Jackrabbit Technologies
👤 Mark Mahoney & Mike Carper (Ex-gymnast who ran a gym; Mahoney and coder Mike Carper built for the job he'd left, and never raised a cent.)🌐 siteLinkedIn
An ex-gymnast built billing-and-scheduling software for gyms, never raised a dollar, and quietly signed 17,000 centers.
Will it work? · our read
Patience won. A niche too dull for VC — kids' gyms and dance studios. Jackrabbit went deep on the workflow, made tuition billing hard to leave, and let 20 years of retention do the rest.
01How the money moves
Gym or studio loads its classes, students and tuition plans
→
Runs daily ops: scheduling, attendance, parent portal, billing
→
Center pays $49+/mo, tiered by its active-student count
02The numbers
17,000+ centersStatedclients; rev. never public
2025
Company-stated reach; revenue never disclosed.
Revenue never disclosed; Latka models about $13.5M for 2024 on $0 ever raised.
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See a full teardown, free → Transistor.fmSourcesSources last checked 30 July 2026
Latka — revenue est. about $13.5M (2024), $0 raised, 121 staffCharlotte Business Journal Fast 50, 2025 — '17,000 schools in 35 countries'Jackrabbit awards — Inc 5000 (2011-2024), Charlotte Fast 50, NC TechThe Jackrabbit story — founded 2004 by Mahoney and Carper, bootstrappedMark Mahoney interview (Sept 2024) — 5M+ students, 15,000+ locations
Jackrabbit has never disclosed revenue. The headline is its own first-party client count — 'more than 17,000 activity centers in 35 countries' (company site and 2025 Charlotte Business Journal Fast 50 post). Latka ESTIMATES about $13.5M revenue for 2024 and explicitly states it modeled the figure ('we have not recorded an interview'); it also lists $0 raised and 121 employees. A Sept 2024 interview calls Jackrabbit a 'multi-million dollar company' serving 5M+ students. Bootstrapped since 2004 by Mark Mahoney (an ex-gymnast) and Mike Carper. On the Inc 5000 for a decade (2011-2024) and the Charlotte Fast 50 repeatedly — both rank verified revenue GROWTH, not absolute revenue. verified:false because revenue is not first-party disclosed; the client count is. We never score you.