Yates: 50% of Artesian's equity is institutionally owned
Andrew Yates · 675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates · May 30, 2017 · at 19:33
Andrew Yates, CEO of Artesian, discusses Artesian's cap table and responsiveness to potential acquisition offers.
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“50% of our of our equity is owned by an institution that's invested with an expectation they're going to see a return.”
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More from Andrew Yates
Yates: Sales intelligence consolidation is inevitable after D&B Avention deal
“I think that a market consolidation exercises is, is, is inevitable. If you look at the, you know, recent acquisition of invention by Dun & Bradstreet, I think that's going to create a little bit of a ripple effect.”
Artesian tracks a one-year CAC payback period on annual contracts
“We're tracking on, on around about one X in year one, which I, you know, I believe is, is, is world-class”
Yates: Artesian maintains around 89% average daily user engagement
“We're running at around about 89% average daily user engagement, which for a tool set or platform in our space is, is, is really, really high.”
Artesian serves 30,000 paying seats across 100 enterprise customers
“We're at about 30,000 paying subscribers, got over a hundred large enterprise customers companies like Cisco, Hewlett Packard Enterprise, NetApp, American Express, Lloyds, Barclays, HSBC, Ernst & Young, KPMG.”