Celigo founder and CEO Jan Arendtsz discusses the company's early financial trajectory prior to raising institutional venture capital.
0:00 / 0:12exact quote · 12.3s
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“At that time, I think we were about four million in ARR, and my CTO and I had a conversation, and we knew the product that we had didn't really meet muster.”
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More from Jan Arendtsz
Disclosure
Arendtsz: Celigo is currently at roughly $92M in ARR
“To get to roughly about ninety-two million in ARR right now.”
Jan ArendtszJan 21, 2025▶ 1:41While Zapier Gets all the Press, Celigo Just Doubled Revenue to $95m, CEO Jan Arendtsz
PredictionNot checkable as stated
Arendtsz: Celigo aims to reach roughly $100M revenue by end of 2024
“So the goal is to be roughly around a hundred million by the end of.”
Jan ArendtszJan 21, 2025▶ 12:42While Zapier Gets all the Press, Celigo Just Doubled Revenue to $95m, CEO Jan Arendtsz
Disclosure
Arendtsz: Celigo has raised $72M in total primary capital
“So I think we've raised a total of seventy-two million in primary capital.”
Jan ArendtszJan 21, 2025▶ 1:34While Zapier Gets all the Press, Celigo Just Doubled Revenue to $95m, CEO Jan Arendtsz
Disclosure
Arendtsz: Celigo raised Series A at nearly 5x revenue multiple
“It was not a four X, it was almost a five X in our series A round.”
Jan ArendtszJan 21, 2025▶ 7:42While Zapier Gets all the Press, Celigo Just Doubled Revenue to $95m, CEO Jan Arendtsz
Disclosure
Arendtsz: Celigo received 5 to 10 Series B term sheets
“I'd been speaking to maybe 25, 30 investors at the time. Likely got term sheets from about five to 10. It really came down to the firm and the person who was gonna sit on the board.”
Jan ArendtszJan 21, 2025▶ 8:30While Zapier Gets all the Press, Celigo Just Doubled Revenue to $95m, CEO Jan Arendtsz
AssertionNot checkable as stated
Arendtsz: Celigo employee stock options remain above water post-Series C
“If you look at our employees' stock options, it's not underwater, and it means something.”
Jan ArendtszJan 21, 2025▶ 15:15While Zapier Gets all the Press, Celigo Just Doubled Revenue to $95m, CEO Jan Arendtsz
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