Coveo

11 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Oct 2, 2018 by Louis Têtu · said 31 times in 2 episodes since 2018 · across every show →

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brought up most by Louis Têtu (16), Nathan Latka (11), Dan DiLoreto (4)

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Everything said about Coveo, oldest first

Oct 2, 2018
Assertion Supported
Têtu: Coveo has raised over $150M in total capital
“We've raised a little in excess of a hundred and fifty million to date.”
Louis Têtu Oct 2, 2018 ▶ 9:39 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018 neutral
Assertion Not checkable as stated
Têtu: Coveo has slightly over 1,000 customer installations
“We have about a thousand installations, a little more than a thousand actually mostly in the high tech sector, financial services, and manufacturing.”
Louis Têtu Oct 2, 2018 ▶ 4:11 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018
Assertion Partly supported
Coveo's founding team previously built Taleo, selling to Oracle for $2B
“The whole team here at Coveo, we built Taleo, which was bought by Oracle for about two billion. And we were a large SaaS player with about three hundred million of recurring revenue.”
Louis Têtu Oct 2, 2018 ▶ 15:27 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018 positive
Assertion Not checkable as stated
Têtu: Coveo maintains under 5% annual revenue churn across business lines
“We're at about I would say less than five percent depending on the lines of business. We have lines of business that are at about 2.2%. We have lines of business that are around five.”
Louis Têtu Oct 2, 2018 ▶ 13:19 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018
Assertion Not checkable as stated
Têtu: Coveo spends $1.20 to $1.70 per dollar of ACV
“We spend depending on our lines of business, we spend between a dollar 20 to a dollar 70 to acquire a dollar of a CV.”
Louis Têtu Oct 2, 2018 ▶ 18:39 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018
Assertion Supported
Têtu: Coveo powers Salesforce AppExchange and embeds in Adobe Photoshop
“We power the AppExchange you know, at Salesforce, and you know we're embedded within Adobe Photoshop, and you know, we power a lot of the self-service sites of a lot of the software companies.”
Louis Têtu Oct 2, 2018 ▶ 9:05 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018 positive
Assertion Not checkable as stated
Têtu: Coveo's annual net revenue retention rate is approximately 124%
“On a one-year basis, it's about 24% net of return.”
Louis Têtu Oct 2, 2018 ▶ 16:21 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018 bullish
Assertion Not checkable as stated
Têtu: Coveo averaged 158% 24-month net revenue retention over six years
“And net, net overall this is a number we've published, because that's the actual measurement we're at about, net of that churn, we're at about 158% over 24 a month on average for the past six years.”
Louis Têtu Oct 2, 2018 ▶ 13:50 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018 neutral
Assertion Not checkable as stated
Têtu: Coveo average contract value is around $200k ARR
“More around 200,000 ACV annual recurring revenue for the software.”
Louis Têtu Oct 2, 2018 ▶ 3:02 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018
Assertion Partly supported
Têtu: Coveo recently raised $125M from a Palo Alto investor
“We recently raised an additional one hundred and twenty five million from a large Palo Alto investor.”
Louis Têtu Oct 2, 2018 ▶ 5:07 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
Oct 2, 2018 bullish
Prediction Held up
Têtu: Coveo will pass $100M ARR very imminently
“We'll cross this and much more very imminently.”
Louis Têtu Oct 2, 2018 ▶ 8:10 1165 Coveo CEO: "We'll pass $100m ARR imminently" on $150m raised for AI powered search
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