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I'd love some insight from the Algolia folks on what metrics it took to put this massive round together (esp considering the 2nd seed). Obviously, it means that
by pbiggar 11y ago
I'd love some insight from the Algolia folks on what metrics it took to put this massive round together (esp considering the 2nd seed). Obviously, it means that you had middling numbers for the 2nd seed that you've managed to turn into fairly substantial growth (congratulations!).
$2m ARR with 25% MoM growth?
- ndessaigne 11y agoThanks! Pretty good guess, you're close :)
- pbiggar 11y ago:) Can you give more specifics, esp around the monthly growth. The difference between 20% and 30% is pretty massive there!
- ndessaigne 11y ago30% on average in 2014, lower today. Sorry we don't disclose specifics (at least for now). Happy to share experience offline however.
- pbiggar 11y agoNo worries. Those are fantastic numbers, congrats!
- rokhayakebe 11y agoHow did you come up with $2M ARR, my usual assumption is a startup will raise what they expect to make the next 18 months. In this case that would be close to $1M Monthly Recurring.