Company Growth (employees)
RateSetter was founded in 2010 and is headquartered in London, GB
Key People at RateSetter
Rhydian Lewis
CEO
Harry Russell
CFO
John Gillespie
CTO
Peter Behrens
COO
Lucy Bott
Head of Customer Services
RateSetter Office Locations
RateSetter has an office in London
London, GB (HQ)
55 Bishopsgate
RateSetter Data and Metrics
Summary Metrics
Founding Date | 2010 |
Total Funding | $63.5 m |
Latest funding size | $16.7 m |
Time since last funding | 27 days |
Investors | Woodford Investment Management, Artemis |
RateSetter's latest funding round in May 2017 was reported to be $16.7 m. In total, RateSetter has raised $63.5 m
RateSetter Financial Metrics
RateSetter's revenue was reported to be £1.3 m in FY, 2016 which is a 1347% increase from the previous period.
£, GBP
Revenue (FY, 2016) | 1.3 m |
Revenue growth (FY, 2015 - FY, 2016), % | 1347% |
Gross profit (FY, 2016) | 477.2 k |
Gross profit margin (FY, 2016), % | 36% |
Net income (FY, 2016) | (4 m) |
Cash (31-Mar-2016) | 22.3 m |
| £, GBP | FY, 2015 | FY, 2016 |
|---|---|---|
Revenue | 91 k | 1.3 m |
Revenue growth, % | 1347% | |
Cost of goods sold | 110 k | 840.1 k |
Gross profit | (19 k) | 477.2 k |
Gross profit Margin, % | (21%) | 36% |
Pre tax profit | 475.7 k | (4.9 m) |
Net Income | 435.9 k | (4 m) |
| £, GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 2.3 m | 25.8 m | 22.3 m |
Accounts Receivable | 1.6 m | 793.4 k | 1.6 m |
Current Assets | 7 m | 29.5 m | 32 m |
PP&E | 57.6 k | 255.8 k | 1.3 m |
Goodwill | 1.6 k | 1.6 k | 32.8 k |
Total Assets | 7.1 m | 29.7 m | 33.4 m |
Accounts Payable | 520.7 k | 1.3 m | 1.1 m |
Current Liabilities | 520.7 k | 1.6 m | 9.2 m |
Retained Earnings | 435.9 k | (4 m) | |
Total Equity | 6.6 m | 28.1 m | 24.1 m |
Financial Leverage | 1.1 x | 1.1 x | 1.4 x |
| £, GBP | FY, 2015 | FY, 2016 |
|---|---|---|
Cash From Operating Activities | 3.7 m | (2.2 m) |
Cash From Financing Activities | 20.1 m | (116.5 k) |
Income Taxes Paid | (39.8 k) | 868.1 k |
| £, GBP | Y, 2016 |
|---|---|
Revenue/Employee | 11.2 k |
Financial Leverage | 1.4 x |
