2020 Revenue

$5.0M

YOY

73.61%

Funding

$1.6M

How Wigzo hit $5.0M in Revenue with 600 Customers in 2020.

About Wigzo

Ai Marketing Cloud for Ecommerce

Monthly Revenue

$416.7K

+ $176.7K (73.61%)
Total Expenses

$376.7K

=
Net Income

$40.0K

Ebidta Margin

9.60%

+
YOY Growth

73.61%

=
Rule of 40

83


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Wigzo CEO Mohd Umair on 12/02/2020

Watch the podcast


Headquarters

New DelhiSouth East DelhiUnited States
Website

wigzo.com

$Funding$Revenue

Wigzo Revenue

In 2020, Wigzo revenue run rate hit $5.0M in revenue.

74.00%▲$2.9M$5.0M

Wigzo Valuation and Funding History

Wigzo has raised a total of $1.6M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
07/01/2019Venture Round$1.0M
12/01/2015Seed Round$500.0K
08/18/2014Seed Round$100.0K

Customers

Wigzo has 600 customers.

Lifetime Months

200

×
Monthly ARPU

$400.0

=
Lifetime Dollars

$80.0K


Acquisition Cost

$7.0K

Average Annual Price

$4.8K

$0$4.8K18 month payback period024681012141618

Churn

Wigzo has an annual churn rate of 6.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-6.00%

Annual Dollar Expansion

6.00%

Net Revenue Retention

100.00%

Team

Employees

Wigzo has 64 employees. They have 1 sales rep that carries a quota, an engineering team of 7 and a marketing team of 10.

20192020-36.00%▼
DistributionQty

Total Team Size

64

Engineers

7 (11%)

Sales

1 (2%)

Marketing

10 (16%)

CEO/Founder

Mohd Umair

Mohd Umair, Founder of Wigzo Technologies, is first Gen Entreprenuer, who worked in Large Internet companies out Of singapore and India, before launching a Fuill suite Automation platform for Consumer Internet companies. Umair, spearheaded Product and Sales at Wigzo, and now look after New Business and Investor Relations. He has 10 years of experience in total in running large scale enterprise grade product. Under the Marketing clound Wigzo, there are now 4 smaller SaaS products as well.


CEO Q&A

What's your age?

33

Favorite online tool?

Intercom

Favorite book?

Mark Manson

Favorite CEO?

Azeem, mixpanel

Advice for 20 year old self

Start faster


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Frequently Asked Questions about Wigzo

When was Wigzo founded?

Wigzo was founded in 2014.


Who is the CEO of Wigzo?

The CEO of Wigzo is Mohd Umair


How many employees does Wigzo have?

Wigzo has 64 employees.

How much revenue does Wigzo generate?

Wigzo generates $5.0M in revenue.


How much funding does Wigzo have?

Wigzo has raised $1.6M.


Where is Wigzo headquarters?

Wigzo is headquartered at New DelhiSouth East DelhiUnited States

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