WorkFront revenue is $200 million
WorkFront is worth $1 billion valuation
WorkFront team size is 1039 employees
WorkFront
3301-North Thanksgiving Way Lehi, Utah, United States
How WorkFront hit $200M Revenue with 3K customers in 2022.
Workfront is a Lehi, Utah-based software company that develops web-based work management and project management software that features enterprise work management, issue tracking, document management time tracking and portfolio management..Workfront providers cloud-based enterprise work management solutions for enterprise teams
1999
Founded
$200M
2022 Revenue
YOY
$375M
Funding
WorkFront Revenue
In 2022, WorkFront revenue run rate hit $200M in revenue.
2019
WorkFront hit $200M in revenue in 2019
2017
WorkFront hit $120M in revenue in 2017
2014
WorkFront hit $40M in revenue in 2014
1999
WorkFront launched in 1999 with $0 revenue
WorkFront Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019 Secondary Market
WorkFront raised a Secondary Market of $280M
2015 Series E
WorkFront raised a Series E of $33M at a $132M valuation in May 2015
2014 Series D
WorkFront raised a Series D of $38M
2012 Series C
WorkFront raised a Series C of $17M
2007 Series A
WorkFront raised a Series A of $7M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 03/13/2019 | Secondary Market | $280M | |
| 05/08/2015 | Series E | $33M | $132M |
| 04/02/2014 | Series D | $38M | |
| 10/31/2012 | Series C | $17M | |
| 03/06/2007 | Series A | $7M |
Team
WorkFront has 1039 total employees and 198 sales reps that carry a quota. They have 3000 customers an engineering team of 238 and a marketing team of 58
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1039 |
| Engineer | 238(23%) |
| Sales | 198(19%) |
| Marketing | 58(6%) |
CEO/Founder
Alex Shootman
As President and CEO, Alex drives Workfront’s overall strategy, vision, and execution, ensuring Workfront is a dedicated partner in helping customers transform the work experience. Shootman brings over 25 years of experience in all areas of revenue and profit generation for technology organizations, with significant experience leading SaaS-based companies.
Q&A
What`s your age?
52
Favorite online tool?
Slack
Favorite book?
How Did That Happen
Favorite CEO?
Father Greg Boyle, Homeboy Industries
Advice for 20 year old self
Be versus do.
Customers
WorkFront has 3K customers.
Lifetime Months
-
x
Monthly ARPU
$3.5K
=
Lifetime Dollar
-
Acquisition Cost
$67.5K
Average Annual Price
$42.2K
Churn
WorkFront has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
100.00%
About WorkFront
Monthly Revenue
$16.7M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
WorkFront Board of Directors
| Name | Position |
|---|
WorkFront Executives
| Name | Position |
|---|---|
| Alex Shootman | CEO |
WorkFront Employees
| Name | Position |
|---|---|
| Alex Shootman | CEO |
Frequently Asked Questions about WorkFront
When was WorkFront founded?
WorkFront was founded in 1999.
How much revenue does WorkFront generate?
WorkFront generates $200M in revenue.
Who is the CEO of WorkFront?
The CEO of WorkFront is Alex Shootman.
How much funding does WorkFront have?
WorkFront was raised $375M.
How many employees does WorkFront have?
WorkFront has raised 1039 employees.
Where is WorkFront headquarters?
WorkFront headquater is at United States