The Ledger
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Showpad crossed $30 million in ARR
“Yeah, thirty million in ARR. Yeah, we crossed that. Mark end of the year.”
Showpad Achieved 130% Net Revenue Retention Last Year
“And that retention is 130% or was a 130% now last year.”
Showpad has 1,000 paying B2B customers in 50 countries
“We're focused on B to B, a thousand customers in about 50 countries.”
Showpad ACV is roughly $30k with upfront annual contracts
“Our ACV right now is, is about a 30 K. So 30,000 dollars a year. Yeah. We're working with annual contracts. It's paid up front.”
Showpad has three enterprise customers paying over $1 million annually
“We have now Three customers who are over a million per year. We have a couple of customers in the 500 K, 600 K range per year.”
Showpad grew revenue 70% to 75% year over year
“We've grown the business about 70, 75% year over year.”
Showpad relies entirely on direct sales and uses no resellers
“Our biggest channel is just direct sales. We do all of our sales is directly. We don't have resellers.”
Showpad Sets Enterprise AE Quotas at $1M and Mid-Market at $600K
“Full quota for, at Showpad and Enterprise will be around a million for enterprise sales, and will be around 600 K for mid-market.”
Showpad Operates at an LTV to CAC Ratio of 4:1
“Our, you know, what is it? CAC over or LTV over CSC is about four ratio of four.”
Showpad's CAC Payback Period Averages 1.5 to 2 Years
“Average across Showpad, it's about, it's close to two years, so it's in the one and a half to two year range.”