Darren Guccione

CEO and Co-Founder, Keeper Security · 1 appearance on the record.

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founderexecutiveengineerLinkedIn ↗keepersecurity.com ↗

Guccione co-founded and leads Keeper Security, a cybersecurity company delivering password management and privileged access management software globally. Earlier in his career, he was a co-founder and Chief Financial Officer of Apollo Solutions and worked as an industrial engineer and CPA.

12statements → 10claims → 3claims resolved → 100%fully supported → 4/5average certainty → 1.08/5average debate potential →

3 supported 0 partly supported 0 contradicted 7 not checkable as stated how the 10 claims stand · each chip opens the sources

10 assertions · 2 disclosures · every statement was checked. The predictions and assertions are the 10 claims: statements the public record can support or contradict. 3 are resolved, and 7 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Darren argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported

Guccione: Launching enterprise product drove Keeper Security's 5x growth

“In the past couple of years, we've, Really almost quintupled the size of our business. We were roughly 35 people, and we decided to launch our B to B and enterprise business, and that has really driven a lot of the growth”

Darren Guccione Sep 15, 2019 ▶ 7:07 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

What they said12 Episodes1

Everything Darren Guccione said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Assertion Not checkable as stated

Guccione: Keeper Security has over 15 million global users

“We've got over fifteen million people globally using our application.”

Darren Guccione Sep 15, 2019 ▶ 1:35 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Not checkable as stated

Guccione: Over 50% of new Keeper B2B accounts expand within six months

“It would be, I'll say it's over 50%. Of the accounts that you sign up will start expanding, adding more employees to the platform or buying additional services.”

Darren Guccione Sep 15, 2019 ▶ 12:45 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Not checkable as stated

Guccione: Keeper Security amassed several thousand business customers in two years

“We began selling the business product about two years ago and have amassed, you know thousands, just several thousand over the past couple of years.”

Darren Guccione Sep 15, 2019 ▶ 1:43 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Supported

Guccione: Launching enterprise product drove Keeper Security's 5x growth

Darren Guccione Sep 15, 2019 ▶ 7:07 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Disclosure

Guccione: Keeper Security is fully bootstrapped with no outside investment

“Yeah, we haven't raised any outside investment capital yet, so this was bootstrapped, and I seed funded the company”

Darren Guccione Sep 15, 2019 ▶ 8:03 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Not checkable as stated

Guccione: Keeper Security generates high profit margins

“No, no, we're we make Really high profits. Yeah. We're a profitable business.”

Darren Guccione Sep 15, 2019 ▶ 8:20 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Not checkable as stated

Guccione: Keeper Security sees 90-92% annual retention on consumer plans

“On the consumer side, our churn is right around eight percent. No, so we charge annual recurring subscription. So we do not do monthly subscription plans. We only do annual. So we have about a 90 to 92%, you know, retention.”

Darren Guccione Sep 15, 2019 ▶ 11:27 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Not checkable as stated

Guccione: Keeper Security achieves 90%+ renewal rates in SMB channel

“And we see about the same in the SMB channel as well. So, you know, 90 plus percent renewal rates.”

Darren Guccione Sep 15, 2019 ▶ 11:46 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Disclosure

Guccione: 85% of Keeper Security's Business Is SMB

“85% of our business is to SMB.”

Darren Guccione Sep 15, 2019 ▶ 13:57 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Not checkable as stated

Guccione: Keeper Security adds thousands of global users daily

“We, thousands of users a day are being added to the platform globally.”

Darren Guccione Sep 15, 2019 ▶ 0:58 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Supported

Guccione: Keeper Security charges SMBs $30 to $45 per user annually

“So we'll start at 30 for, you know, really SMBs. And then if you need more advanced provisioning tools, you know, things like active directory, more sophisticated architectures, we'll pay 45 dollars per user per year.”

Darren Guccione Sep 15, 2019 ▶ 4:02 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Assertion Supported

Guccione: Keeper Security has scaled to approximately 140 employees

“Today it's about one 40.”

Darren Guccione Sep 15, 2019 ▶ 7:05 1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually

Appearances (1)

Episode	Date	Speaking time
1513 KeeperSecurity is Profitable, Churning 8-10% of Revenue Annually	Sep 15, 2019	11m

Darren Guccione

The record, in short

Their most notable supported claim

Appearances (1)

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