Since 2016, we’ve expanded into over 270 locations, increased our reach to 3 continents and served nearly a million fans worldwide. Especially in 2020, we doubled our presence despite a pandemic, to provide a safe and convenient way of connecting people with their favorite food experiences. Today, F&B operators of all types and sizes are using our tools and many of you have upgraded to our new product offerings. For your trust, loyalty and unwavering support, we want to thank you from the bottom of our hearts.
As we’ve grown, our CEO Carson Goodale has spent time sharing our growth story with podcast host Nathan Latka. The show has passed 13m downloads and our profile has been viewed over 30,000 times. You can listen to the last podcast here:https://getlatka.com/companies/fanfoodapp .
In addition to the podcast, each year Latka publishes the Latka 250 — a list of the fastest growing SaaS companies. This year, 5,091 companies applied and just 5% made the list — among which we’re proud to have claimed a spot.
We’re thrilled to share that we grew 1235 % between Dec 2019 and Dec 2020 and look forward to growing another 100%+ this year with new product offerings.
New FanFood Products Coming This Year
Product improvement and iteration is a constant, on-going project at FanFood. Over the past year, we’ve further enhanced our platform to make our existing partners’ jobs even easier, and empower venues with more service options they can offer. Just to name a few:
We’re also working on several first-of-its-kind products that will potentially lead to massive breakthroughs in the space, such as the premium suite ordering system and a roaming seat vendor app.
How The Rankings Work
Nathan Latka sold his SaaS company in 2015 before launching his SaaS CEO Podcast and database at GetLatka.com. Each year he gets revenue growth figures from SaaS CEO’s and confirms the revenue via email with the CEO. The rankings take December 2019 monthly recurring revenue annualized (multiply by 12) and compare 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.
You can see a digital version of the top 250 SaaS companies here and find the deeper story on our growth in the March issue of Latka Magazine.
Who is Nathan Latka?
Having written the WSJ bestseller ‘How to be a Capitalist without any capital’ and had his inaugural software company valued at $10.5 million after just five years, Nathan Latka’s opinion carries a great deal of weight. Nathan is also the principal of private equity firm Latka Capital; executive producer and host of “The Top Entrepreneurs” podcast; and CEO at two companies he’s recently purchased, with over a decade of experience in the SaaS space.
CEO Derek O’Carroll appeared on Nathan’s podcast in 2019, participating in an illuminating discussion on the challenges of rightsizing a company and engineering sustainable growth in a competitive marketplace, you can listen here.