Ted Elliott
- CEO at Copado
- CEO at Jobscience
GetLatka interview
How Copado Grew From 30 to 340 People and Reached $40M in Revenue in Two Years (Interview with CEO Ted Elliott)
Ted Elliott (CEO of Copado) spoke to Nathan Latka on May 4, 2021.
Copado figures from the interview
- Revenue (2021)
- $40M
- Net Revenue Retention (2021)
- 140%
- Total Funding Raised
- $111M
- Team Size (2021)
- 340 people
- Gross Revenue Retention (2021)
- 95%
“right now, Copado is at 40,000,000 in revenue after two years, We have 340 people in the company. We're gonna have 600 by the end of the year. We've raised $111,000,000 and we're crushing it.”
“We only focus on the top 5,000 buyers of Salesforce in the world. And right now, we've penetrated 400 of them.”
“After this first quarter, we're growing at 100% plus on new revenue. What's really interesting about this business is the number of customers, and this is really the sign that you're making customers successful. We generated 50% of our new revenue in the fourth quarter of last year on customers who are coming back and buying more.”