By Concentric, Apr 05, 2021
Since 2010, we've raised $4.7 million to grow faster and build our 27 person team to serve you better. Today, over 41 Brands and 5000 users deploy our tools. Many of you have upgraded to our new product offerings, and we're proud to say that we had 100% retention of our customers in 2020. Thank you!
As we've grown, our CEO Greg Silverman has spent time sharing our growth story with podcast host Nathan Latka. The show has passed 13 million downloads, and our profile has been viewed over 30,000 times. You can listen to the last podcast here:
In addition to the podcast, each year Latka publishes the Latka 250 — a list of the fastest growing SaaS companies. This year, 5,091 companies applied, and just 5% made the list.
We're thrilled to share that we grew 113.3% between Dec 2019 and Dec 2020 and look forward to growing another 100%+ this year with new product offerings.
How The Rankings Work
Nathan Latka sold his SaaS company in 2015 before launching his SaaS CEO Podcast and database at GetLatka.com. Each year he gets revenue growth figures from SaaS CEOs and confirms the revenue via email with the CEO. The rankings take December 2019 monthly recurring revenue annualized (multiply by 12) and compare to revenue one month ago (December 2020).
The companies are then split into three buckets since it's easier to grow a $1m company 300% compared to a $10m company. The three categories are $1m-$10m, $10m-$20m, and $20m-100m.
In total, the top 250 companies do $8.5 billion in revenue, service 2.2 million customers, and have raised a total of 12 billion dollars.
You can see a digital version of the top 250 SaaS companies here and find the deeper story on our growth in the March issue of Latka Magazine.
Thanks to all of you for helping us land a spot in the Latka 250 for 2020. We look forward to many more years in help us grow!
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