Foundry Software Development Co

677 Craig Rd UNIT 217, Creve Coeur, MO 63141

Creve Coeur, Missouri, United States

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Business facts

Estimated annual revenue~$7.7M
Estimated employees~6
Annual payroll (2021)~$829.7K
In business since2007
Based on reported payroll data

Area statistics (63141)

Population20,781
Median household income$120,648
Source: US Census ACS

About

Foundry Software Development Co is located in Creve Coeur, Missouri, and was founded in 2007. At this location, Foundry Software Development Co employs approximately 15 people. This business is working in the following industry: Software Company. Annual sales for Foundry Software Development Co are around $1.0M – $5.0M.

Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$4.7M2019
~$4.5M2020
~$6.2M2021
~$6.9M2022
~$7.3M2023
~$7.7M2024
Modeled from category averages for the region+10.2%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2007 (MO)
Employees (reported band)8-17
Observed

Federal support (SBA)

EIDL advance grant (2020)$9.0K · 9 jobs reported
PPP loan (2020)$217.5K · 9 jobs reported · implies ~$1.0M annual payroll · $219.9K forgiven
Second PPP loan (2021)$172.9K · 7 jobs reported · $173.7K forgiven
Receiving a second draw required certifying a ≥25% revenue drop in a 2020 quarter.
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Missouri1,060~$5.6B~$5.3M~$1.2M5.0★6.2×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure30 chains expanding in this category, led by Walmart Connection Center, Metro by T-Mobile, T-Mobile (+1,474 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)444~$944.8M~$2.1M~$712.5K2,936~$339.5M11×
Wholesale and retail trade; repair of motor vehicles and motorcycles21~$173.0M~$8.2M162

1 km area (all businesses): median from the 368 of 444 businesses with estimates

Estimate

Area conditions (63141)

Population20,781 ±735
Median household income$120,648 ±$10,250
Median home value$546,200
Bachelor's degree or higher0.7%
Unemployment rate0.0%
Source: US Census ACS
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