TechCrunch

FEBRUARY 25, 2021

Coinbase’s financials show a company that grew rapidly from 2019 to 2020. More than that, the company also crossed the threshold into unadjusted profitability; it’s common amongst quickly-growing tech companies to lean more heavily on adjusted profit and other more flattering metrics. million in the final quarter of 2020.

.Net 270

.Net Technical Review Blockchain Metrics 270

TechCrunch

JANUARY 10, 2022

In 2020, Turo generated net revenue of $149.9 million in 2020, a 6% growth from the previous year, according to the S-1. Net losses were $97.1 million in 2020, a slight improvement from the $98.6 million in net losses it had in 2019. million for the same period in 2020. million in 2020.

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TechCrunch

AUGUST 4, 2021

Back in August 2020, The Exchange noted that many neobanks were racking up steep losses. Chime indicated in September 2020 that it generates positive, unadjusted EBITDA. And Starling Bank reached what it describes as profitable territory in October 2020. The company did post rather negative aggregate results for the 2020 period.

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Marketing Fintech SMB .Net 260

TechCrunch

JANUARY 6, 2022

However, despite the twofold growth in dollars invested, the number of companies receiving funding has grown by less than 30% compared with Q3 2020. Furthermore, recent benchmarks data shows that the businesses garnering these high valuations in 2021 exhibit metrics that significantly outperform their peers from 2018-2020.

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.Net Metrics Company Marketing 219

TechCrunch

FEBRUARY 25, 2021

But in case you’ve been busy, the key things to understand are that Coinbase was an impressive company in 2019 with more than a half-billion in revenue and a modest net loss. In 2020, the company grew sharply to more than $1.2 billion in revenue, providing it with lots of net income. In 2020, Coinbase generated $1.28

.Net 277

.Net Metrics Company Marketing 277

TechCrunch

FEBRUARY 8, 2021

So, how did the company perform in 2020? Here are its 2020 metrics, and their 2019 comps: Total premiums earned: $1.67 Net premium earned: $455 million (-3% from $468.9 Oscar Health did a great job raising its total premium volume in 2020, or, in simpler terms, it sold way more insurance last year than it did in 2019.

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Insurance Testing .Net Small Business 246

TechCrunch

NOVEMBER 18, 2020

Growth and a path to profitability has been a winning duo in 2020 as a number of unicorns with similar metrics have seen strong pricing in their debuts, and winsome early trading. Affirm joins DoorDash and Airbnb in pursuing an exit before 2020 comes to a close. million in fiscal 2020, up 93% from the year-ago period.

Fintech 284

Fintech .Net eCommerce Sustainability 284

TechCrunch

DECEMBER 22, 2020

The startup was part of the summer 2020 class at accelerator Y Combinator. Conti said the platform has been used to send millions of dollars’ worth of promotions since July, with one clothing company seeing a 20% increase in net revenue. It also raised a $1.32

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Off-The-Shelf Artificial Inteligence Machine Learning .Net 299

TechCrunch

DECEMBER 9, 2021

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. Usage-based companies share their customers’ success.

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Company .Net Metrics Trends 214

TechCrunch

JULY 20, 2021

Mural also raised a $23 million Series A at the start of 2020. That second figure is up from a “couple” seven-figure deals at the start of 2020, a figure that the company disclosed at the time of its Series A. Per Suarez-Battan, Mural has continued the torrid pace of growth that made it a breakout company in 2020.

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.Net Metrics Company Software 250

TechCrunch

APRIL 6, 2021

In its release, Coinbase disclosed the following metrics, which TechCrunch has compared to metrics from its S-1 filing : Monthly transacting users (MTUs) of 6.1 million at the end of 2020. billion at the end of 2020. billion at the end of 2020. million in Q4 2020. million in Q4 2020. Revenue of $1.8

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Metrics Comparison .Net Marketing 247

TechCrunch

NOVEMBER 21, 2020

The pandemic has been the most animating force for startups and venture capital in 2020, discounting the slow movement of global business into the digital realm. Great business, even if Roblox warned that growth could slow sharply next year, when compared to its epic 2020 gains. Next up: Growth metric. That makes it special.

