venturepact generates $3.6M in revenue.


How much funding does Venturepact have?

Venturepact has raised $0.0.


Where is Venturepact headquarters?

Venturepact is headquartered at 79 Madison Avenue New YorkManhattanUnited States

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