Maropost acquired Neto in 2020 and Retail Express in 2021
Ross Paquette · Bootstrapped Maropost Hits $60m Revenue, 52% Profits, Doing $1.7b Secondary Right Now · Apr 17, 2022 · at 7:43
Ross Paquette, founder and CEO of Maropost, discusses the company's product strategy and M&A acquisitions with Nathan Latka.
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“So we acquired a company out of Australia called Neato back at the end of. 20 20. So right in the thick of COVID. And then acquired another coincidentally Australian business as well at the end of 2021. Clearly we have an affinity for Christmas deals. And that was in the point of sale space called retail express.”
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More from Ross Paquette
Maropost is executing a secondary round at a $1.7B valuation
“So I'm not even sure if I should share this, but we're doing a secondary round at a 1.7 billion dollar valuation.”
Maropost's net dollar retention will exceed 150% this year
“Yeah, well this year will be well above a 150%.”
Ross Paquette Is Strongly Against Raising Venture Capital
“It wasn't like we had to go out and raise capital. I'm very much against that process. The focus has always been to just, you know, kind of grow by a customer acquisition, not acquisition.”
Maropost will likely finish 2022 just shy of $100M ARR
“Just shy of it actually. Sorry. Yeah, just shy of it most likely.”