Everything Guru Hariharan said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Boomerang Expects Double-to-Triple-Digit Growth Without Significant Additional Fundraising
“We think we have figured out a very good sweet spot where we can we can enjoy a double to even triple digit growth in in, in the coming years without having to really raise a lot of capital.”
Traditional Retail Merchandising Fails on Algorithmic Platforms Like Amazon
“The age old techniques that you as a consumer brand used to use to work with brick and mortar retailers like Target or Kroger just does not work. You need a machine to work with a machine called Amazon”
Boomerang Commerce Net Retention Exceeds 120% Excluding Bankrupt Retail Clients
“There are some customers that we've had in the retail market who've gone bankrupt. So if you sort of back them out, then it's way above a 120%.”
Boomerang Commerce Caps Annual Cash Burn at Net New ARR Added
“One of the tenets that we have in financial models for any year is our cash burn has to be, is equal to or lower than the new ARR, That we add that year.”
Boomerang Commerce Typical ACVs Range From $100K to $500K
“Well, typically our ARR, our ACVs are anywhere between a hundred K to 500 depends on the revenue, number of SKUs, and the complexity in their business, but that's a typical ACV.”
Boomerang Commerce Expanded US TAM From 400 Prospects to 5,000 Brands
“We were going after a target market of about three to 400 prospects in the US. And now we are we are chasing a time of over 5000 consumer brands in the US.”
Boomerang Commerce Surpasses $10 Million in Pure SaaS ARR
“We are over we are over ten million in ARR at this point.”
Boomerang Commerce Secured Enterprise Clients Like Staples, Best Buy, Home Depot
“And we were able to go out and win some very good deals and have some top tier customers like, say, Staples or Best Buy and Home Depot and Nordstrom and folks like that.”
Boomerang Commerce Consumer Brands Product Doubles Revenue Quarter-Over-Quarter
“Both of them are SaaS. The brands business, the consumer brands business, we've been doubling every quarter, but again, it's very early days. It's just the fourth quarter, the third quarter that we've been in business in the consumer brands business, but it's …”
Boomerang Commerce Customer Acquisition Cost Pays Back Within Roughly One Year
“Roughly our cost of customer acquisition is right around say it's paying back within a year, and we expect that to be better.”
Boomerang Commerce Has Raised Slightly Over $20M in Total Funding
“A little over twenty million.”
Boomerang Commerce Employs Roughly 80 Staff Across US and India
“We're currently about 80 FTEs spread between here and India. We've got our engineering center in India where our sales, marketing, customer success, finance, and GNA is all over here.”
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