GoCardless

GoCardless is an Online Direct Debit provider. It enables organizations to take recurring payments however and whenever they want to. The Company works with a large range of organizations: small gyms and scout groups use it to reduce admin; fast growing companies use it to power their growth; established institutions use it to reduce failure rates.




Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2011
Size (employees)
124 (est)+7%
GoCardless was founded in 2011 and is headquartered in London, GB

Key People at GoCardless

Hiroki Takeuchi

Hiroki Takeuchi

Founder & CEO
Harry Marr

Harry Marr

CTO

GoCardless Office Locations

GoCardless has an office in London
London, GB (HQ)
Goswell Road London

GoCardless Data and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$24.8 m

Latest funding size

$13 m

Time since last funding

over 1 year

Investors

GoCardless's latest funding round in March 2016 was reported to be $13 m. In total, GoCardless has raised $24.8 m

GoCardless Financial Metrics

GoCardless's revenue was reported to be £2.9 m in FY, 2016 which is a 139% increase from the previous period.
GBP

Revenue (FY, 2016)

2.9 m

Revenue growth (FY, 2015 - FY, 2016), %

139%

Gross profit (FY, 2016)

2.8 m

Gross profit margin (FY, 2016), %

95%

Net income (FY, 2016)

(3.5 m)

Cash (31-Jan-2016)

1.2 m
GBPFY, 2015FY, 2016

Revenue

1.2 m2.9 m

Revenue growth, %

139%

Cost of goods sold

143.4 k

Gross profit

2.8 m

Gross profit Margin, %

95%

Operating expense total

6.3 m

Pre tax profit

(2.9 m)(3.5 m)

Net Income

(2.3 m)(3.5 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

403.2 k970.6 k1.2 m

Accounts Receivable

3.9 m29.5 k126.5 k

Current Assets

4.3 m6 m10.4 m

PP&E

57.1 k391.6 k446.7 k

Total Assets

4.3 m6.3 m10.9 m

Accounts Payable

62.7 k51.3 k89.2 k

Current Liabilities

62.7 k4.4 m7.9 m

Total Liabilities

62.7 k4.4 m9.9 m

Retained Earnings

(2.3 m)(3.5 m)

Total Equity

4.3 m2 m964.8 k

Financial Leverage

1 x3.2 x11.3 x
GBPFY, 2015

Income Taxes Paid

575.9 k
GBPY, 2016

Revenue/Employee

50.8 k

Financial Leverage

11.3 x

GoCardless Online and Social Media Presence

GoCardless Company Life and Culture

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