Freshworks

28 statements across 4 episodes · 11 bullish · 1 bearish · 3 people on the record · first statement Jun 3, 2019 by Girish Mathrubootham · said 127 times in 32 episodes since 2018 · across every show →

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brought up most by Nathan Latka (90), Girish Mathrubootham (17), Neil Patel (4), Saravana Kumar (3), Anupreet Singh (3), Sarov Gupta (2), Kalyan Varma (2), Rajesh Jain (1)

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0055101020182019202020212022202320242025episodesmentions per episode
2025 3 mentions in 1 episode
2023 5 mentions in 2 episodes 3 per episode
2022 10 mentions in 8 episodes 1 per episode
2021 30 mentions in 6 episodes 5 per episode
2020 10 mentions in 3 episodes 3 per episode
2019 30 mentions in 3 episodes 10 per episode
2018 39 mentions in 9 episodes 4 per episode

every mention, scene by scene, with the transcript →

Everything said about Freshworks, oldest first

Jun 3, 2019 positive
Assertion Not checkable as stated
Mathrubootham: Over 150,000 businesses use Freshworks software across all products
“We have more than 150,000 businesses across all of our products using our software.”
Girish Mathrubootham Jun 3, 2019 ▶ 12:07 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019
Assertion Not checkable as stated
Mathrubootham: Average Freshsales Customer Pays Around $1,200 Annual Contract
“If you want to get started, you can get started at zero, but the average customer today faces I think around 1200 annual contract.”
Girish Mathrubootham Jun 3, 2019 ▶ 8:38 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 positive
Assertion Supported
Mathrubootham: Freshworks reached $100M ARR and a $1.5B valuation
“So we announced that we crossed a hundred million dollars of ARR and our valuation for the last funding round was around 1.5 billion dollars.”
Girish Mathrubootham Jun 3, 2019 ▶ 10:46 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 neutral
Assertion Not checkable as stated
Mathrubootham: Most Freshworks growth comes from new customer acquisition
“So, mostly new customers.”
Girish Mathrubootham Jun 3, 2019 ▶ 21:39 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019
Assertion Not checkable as stated
Mathrubootham: Freshworks Products Split Paid and Organic Leads 50/50 to 60/40
“We have 50, 50, 60, 40 kind of between paid and free or organic lead gen.”
Girish Mathrubootham Jun 3, 2019 ▶ 18:25 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019
Assertion Not checkable as stated
Mathrubootham: Freshworks Gets 65% of Revenue from SMBs, 35% from Enterprises
“So we have 65% of our revenue from SMB customers and 35% from what we call mid-market or large enterprise customers.”
Girish Mathrubootham Jun 3, 2019 ▶ 8:16 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 neutral
Assertion Not checkable as stated
Mathrubootham: Freshworks monthly SMB logo churn is around 2%
“So it's around it varies by product probably around, I would say two percent a month.”
Girish Mathrubootham Jun 3, 2019 ▶ 13:36 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 positive
Assertion Not checkable as stated
Mathrubootham: Freshworks products have a 15 to 16 month gross-margin payback
“Each one of our products operates at say 15 to 16 month way back on a gross margin basis.”
Girish Mathrubootham Jun 3, 2019 ▶ 20:22 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 bullish
Assertion Not checkable as stated
Mathrubootham: Freshworks has negative dollar-based churn driven by expansion
“Our dollar based churn is actually negative because of the expansion revenue.”
Girish Mathrubootham Jun 3, 2019 ▶ 13:44 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 bullish
Assertion Supported
Mathrubootham: Freshworks is growing at north of 40% year-over-year
“But we are growing at let's say, let me say, very, very healthy rates like north of let's say, north of 30 or 40? So, I'm just using it as a ballpark, north of 40.”
Girish Mathrubootham Jun 3, 2019 ▶ 21:12 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 neutral
Disclosure
Mathrubootham: Freshworks expansion is driven far more by seat count than plan tier upgrades
“So today our account based expansion is much larger than our plan based expansion.”
Girish Mathrubootham Jun 3, 2019 ▶ 16:43 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019
Assertion Contradicted
Mathrubootham: No Indian tech product company has completed an IPO
“There has been no product company from India that is actually IPO.”
Girish Mathrubootham Jun 3, 2019 ▶ 11:10 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019
Assertion Not checkable as stated
Mathrubootham: Most Freshworks Leads Are Inbound via SEO and SEM
“So we have very little outbound calling but like majority of our leads are inbound and primarily through SEO, SEM”
Girish Mathrubootham Jun 3, 2019 ▶ 18:11 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 3, 2019 neutral
Assertion Not checkable as stated
Mathrubootham: Under 5% of Freshworks Customers Use Multiple Products
