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Joe Sullivan

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How Mapware Is Targeting $9M in Revenue with 25 Employees Serving the US Air Force and Army Corps of Engineers (Interview with CEO Joe Sullivan)

Joe Sullivan (Founder and CEO of Mapware) spoke to Nathan Latka on February 3, 2023.

Mapware figures from the interview

Revenue Target (2023)
$9M
Team Size (2023)
25
Price Per Seat (2023)
$199 per month
Revenue Run Rate (2022)
$1.5M
Series A Raised (2019)
$6M
“So mapware is a software company. What we do is we take photos and using a process called photogrammetry, we transform them into rich three d maps.”
“So it's a subscription model. So it's $199 a month for for our software, and then that's an annually recurring license that people can can grab on to.”
“So it's a land and expand strategy, and what we've seen within the The US drone marketplace is that it's mostly single owner operators. So it's typically one guy buying one license. Okay. We're seeing that, you know, with within the government agencies, we're getting, like, thousand user orders or, like, several 100 users at a time, which has been great.”

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Bio

Founder CEO of Mapware, previously OfferBoard (exited), with 3 little start ups at home. Homesteading. Flannel aficionado.

Company

Mapware

Washington, United States · Founded 2015

Revenue
$3M
Funding
$6M
Team size
25
Customers
3

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