FaaStrak
Charlotte, North Carolina, United States
How FaaStrak hit $663K revenue with a 12 person team in 2023.
FaaStrak offers user friendly equipment leasing platform to help our customers save time and effort. Through our organized platform business can flourish. Each individual can choose whichever lender works best for their business, and offer a direct connection to customers. Our goal is to make the process of equipment leasing less tedious through the use of our highly efficient platform. Have the power to control your own deals, with FaaStrak. - A more hands on equipment leasing process that allows for greater control. - Instant quoting for equipment leasing - Automated process - Application management - Access to multiple reputable lenders and direct communication with said lenders - Easy online application - One standard application for all lenders - Organize applications by each lender for easy management - No need to contact multiple leasing representatives creating quicker response times
2018
Founded
$663K
2023 Revenue
1.6%
YOY
$710K
Funding
FaaStrak Revenue
In 2023, FaaStrak revenue run rate hit $663K in revenue.
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2023
FaaStrak hit $663K in revenue in 2023
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2021
FaaStrak hit $642.4K in revenue in 2021
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2018
FaaStrak launched in 2018 with $0 revenue
FaaStrak Funding History
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2019 Convertible Note
FaaStrak raised a Convertible Note of in July, 2019
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2018 Seed Round
FaaStrak raised a Seed Round of in December, 2018
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2018 Seed Round
FaaStrak raised a Seed Round of in April, 2018
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| July, 25 2019 | Convertible Note | ||
| December, 10 2018 | Seed Round | ||
| April, 05 2018 | Seed Round |
Team
FaaStrak has 12 total employees and 1 sales reps that carry a quota. an engineering team of 1 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 12 |
| Engineer | 1 (8%) |
| Sales | 1 (8%) |
| Marketing | 1 (8%) |
Founder / CEO
Ken Brokaw
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
FaaStrak Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ken Brokaw | CEO | [email protected] | - |
FaaStrak Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ken Brokaw | CEO | [email protected] | - |
Frequently Asked Questions about FaaStrak
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When was FaaStrak founded?
FaaStrak was founded in 2018.
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How much revenue does FaaStrak generate?
FaaStrak generates $663K in revenue.
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Who is the CEO of FaaStrak
The CEO of FaaStrak is Ken Brokaw.
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How much funding does FaaStrak have?
FaaStrak raised $710K.
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How many employees does FaaStrak have?
FaaStrak has 12 employees.
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Where is FaaStrak headquarters?
FaaStrak is headquartered at Charlotte, North Carolina, United States
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