article thumbnail

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). We call ourselves a net retention engine, and there’s nothing out there that really focuses on that as a specific goal,” he said. Today, the company announced a $5.2

.Net 233
article thumbnail

Scientists repeat breakthrough fusion experiment, netting more power than before

TechCrunch

The fact that scientists have achieved net-positive fusion power twice should hearten investors , who bet over $4 billion on the industry in 2021 and 2022. While the most recent experiment won’t garner quite as many headlines as the one in December, it’s just as important. A breakthrough is meaningless if it can’t be replicated.

.Net 237
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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

TechCrunch

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.). As a result, net losses have expanded as it prepared for production of the R1T pickup truck and R1S SUV. Underwriters also had an option to buy up to 20.25

.Net 248
article thumbnail

Nerdy, a tutoring marketplace startup, is going public via SPAC

TechCrunch

That growth rate is slower than what it managed in 2019, some 26% growth, and is around half of what it anticipates for 2021, namely 31% growth. But Nerdy has even stronger projections for 2022, a year in which it expects to drive revenues of $198 million, up 43% from its 2021 expectation of $138 million. 2021: A SPAC odyssey.

article thumbnail

YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Founded in : 2021. Founded in : 2021. Founded in : 2021. Founded in : 2021. Founded in : 2021. Founded in : 2021. Here we list the startups in alphabetical order, providing more details about each of them, as well as context around what they are building and why YC is backing them. beU delivery.

.Net 228
article thumbnail

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. Berlin’s Kaiko Systems nets €2M to help maritime technical operations go paperless by Rita Liao originally published on TechCrunch.

.Net 199
article thumbnail

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

TechCrunch

The company boasts 85,000 active hosts and 160,000 active vehicle listings in over 7,500 cities as of September 30, 2021. In 2020, Turo generated net revenue of $149.9 Net losses were $97.1 million in net losses it had in 2019. In 2021, sales and losses skyrocketed. Its net losses also expanded as well.

Company 262