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TOP FOUNDERS Assertion Not publicly verifiable
Levin: SEMrush net retention tops 100%, a rarity for SEO tools
“So so that's slightly above hundred percent, which is yet again, really unseen in our industry.”
Eugene Levin Nov 9, 2018 ▶ 19:20 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Prediction Partly held up
Eugene Levin expects SEMrush to pass $80 million ARR in 2018
“I need to check the model, but yeah.”
Eugene Levin Nov 9, 2018 ▶ 21:06 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Supported
Levin: SEMrush Left Its Entire $40M Funding Round on Balance Sheet
“We raised some money, but frankly speaking, we didn't touch You know, this round. It's pretty much all on the balance sheet.”
Eugene Levin Apr 14, 2020 ▶ 2:45 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Partly supported
Levin: SEMrush net revenue retention is over 100%, much higher for 50+ employee firms
“In general, we are above a hundred percent. Okay. And then we also do segmentation like you know, if customers Work in a company with more than 50 employees, then it will be way, way higher than a hundred percent.”
Eugene Levin Apr 14, 2020 ▶ 23:29 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Not publicly verifiable
Levin: SEMrush counts 25 percent of the Fortune 500 as customers
“We have seven out of top 10 world biggest advertisers. We have 25% of Fortune, 500.”
Eugene Levin Nov 9, 2018 ▶ 4:56 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush outspent all search niche competitors on Google AdWords
“We started spending a lot of money on on AdWords to the point where we realized we already spending more than any other company in this niche.”
Eugene Levin Nov 9, 2018 ▶ 12:28 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush traffic analytics is among its fastest-growing product lines ever
“Our traffic analytics product. We, we've been building it for two, three years. It's extremely complicated technology. So it took us quite a while to get everything running. But now it's actually one of the fastest growing product lines that we ever had.”
Eugene Levin Apr 14, 2020 ▶ 10:41 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Supported
Levin: SEMrush has over 5 million registered users
“We have over five million registered users and then, yeah, paying customers would be relatively small percentage of total registered users.”
Eugene Levin Apr 14, 2020 ▶ 11:19 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Supported
Levin: SEMrush Has Over 40 Products in Its Portfolio
“Over 40 right now.”
Eugene Levin Apr 14, 2020 ▶ 13:42 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush revenue per customer grew 6-7x since 2008
“If you look back, you know, to 2008, I think comparing to the first version of the product that we had our revenue per customer increased more than six times, probably closer to seven times. after I joined, you know, I want to say almost doubled.”
Eugene Levin Apr 14, 2020 ▶ 14:01 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush has over 200 product staff with ~75% writing code
“So in product department overall, we have more than 200 people. Now, out of them, how many write code? Probably 75%.”
Eugene Levin Apr 14, 2020 ▶ 19:45 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Not publicly verifiable
Levin: SEMrush has enterprise customers paying over $100k annually
“We have customers who pay more than a 100,000 per year.”
Eugene Levin Apr 14, 2020 ▶ 20:05 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Supported
Levin: SEMrush employs 800 people and is cash flow positive
“I mean, you see, we have 800 people and we are cash flow positive.”
Eugene Levin Apr 14, 2020 ▶ 25:37 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Supported
Levin: SEMrush is still largely founder-owned and founder-managed
“We we're still business that largely owned by founders, managed by founders and, you know, team of people who they assembled over, over time.”
Eugene Levin Apr 14, 2020 ▶ 28:51 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Not checkable as stated
Levin: Most SEMrush subscriptions cost less than $200 per month
“Majority of our subscriptions are still In you know, a little bit below 200 per month.”
Eugene Levin Nov 9, 2018 ▶ 4:23 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush enterprise accounts are approaching $500,000 per year
“We have huge accounts that, that I approach in half a million per year.”
Eugene Levin Nov 9, 2018 ▶ 4:48 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Supported
Levin: SEMrush has up to 50,000 paying customers and 2 million users
“So we have a more than two million users, adding a lot of new users every month in terms of paying customers. It's Let's say between 30 and 50,000.”
Eugene Levin Nov 9, 2018 ▶ 7:56 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Not checkable as stated
SEMrush hit 40% EBITDA margins and one-month CAC payback before Levin joined
“Company was growing back, back then more than 60% year over year 40% EBITDA margin and one month customer acquisition cost recovered.”
Eugene Levin Nov 9, 2018 ▶ 10:43 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush recovers its customer acquisition costs in five to six months
“And we are still recovering in five to six months.”
Eugene Levin Nov 9, 2018 ▶ 11:25 1203 SEMRush to hit $80m ARR This Year, Here's How
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush Operates Over 15 Freemium Conversion Funnels
“I mean, we have more than 15 different, different funnels.”
Eugene Levin Apr 14, 2020 ▶ 13:29 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Not checkable as stated
Levin: SEMrush employs roughly 60 quota-carrying sales representatives
“So we have, I think roughly around 60, , I would say.”
Eugene Levin Apr 14, 2020 ▶ 20:19 1725 SEMRush Broke $100m in Revenues in 2019
TOP FOUNDERS Assertion Supported
SEMrush was a side project for four years before founders fully committed
“So the first version was in 2008. But till 2012, it was more like a hobby. Not, you know, not a serious business, and they used to have other businesses. And only 2012, they like really realized that SEM rush on its own is probably going to be bigger than ever…”
Eugene Levin Nov 9, 2018 ▶ 5:41 1203 SEMRush to hit $80m ARR This Year, Here's How
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