ResearchGate

Technology scientific research social networks

ResearchGate is a social networking site for scientists and researchers to share papers, ask and answer questions, and find collaborators. Members of the site each have a user profile and can upload research output including papers, data, chapters, negative results, patents, research proposals, methods, presentations, and software source code. Users may also follow the activities of other users and engage in discussions with them.

Revenue(FY, 2015)

€5 M

Total Funding

$87.6 M

Type

Private

Berlin, DE

Founded

2008

Size (employees)

322 (est)

Website

researchgate.net

ResearchGate was founded in 2008 and is headquartered in Berlin, DE

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Key People/Management at ResearchGate

Ijad Madisch

Co-Founder & CEO

Sören Hofmayer

Co-Founder, COO

Horst Fickenscher

CTO & Co-Founder

Charlotte Böttger

Head of People

Irena Snigireva

Head of Finance

Darren Alvares

Head of Product

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ResearchGate Office Locations

ResearchGate has offices in Aurora, Amherst, Albuquerque, Evanston and in 48 other locations

Berlin, DE (HQ)

115 Invalidenstraße

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ResearchGate Financials and Metrics

Summary Metrics

Founding Date	2008
Total Funding	$87.6 m
Latest funding size	$52.60 m
Time since last funding	a year ago
Investors	Four Rivers Group, Ulrich Essmann, Tenaya Capital, Benchmark, Dragoneer Investment Group, Xavier Niel, David Sacks, Christian Vollmann, Luke Nosek, Groupe Arnault, Thrive Capital, Rolf Christof Dienst, Goldman Sachs, Bill Gates, Founders Fund, Martin Sinner, Simon Levene, Michael Birch, Ashton Kutcher, Joachim Schoss, Wellcome Trust, Accel Partners

ResearchGate's latest funding round in February 2017 was reported to be $52.6 m. In total, ResearchGate has raised $87.6 m

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ResearchGate Financials

ResearchGate's revenue was reported to be €5.03 m in FY, 2015 which is a 139.3% increase from the previous period.

Summary

EUR
Revenue (FY, 2015)	5 m
Revenue growth (FY, 2014 - FY, 2015), %	139.3%
Gross profit (FY, 2015)	(4.7 m)
Gross profit margin (FY, 2015), %	(92.7%)
Net income (FY, 2015)	(6.2 m)
EBIT (FY, 2015)	(6.2 m)
Cash (31-Dec-2015)	22.9 m

Income Statement

EUR	FY, 2014	FY, 2015
Revenue	2.1 m	5 m
Revenue growth, %		139%
Cost of goods sold	6.2 m	9.7 m
Gross profit	(4.1 m)	(4.7 m)

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Balance Sheet

EUR	FY, 2014	FY, 2015
Cash	11.8 m	22.9 m
Accounts Receivable	531 k	934.9 k
Prepaid Expenses		7.2 k
PP&E	148 k	295.3 k

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Ratios

EUR	Y, 2015
Revenue/Employee	35.3 k
Financial Leverage	1 x

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ResearchGate Operating Metrics

ResearchGate's Registered Members was reported to be 14 m in Y, 2017. ResearchGate's Backlog was reported to be €1m in FY, 2015. ResearchGate's Enterprise Customers was reported to be 3.4 k in Dec, 2016.