iContact generated $20M ARR from 1,400 enterprise customers
Ryan Allis · 27 year old Founder exited for $169m at $50m ARR. How much cash did he take home at exit? · Apr 18, 2024 · at 15:16
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Ryan Allis, co-founder of iContact, breaks down customer volume and revenue splits between SMB and enterprise segments during the company's growth to $50M ARR.
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“So we had 68,000 SMB customers, 1400 enterprise customers. Now, if you do the math, it's about thirty million in SMB revenue, twenty million in mid-market or enterprise revenue.”
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