Cloud Shift Technologies
3511 Shannon Rd #365, Durham, NC 27707
Durham, North Carolina, United States
Address
City: Durham
Neighborhood: Valley Run
State: North Carolina
Postal Code: 27707
Country: United States
Business facts
Estimated annual revenue~$2.2M
Estimated employees~12
Estimated wage bill~$540.8K
In business since2023 (est.)
Estimate based on strong signals
Area statistics (27707)
Population50,696
Median household income$69,579
Source: US Census ACS
About
Cloud Shift Technologies is located in Durham, North Carolina. This business is working in the following industry: Software Company.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a growing category (Software Company).
EstimateCategory trend: 2021, +8.7%
Revenue trend (modeled)
~$1.5M2019
~$1.6M2020
~$1.8M2021
~$2.0M2022
~$2.1M2023
~$2.2M2024
Modeled from category averages for the region+7.9%/yr since 201980% confidence band: ±68%
Property
Lot size3.37 acres
Land useOI(D)
CountyDurham
Parcel ownerBACHRACH, HILLEL;BACHRACH, LILIANA
Land value$3.1M
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Software Company in North Carolina | 2,533 | ~$14.0B | ~$5.6M | ~$1.4M | 5.0★ | 1.5× |
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure46 chains expanding in this category, led by Walmart Connection Center, Metro by T-Mobile, YP (+1,969 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 302 | ~$341.2M | ~$1.1M | ~$624.9K | 1,798 | ~$146.3M | 3.5× |
| Wholesale and retail trade; repair of motor vehicles and motorcycles | 35 | ~$63.2M | ~$1.8M | — | 215 | — | — |
1 km area (all businesses): median from the 258 of 302 businesses with estimates
Estimate
Area conditions (27707)
Population50,696 ±2,455
Median household income$69,579 ±$3,359
Median home value$320,600
Bachelor's degree or higher0.6%
Unemployment rate0.0%
Source: US Census ACS