Scottsdale, Ariz., Feb. 5th, 2021 — Since launch in 2018, Trainual has raised $6.75m to grow faster and build out a 44-person team to better serve you. Today over 4,500 companies use the software to build and house their business playbooks. Each year Latka publishes the Latka 250 - a list of the fastest-growing SaaS companies. This year, 5,091 companies applied and 5% made the list.
Last year, Trainual Founder & CEO Chris Ronzio shared the growth story with podcast host Nathan Latka. The show has passed 13m downloads and the business profile with growth metrics has been viewed over 30,000 times. The company grew 100% between Dec 2019 and Dec 2020 and plans to continue on the same trajectory this year with new updates to the product.
(You can check out Trainual's GetLatka business profile and also listen to the last podcast, here.)
How The Rankings Work
Each year, Nathan Latka gets revenue figures from SaaS CEOs. For the list, Latka takes December 2019 monthly recurring revenue annualized (multiply by 12) and compares it to revenue 1 month ago (December 2020). The companies are then split into three buckets since it’s easier to grow a $1m company 300% compared to a $10m company. The three categories are $1m-$10m, $10m-$20m, and $20m-100m.
In total, the top 250 companies do $8.5 billion in revenue, service 2.2 million customers, and have raised a total of $12 billion dollars. There is a digital version of the top 250 SaaS companies on getlatka.com and find the deeper story on our growth in the March issue of Latka Magazine.
For more information about Trainual, visit trainual.com. Media-related inquiries should go to email@example.com.
Trainual is an early-stage, venture-backed SaaS startup, working to make running a small business easier.
Trusted by thousands of growing small businesses in 120+ countries, our award-winning training tool organizes everything teams need to know in one place. That way, they can scale quickly and easily - without wasting any time.
👉 To learn more, visit trainual.com or download the Trainual app directly from the Apple or Google Play Store.
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