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Reef.ai is helping companies track and expand net revenue retention

TechCrunch

When it comes to measuring SaaS success, companies look at a number of key metrics, including annual recurring revenue (ARR) and net revenue retention (NRR). If it goes up, it means that customers are expanding their usage of the product, making it a key measurement for companies selling software as a service. Today’s $5.2

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Peer-to-peer car-sharing company Turo files IPO to go public

TechCrunch

Peer-to-peer car-sharing startup Turo has released its filing to become a publicly traded company in the United States, a process the company began confidentially in August. The company boasts 85,000 active hosts and 160,000 active vehicle listings in over 7,500 cities as of September 30, 2021. Net losses were $97.1

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Usage-based pricing is a company-wide effort

TechCrunch

UBP is a company-wide effort and requires ditching the old SaaS metrics playbook. Consider Snowflake, a data warehousing company that went public in 2020 and now has a $100 billion market cap. The company’s net retention actually rose from 158% in Q2 of fiscal 2021.

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Extra Crunch roundup: Crucial API metrics, US startup funding, advanced SEO tactics

TechCrunch

Beyond Wong’s pitch technique, this post also examines some of the key “customer love” metrics that helped Zipline win the day, such as CAC, churn rates and net promoter score. “In Global venture capital reached $156 billion in Q2 2021, a YOY increase of 157%. 5 advanced-ish SEO tactics to win in 2021.

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Are early-stage funding rounds out of control?

TechCrunch

Transmit Security broke records last summer with their $543 million Series A, and in Q3 2021, $26.4 However, despite the twofold growth in dollars invested, the number of companies receiving funding has grown by less than 30% compared with Q3 2020. billion was invested in North American early-stage startups, compared with $12.1

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You shouldn’t skim over gross dollar retention

TechCrunch

For SaaS companies, net dollar retention is on investor radar more than ever. But it shouldn’t eclipse gross dollar retention: If you are not tracking both metrics, you could be fighting to add new customers into a leaky bucket. ” However, her comments were made in 2021, not 2022. Sign up here.

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Where’s the ROI for AI? CIOs struggle to find it

CIO

The AI market is still developing, and some companies are adopting the technology without a specific use case in mind, he adds. Kane has seen companies roll out Microsoft Copilot, for example, without any employee training about its uses. “I I have found very few companies who have found ROI with AI at all thus far,” he adds.