Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues1.2b1.6b2.0b2.2b2.4b2.6b2.8b
% growth31 %35 %25 %11 %9 %8 %7 %
EBITDA42.8m(184m)(339m)113m595m676m745m
% EBITDA margin4 %(12 %)(17 %)5 %25 %26 %27 %
Profit(83.0m)(376m)(879m)(165m)(91.4m)(18.7m)51.3m
% profit margin(7 %)(24 %)(44 %)(8 %)(4 %)(1 %)2 %
EV / revenue29.3x11.7x2.4x2.0x1.8x1.5x1.2x
EV / EBITDA811.0x-101.3x-14.0x39.8x7.1x5.8x4.6x
R&D budget189m310m362m336m---
R&D % of revenue16 %19 %18 %15 %---

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

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N/A

Early VC

$12.0m

Series A

$12.0m

Series B

$10.0m

Series C

$10.0m

Series D

N/A

Series E

$1.9m

Growth Equity VC
N/A

$97.5m

Valuation: $790m

IPO
*
N/A

$400m

Post IPO Debt
Total Funding$45.9m

Recent News about RingCentral

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More about RingCentralinfo icon
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RingCentral, Inc. is a leading provider of cloud-based communication and collaboration solutions for businesses. Founded in 1999 by Vlad Shmunis and Vlad Vendrow, the company aims to revolutionize business communications using the power of cloud technology. RingCentral serves a diverse range of clients, from small businesses to large enterprises, across various industries. The company operates in the global market, with a significant presence in North America, Europe, and Asia.

RingCentral's primary offerings include voice, video, messaging, and collaboration tools that are accessible through its unified RingCentral App. This app allows users to manage calls, messages, and meetings from any device, ensuring seamless communication and collaboration. The company also provides specialized services like RingCentral Fax and RingCentral Contact Center, catering to specific business needs.

The business model of RingCentral is subscription-based, meaning clients pay a recurring fee to access its services. This model ensures a steady stream of revenue for the company. Additionally, RingCentral has an affiliate program that allows partners to earn commissions by promoting and selling its services. This program includes various incentives, such as commissions per line sold and pay-per-call earnings, which help maximize affiliate profits.

RingCentral makes money primarily through these subscription fees and affiliate commissions. The company also engages in strategic partnerships, such as its collaboration with AT&T, to expand its market reach and enhance its service offerings.

In summary, RingCentral is a cloud-based communication and collaboration solutions provider that serves businesses of all sizes globally. It operates on a subscription-based model and leverages affiliate partnerships to drive revenue.

Keywords: cloud-based, communication, collaboration, subscription, business, global, RingCentral App, affiliate program, AT&T partnership, diverse clients.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by RingCentral

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Glip
ACQUISITION by RingCentral Jun 2015
DIMELO
ACQUISITION by RingCentral Oct 2018
DeepAffects
ACQUISITION by RingCentral Dec 2020
Hopin
ACQUISITION by Bending Spoons Apr 2024
Enable Us
ACQUISITION by MindTickle May 2023
Hopin's Events and Session platform
ACQUISITION by RingCentral Aug 2023