Y42 revenue is $1.2 million
Y42 is worth $124 million valuation
Y42 team size is 70 employees
How did Latka collect this data?
Latka collected this data by interviewing Y42 CEO Hung Dang on 11/10/2021
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Y42
- Nuremberg, Germany
How Y42 hit $1.2M Revenue with 50 customers in 2022.
Easy and scaleable data platform
2020
Founded
$1.2M
2022 Revenue
YOY
$34M
Funding
Y42 Revenue
In 2022, Y42 revenue run rate hit $1.2M in revenue.
2021
Y42 hit $1.2M in revenue in 2021
2021
Y42 hit $50K in revenue in 2021
2020
Y42 launched in 2020 with $0 revenue
Y42 Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Series A
Y42 raised a Series A of $31M at a $124M valuation in November 2021
2021 Series A
Y42 raised a Series A of $3M at a $17M valuation in March 2021
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 11/10/2021 | Series A | $31M | $124M |
| 03/01/2021 | Series A | $3M | $17M |
Team
Y42 has 70 total employees They have 50 customers an engineering team of 40
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 70 |
| Engineer | 40(57%) |
| Sales | 0(0%) |
| Marketing | 0(0%) |
CEO/Founder
Hung Dang
Now founder of Y42, Hung started his career in the live-event business. In 2014, he co-founded "Party like Gatsby", a global event series hosting more than 100,000 guests. Driven by thin margins, he developed his own data analytics tool in 2016. Similar to AWS, the tool soon became a company of its own under the name "Mitra Intelligence". Mitra hit a nerve and was acquired in 2018 by a MDAX (German Fortune 100) company. There, Hung, advised the CXO/VPs leading the data platform initiatives w/ a team of 30+ and executing a global rollout. However, Hung was far from finished and did not want to settle for a corporate career: in 2020, he put most of his money back into the business intelligence startup that would eventually become Y42.
Q&A
What`s your age?
30
Favorite online tool?
Clickup
Favorite book?
How to win friends and influence people
Favorite CEO?
Zeb Evans
Advice for 20 year old self
Follow the process
Customers
Y42 has 50 customers.
Lifetime Months
-
x
Monthly ARPU
$1.6K
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
$20K
Churn
Y42 has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Y42
Monthly Revenue
$100K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Frequently Asked Questions about Y42
When was Y42 founded?
Y42 was founded in 2020.
How much revenue does Y42 generate?
Y42 generates $1.2M in revenue.
Who is the CEO of Y42?
The CEO of Y42 is Hung Dang.
How much funding does Y42 have?
Y42 was raised $34M.
How many employees does Y42 have?
Y42 has raised 70 employees.
Where is Y42 headquarters?
Y42 headquater is at Germany