“I think less than only five percent of our customers actually use more than one product.”
Girish Mathrubootham Jun 3, 2019 ▶ 6:51 1409 $1.5B Freshworks To IPO: Growing 40% YoY, Passes $100M in ARR, $250M Raised, 150,000 Companies Using
Jun 9, 2021
Assertion Not checkable as stated
Mathrubootham: Freshworks Operates at an LTV-to-CAC Ratio Around 3:1
“So it depends on each product, but we know the benchmark is three. So we are around that.”
Girish Mathrubootham Jun 9, 2021 ▶ 19:02 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021 positive
Assertion Not checkable as stated
Mathrubootham: Freshworks software is used by over 150,000 businesses
“So, so we have more than a 150,000 businesses across all of our products using our software.”
Girish Mathrubootham Jun 9, 2021 ▶ 10:45 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021 positive
Assertion Supported
Mathrubootham: Freshworks crossed $100M ARR at $1.5B valuation
“We announced that we crossed a hundred million dollars of ARR and our valuation for the last funding round was around 1.5 billion dollars.”
Girish Mathrubootham Jun 9, 2021 ▶ 9:24 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021 neutral
Disclosure
Mathrubootham: Freshworks Sees a 50/50 to 60/40 Paid Versus Organic Split
“We have 50, 50, 60, 40 kind of split between paid and free or organic lead gen.”
Girish Mathrubootham Jun 9, 2021 ▶ 16:49 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021 positive
Assertion Supported
Mathrubootham: Freshworks Is Growing Revenue North of 40%
“But we are growing at let's say, let me say very, very healthy rates like north of let's say 40%.”
Girish Mathrubootham Jun 9, 2021 ▶ 19:36 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021 positive
Assertion Not checkable as stated
Mathrubootham: Freshworks maintains negative net dollar churn via expansion revenue
“Yes, but our dollar based churn is actually negative because of the extraction revenue. So we have a very healthy expansion. So, which means our revenue churn is negative.”
Girish Mathrubootham Jun 9, 2021 ▶ 12:22 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021
Assertion Not publicly verifiable
Mathrubootham: Freshworks generates 65% of revenue from SMBs and 35% from enterprise
“So we have 65% of our revenue from SMB customers and 35% from what we call mid-market or large enterprise customers.”
Girish Mathrubootham Jun 9, 2021 ▶ 6:54 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021 neutral
Assertion Not checkable as stated
Mathrubootham: Under 5% of Freshworks customers use multiple products
“I think what we see as a very big opportunity for us is the fact that I think less than only five percent of our customers actually use more than one product.”
Girish Mathrubootham Jun 9, 2021 ▶ 5:29 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021
Assertion Contradicted
Mathrubootham: Most Freshworks Revenue Growth Comes from New Customers
“So mostly new customers.”
Girish Mathrubootham Jun 9, 2021 ▶ 20:03 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021
Assertion Not checkable as stated
Mathrubootham: Freshworks Products Target 15-to-16-Month Gross Margin Payback
“Each one of our products operates at say 15 to 16 month way back on a gross margin basis. That's what we try to be at, and with really LTV to CAC.”
Girish Mathrubootham Jun 9, 2021 ▶ 18:46 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021
Assertion Contradicted
Mathrubootham: No Indian software product company has completed an IPO
“There has been no product company from India that is actually IPO.”
Girish Mathrubootham Jun 9, 2021 ▶ 9:48 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Jun 9, 2021 positive
Disclosure
Mathrubootham: Freshworks mid-market customers expand from 40-50 to 200-500 seats
“And in our mid-market and large enterprise business, we see a lot of expand, land and expand. So companies that start with say, 40, 50 seats actually expand to 205 hundred, et cetera.”
Girish Mathrubootham Jun 9, 2021 ▶ 14:30 Prediction: Freshbworks IPO Coming Next Month? Founders Thinking in 2018
Sep 13, 2021 positive
Insight
Gupta: Indian SaaS unicorns create downstream sales talent for early startups
“India SaaS is now sort of starting to grow, you know, like there's some unicorns here and they train the people well, and we are lucky enough to, you know, find some of those people that they trained like Freshworks is a unicorn here. Charge, we recently began…”
Sarov Gupta Sep 13, 2021 ▶ 6:24 Linkedin Automation Tool Bootstrapped to $25k/mo From Parents Basement, Big Profits
Nov 23, 2022 negative
Assertion Not publicly verifiable
Latka: Under 6% of Freshworks users adopt more than two products
“Like he told me when I interviewed him, less than six percent of Freshworks total user base uses more than two products.”
Nathan Latka Nov 23, 2022 ▶ 15:27 How this pre-revenue SaaS startup raised $1m last week at a $5m cap
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