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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

.Net 233
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Why do SaaS companies with usage-based pricing grow faster?

TechCrunch

Subscription-based pricing is dead: Smart SaaS companies are shifting to usage-based models. Today we know of HubSpot — the maker of marketing, sales and service software products — as a preeminent public company with a market cap above $17 billion. The company struggled with poor churn and anemic expansion revenue.

Company 315
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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

Company 262
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How to grow a SaaS company efficiently in a recession

TechCrunch

With rising interest rates, there’s a new sheriff in town for all companies. And in this new environment in which interest rates are climbing, access to capital is diminished and investors are “fleeing from the riskiest companies,” meaning nascent companies are in an even more precarious position. Share on Twitter.

Company 241
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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.

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Magnets and water net Magnotherm $6.9M seed round to kill hazardous refrigerants

TechCrunch

Though it’s only a seed-stage company, the startup has already shipped five display coolers to beverage giant Coca Cola, TechCrunch+ has learned, and it’s on track to build another 55 that will be rented out for events. Magnets and water net Magnotherm $6.9M To capitalize on the opportunity, Magnotherm is announcing a seed round today.

.Net 228
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Avarni gets backing to help large enterprises hit their net-zero goals

TechCrunch

For a lot of companies, Scope 3 emissions make up the bulk of their carbon footprint, but are time-consuming and expensive for them to track. The Sydney-based startup helps companies […] © 2023 TechCrunch. As more regulation mandating Scope 3 reporting is passed, however, it is crucial for them to do so.

.Net 236