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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). So think product telemetry, think marketing and engagement data, think support engagement data, etc. The latter measures the amount of recurring revenue from existing customers.

.Net 233
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Kenya-based aquaculture tech Victory Farms nets $5M funding to expand into new markets

TechCrunch

In 2015, Rehmann teamed up with his longtime business partner Steve Moran to explore Lake Victoria and perform some feasibility studies on how they could use technology to disrupt the country’s cold chain markets. They raised an angel round to start Victory Farms before launching in mid-2016 to serve a market with about a $1.5

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Really, this market isn’t good enough?

TechCrunch

In honor of that fact, entries from The Exchange concerning NFT volume viz recent marketplace valuations and how an accelerating pace of change helps startups by exposing more market voids will have to wait. The Exchange explores startups, markets and money. Affirm also posted a net loss of $128.2 Why not just keep at it?

Marketing 225
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IPO Market Insiders ‘Cautiously Optimistic’ That Current Trickle Will Get Stronger

Crunchbase News

With Microsoft -backed data security firm Rubrik set to enter the public market this week, talk about the rejuvenated IPO market has returned as many wonder who may be next, and when. However, the IPO market has significantly changed since those free money days of 2021. That has already happened in the IPO market.

Marketing 103
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SaaS retention benchmarks: How does your business stack up?

TechCrunch

High retention indicates strong product-market fit. Even at scale, sales and marketing expenses make up the majority of your expenditure. It’s no surprise, given all this, that companies with higher net revenue retention often command higher valuations. And with the recent market downturn, is retention lower than it used to be?

.Net 229
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Electric automaker Rivian valuation pops above GM, Ford in biggest IPO of 2021

TechCrunch

history and puts its market cap above GM as well as one of its backers, Ford (GM’s market cap is $86.31 To say that investor demand has been frenetic is perhaps the understatement of 2021. In the first half of 2021, the company spent $683 million on R&D.). billion; Ford’s is $78.2

.Net 248
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Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless

TechCrunch

The average cost of shipping a standard large container reached $10,000 in 2021 , but from 2015 to 2020, the number largely trended below $2,000. With its new capital infusion, Kaiko Systems plans to grow its team, improve its software solution and expand into new markets beyond its current footprint in Germany, Greece and East Asia.