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Software Review .Net Systems Review Games 335

TechCrunch

SEPTEMBER 17, 2021

The company is notable for its long-held, remote-first stance, and for being more public with its metrics than most unicorns — for some time, GitLab had a November 18, 2020 IPO target in its public plans, to pick an example. In its fiscal year ended January 2020, GitLab posted revenues of $81.2 Its net loss totaled $192.2

.Net 211

.Net Metrics DevOps Marketing 211

TechCrunch

FEBRUARY 1, 2021

If you recall, we released a year in review in January 2020 before we released the fiscal year of 2019 report,” he told TechCrunch. The company’s annual reports reveal numbers on gross earnings, profit/loss before and after-tax, net impairment loss, total assets, liabilities, and equity, among others. billion (~$241.35

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Banking Insurance Fintech Technical Review 291

TechCrunch

MARCH 1, 2021

The company’s IPO documentation details a business that did more than merely accelerate its growth in 2020, and more specifically, during the COVID-19 era. Kaltura also has an interesting profitability profile: As its GAAP net losses scaled in the last year, its adjusted profitability improved. That was just over a year ago.

.Net 241

.Net Video Metrics Education 241

TechCrunch

MARCH 5, 2021

Provided that they are willing to chat growth metrics, we’re willing to listen. The result is a model that might resonate with anyone familiar with Fiverr, and may help the company more rapidly expand its net revenue. It’s traditional around this time that startups in the accelerator reach out to say hello.

.Net 268

.Net Recruiting Metrics Media 268

TechCrunch

DECEMBER 2, 2020

The new capital will help AgentSync move faster, with co-founder and CEO Niranjan Sabharwal saying that it is pulling into 2020 hires earmarked for next year. Akin to fellow early-stage startup Welcome, which announced a second 2020 raise earlier today , AgentSync managed to quickly raise again. million ARR data point from mid-Q2 2020.

.Net 197

.Net Insurance Metrics Compliance 197

TechCrunch

SEPTEMBER 3, 2021

Business-to-consumer and consumer brands often use customer satisfaction metrics like Net Promoter Score to understand the customer experience, but Abdulla said current methods don’t provide the “why” of those experiences and are slow, expensive and error-prone. “As Optimizing customer retention will be a priority in 2020.

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Technical Review Software Review B2C Automotive 257

TechCrunch

FEBRUARY 10, 2021

Both Lemonade and Root have yet to announce Q4 2020 results, so we’ll look at their Q3 details instead. Results via the company , comparisons are Q3 2019: Root Q3 2020 revenue: $50.5 Root Q3 2020 gross profit: $0.7 Root Q3 2020 net loss: $85.2 Lemonade Q3 2020 gross profit: $7.3 Valuation: $5.45

Insurance 183

Insurance Comparison .Net Sport 183

TechCrunch

DECEMBER 7, 2021

million seed round in August 2020. Note that we have done some extrapolation from various pieces of shared information where reasonable: August 2020: $1.9 December 2020: ~$3 million to $4 million ARR, 4x growth since March 2020 [ TechCrunch estimate based on shared metrics ]. million that same December.

Insurance 247

Insurance .Net Recruiting Marketing 247

TechCrunch

DECEMBER 18, 2020

Alex Wilhelm keeps a close watch on the public markets in his column The Exchange, but this week, he branched out to look at some of the metrics underpinning soaring cryptocurrency prices and turned his gaze on StockX , the consumer reseller marketplace that just raised $275 million in a Series E that values the company at approximately $2.8

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TechCrunch

NOVEMBER 22, 2021

— standardizes it, and makes it queryable using GraphQL (a technology that is itself seeing more use and positive opinion, per the State of Javascript 2020 report ). The startup is early, so we don’t have traditional traction metrics to cite — revenue growth, net dollar retention, that sort of thing.

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Cloud Open Source Google Cloud Metrics 212

TechCrunch

DECEMBER 20, 2021

The former startup also closed a $50 million round as 2020 kicked off, bringing its total known capital raised to just over $140 million. Finally, does Justworks have attractive net retention metrics? (In Does the company have churn under control? (In Let’s explore. Is it a good business?

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SMB Insurance .Net Software 231

TechCrunch

OCTOBER 14, 2021

Briefly, here’s what I’m thinking when we consider the company’s IPO pricing: Revenue growth is good, but revenue growth with top-tier SaaS metrics is god-tier: Working to figure out just why GitLab was so far off in its first IPO price range is not easy. For example, in 2020, GitLab had net retention of 148%.

Marketing 172

Marketing .Net Metrics DevOps 172

TechCrunch

AUGUST 23, 2021

The company announced an impressive set of metrics this morning, including that from July 2020 to July 2021, it grew its annual recurring revenue (ARR) 4x. Per Perrotta, Shelf has 130% net dollar retention and no churn to report, meaning its customers are both sticky and expand organically. That’s the case with Shelf.io.

