The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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iCIMS exited 2017 with over $160M in annual recurring revenue
“We exited 20 17 over a hundred sixty million ARR. So the annual recurring run rate was over a hundred sixty million at the exit of 2017.”
Talent software is a $7.5B market, but recruitment advertising is $15B
“So our market, if you kind of add up all the software, it's about a 7.5 billion dollar market, but tangential to is a fifteen billion dollar recruitment advertising market.”
iCIMS is the second largest standalone talent software provider behind Oracle
“We're the largest standalone provider. We're actually number two to Oracle, who bought a company called Taleo”
iCIMS serves 3,500 customers, closing in on Oracle Taleo's 5,000-plus
“We're about 3500 customers. I would guess that they're probably north of 5000 customers, but we are growing rapidly.”
iCIMS has secured enterprise customers like Microsoft, Amazon, and Intuit
“We've been signing some very large companies, you know, the Microsofts, the Amazons, the Intuits, et cetera.”
iCIMS doubled its average monthly customer spend to $5,000 in two years
“Yeah, we have probably gone from two years ago that the average company paying us 2000 a month to, I would guess, and again, I'm spitballing a little bit here, but I would say in that sort of 5000 a month, four to 5000 a month now.”
iCIMS is targeting over $200M in annual recurring revenue exiting 2018
“Ah, you're in the ballpark. We're looking to certainly go over too.”
iCIMS serves slightly over 3,500 enterprise customers
“So we're a little north of about 3500 companies.”
Day: iCIMS pricing ranges from $500 to six figures monthly
“It can start as low as, you know, call it 500 a month, and it can go up to six figures a month.”
iCIMS funded its first two years with $2.5M in debt
“It was sort of bridged as needed. I would call up and get the cash, and it was to the tune overall, over about two years, about two and a half million dollars.”
iCIMS typically breaks even on customer acquisition by year two
“We have taking the return of the CAC plus the CLTV, we typically break even on a deal in year two.”
iCIMS's average contract size is around $30,000 per year
“When you average it all out, I would say that right now it's probably about 30,000 a year.”