Summary

Venmo

Founded in 2009

Description

Venmo is a digital wallet that makes money easier for everyone from students to small businesses. More than 60 million people use the Venmo app for fast, safe, social payments. Venmo offers an app that allows users to share and make payments with frien...

Strengths

  • Venmo has a strong market share in their industry
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Since Venmo was founded, the company has grown faster than the industry average

Weaknesses

  • Revenue generated per employee is less than the industry average
  • Variance of revenue growth is more than the industry average
  • Web traffic rankings are worse than the industry average

Annual Revenue

Venmo's annual revenue

$38430000

Based on Kona Equity data

  • Revenue per employee

    $68017

  • Variance of revenue growth

    0.41

  • Annual revenue growth since founding

    $2956153

  • Revenue growth rate from first known quarter to current

    308.8%

Employee Count

565 employees

  • Employee growth rate from first known quarter to current

    1102.1%

Executives

Liz Alspector

Senior Legal Counsel

l**@venmo.com

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G6 Annual revenue growth since founding is higher than the industry average.

Web Analysis

  • Rank

    4.43 K

  • Page views per visitor

    4.05

  • Daily time

    3:24

  • Bounce Rate

    27.6 %

Location

2038 Locust Street Floor 1 
Philadelphia, Pennsylvania  19103

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Key Information

  • SIC: 73; 737
  • NAICS: 511; 5182
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Venmo.

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Frequently Asked Questions

Where is Venmo located?

Venmo's headquarters are located at 2038 Locust Street Floor 1  Philadelphia, Pennsylvania  19103.


What is Venmo's official website?

Venmo's official website is venmo.com


What is Venmo's revenue?

Venmo's annual revenue is $38.4 M.


What is Venmo's SIC code?

Venmo's SIC: 73; 737


What is Venmo's NAICS code?

Venmo's NAICS: 511; 5182.


How many employees does Venmo's have?

Venmo has 565 employees


What industry does Venmo belong to?

Venmo is in the industry of Financial services.

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