cloud Startups
2 case studies with real revenue and traction data from cloud startups.
TALIFI is a cloud-based SaaS tool that automates paperwork and routine business processes, helping companies reduce the 30% of the workday spent on approvals, forms, and follow-ups. Founded by Amit Kothari and his wife in 2014, the company has grown to $300K revenue in 2015 and surpassed that in the first seven months of 2016, with ~100-200 paying customers at an average of $39-40 per user per month. The founders have raised approximately $500K across government grants (Chile and Missouri) and accelerator investments (500 Startups, Alchemy) while maintaining significant equity control.
Carbon Black is a cybersecurity SaaS company that protects endpoints (laptops, desktops, servers) against advanced threats by monitoring device activity and enabling attack replay and remediation. Under Patrick Morley's 10+ year leadership, the company scaled from ~$100k ARR with 20 employees to nearly $200M ARR with 4,300 customers including 35-36 of the Fortune 100, having raised $191M before going public in May 2018. The company charges approximately $30 per device per year and has built a subscription model with strong retention focus, ultimately achieving a $1.57B market cap.