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Artificial Inteligence Machine Learning .Net Training 246

TechCrunch

NOVEMBER 19, 2020

Here’s Affirm discussing its provision for credit losses in its most recent quarter (calendar Q3 2020) and the period’s year-ago analog (calendar Q3 2019): Image Credits: Affirm. As we can see, the percentage of total revenue that Affirm has to provision for expected credit losses is going down over time.

.Net 255

.Net Metrics Company Marketing 255

TechCrunch

MARCH 13, 2021

They are as follows: Present-day revenues of less than $10 million, but with ARR growing by 6x in 2020 after 10x expansion in 2019. Because unlike nearly everyone in her profession, Thacker was super upfront with data and metrics. No customer churn to date. And then she shared more material on different investments and the like.

Chemicals 301

Chemicals B2B Government .Net 301

TechCrunch

OCTOBER 1, 2021

The CEO likened marketing as similar to fishing with a net. The company also sports net retention figures of around 125%, and a strong ratio of account size versus customer acquisition costs. Those are the sorts of metrics that SaaS investors covet. Sales, she said, is more akin to hunting fish with a spear.

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Marketing Software .Net Sport 178

Palo Alto Networks

SEPTEMBER 17, 2020

In February 2020, Palo Alto Networks commissioned Forrester Consulting to conduct a study, The State of Security Operations, surveying 315 security operations decision-makers from around the world to understand their challenges, investment priorities and opportunities. Every Business Is Vulnerable to a Cyberattack .

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Study Weak Development Team Survey Artificial Inteligence 98

TechCrunch

DECEMBER 15, 2020

Public grew quickly in 2020, expanding its user base by a multiple of 10 since the start of the year. How much longer Public and Robinhood and M1 and Wealthfront and others can continue to accrete net-new investors to their platforms is an open question, however. So far it has worked.

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TechCrunch

DECEMBER 6, 2022

Only half of the respondents said they planned to cut costs, “compared to 2020, when 81% of companies reported doing so,” writes Rebecca Szkutak. .’” Eighty percent of the seed-stage and pre-seed founders who responded to January’s survey have less than a year of runway left. Editorial Manager, TechCrunch+.

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How To Windows Survey .Net 218

TechCrunch

APRIL 2, 2021

For this morning’s column , Alex Wilhelm looked back on the last few months, “a busy season for technology exits” that followed a hot Q4 2020. By any measure, it is poised for success — sales increased 800% between December 2019 and 2020, and by the end of this year, the company will have 60 retail locations.

Security 187

Security Windows Artificial Inteligence Machine Learning 187

TechCrunch

FEBRUARY 5, 2021

You can argue with success, but seven out of the nine IPOs since 2018 with the best net dollar retention offer usage-based models. If you’re a founder who hopes to break into the $100M ARR club, this guest post can help you identify the right usage metrics for creating a sustainable customer journey.

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Windows Technical Review Education Software Review 282

Battery Ventures

MAY 27, 2020

Today, at The Marketplace Conference (held online), we presented our thoughts about the current state of marketplaces and also introduced some additional metrics we feel can help these companies find their way through this new economic normal—and keep pushing toward profitability. It’s not a scalable process in our experience.

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Metrics Company .Net Marketing 78

TechCrunch

MARCH 30, 2023

.” Whatever the right label is, these numbers aren’t kidding around: Six hundred percent growth since 2020 is awesome (although it would be good to know how it measures its growth — number of customers? Gross margins of 91% are SaaS-level returns, and 130% net revenue retention is beyond impressive. Number of projects?).

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Real Estate KPI Construction Marketing 252

TechCrunch

AUGUST 11, 2022

Investors are preparing for a time of going heads down, helping their existing portfolio companies that want to prioritize internal growth instead of raising more capital and rethinking their metrics of success. Ashley Bittner and Kate Ballinger, Firework Ventures. But the sector is now facing a downturn.

Survey 214

Survey Education Tourism Sustainability 214

ParkMyCloud

MAY 5, 2020

Tudip, Compute Engine Cost Optimization , April 15, 2020. Chris Parlette, How to Use Google Preemptible VMs to Get 80% Savings , March 24, 2020. . They apply automatically once your instance is online for more than 25% of the monthly billing cycle and can net you a discount of up to 30% depending on instance (“machine”) type.

Google Cloud 68

Google Cloud Cloud Storage Sustainability 68