Andrew Yates, CEO of Artesian, breaks down the company's enterprise customer scale and client roster on Top Founders.
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“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.”
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More from Andrew Yates
PredictionNot checkable as stated
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.”
Andrew YatesMay 30, 2017▶ 11:52675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates
AssertionNot checkable as stated
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”
Andrew YatesMay 30, 2017▶ 14:39675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates
AssertionNot checkable as stated
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.”
Andrew YatesMay 30, 2017▶ 15:42675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates
PredictionDidn’t hold up
Artesian targets $10M to $15M run rate with 60 employees
“So it's 60 people. Our run rate this year will be in around about the 10 to fifteen million dollar range.”
Andrew YatesMay 30, 2017▶ 4:30675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates
AssertionNot checkable as stated
Artesian contract sizes range from $10,000 to over $2 million annually
“Our subscribers are paying anything from 10,000 dollars a year to over two million dollars annually is our largest contract.”
Andrew YatesMay 30, 2017▶ 4:48675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates
AssertionNot checkable as stated
Artesian has 68% of its annual ARR goal already under contract
“And about 68% of our ARR goal for next year or this year that we're in is currently already contracted.”
Andrew YatesMay 30, 2017▶ 5:03675: Would you acquire Mattermark? Artesian $700k MRR, $40M Raised w/ CEO Andrew Yates
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