Shawn Riegsecker
- CEO and Founder at Centro
GetLatka interview
How Centro Reached 1,700 Customers and Nearly 700 Employees with $52.5M Raised (Interview with CEO Shawn Riegsecker)
Shawn Riegsecker (CEO and Founder of Centro) spoke to Nathan Latka.
Centro figures from the interview
- Total Funding Raised
- $52.5M (about $55M with the angel)
- Customers
- 1,700
- Team Size
- Just shy of 700
- Year Founded
- 2001
“I didn't raise capital for nine years. Well, should say that I raised $2,000,000 after I bootstrapped it for five years. Raised 2,000,000 Then five years went by and that's when I raised our Series A, which was 22,500,000. And then three years went by and that's when we raised 30,000,000.”
“Half of all of that money went out for acquisitions. So we haven't really needed a lot comparatively to our competition to actually build the company. I've always said there are two muscles that you can build in the company: figure out a way to be great at raising capital, or you can figure out a way to create revenue and service customers.”
“If you look at a pie chart of the business, easiest way to think about it is we've got around 150 in r and d, you know, development. There's approximately 125 folks in sales. The services team, just for the marketing services around 200. Then we've got a customer software support team, which is around 50 folks.”
Bio
Shawn Riegsecker is the CEO and Founder of Centro. He founded the company in 2001 intent on developing the most comprehensive, automated and intelligent software platform for the digital media industry. His leadership, commitment to innovation and modernized approach to culture and employee happiness have led Centro to receive many accolades. Shawn is a member of the Young President’s Organization and a founding director and co-chairman of Unite America.