PALO ALTO, Calif.–(BUSINESS WIRE)–Jul 19, 2022–
Databook, a revenue technology company, today shared several significant company achievements that reflect outstanding midyear momentum.
Chief among these achievements is Databook’s ongoing exponential revenue growth. Since securing its Series B funding earlier this year, the company has continued its rapid upward trajectory with Annual Recurring Revenue (ARR) growth of 177% YoY—putting Databook on track to achieve a fifth consecutive year of 3x growth. Additionally, the company has a net revenue retention (NRR) in excess of 250% YoY. These figures illustrate Databook’s increases in both marketshare and customer satisfaction.
Another key driver of Databook’s forward momentum is the announcement of several critical company leadership promotions over the last six months. Internally, Katherine Lovelace has been promoted to VP, Customer Strategy, and Grace Peterson has been promoted to VP, Finance & Operations. Both women have worked with Databook for multiple years and contributed greatly to the company’s successes.
“This kind of internal upward mobility shows that Databook invests in its employees, just as we invest our effort in helping to build the company,” says Katherine Lovelace. “Personal and professional growth is a core part of our culture and values.”
Databook has also hired four new executive leaders since the start of the year. Chris Kitching came on board most recently in June as the company’s CFO, bringing over 30 years of industry experience to bear as he now oversees guidance of Databook’s financial operations. Tamar Shor joined the company in January as SVP of Product, bringing over 25 years of proven technology leadership to guide product development, strategy, and roadmap. Steve Letourneau joined the company in February as SVP Sales, Americas. Steve has over 15 years of experience leading enterprise sales teams. Finally, Kassidy Bird was hired in February as Databook’s new Head of Marketing. In this role, she applies more than a decade of experience successfully scaling enterprise businesses to drive demand and further establish Databook’s market leadership.
Databook’s 2022 hiring spree extends beyond leadership roles. Q1, in fact, was a record hiring interval, showing an impressive 370% YoY growth in headcount globally. The company continues to hire rapidly for integral roles, with more than 34 active openings listed online.
While many of the company’s 150+ employees work in remote or hybrid capacities, Databook also moved to a new office headquarters in Palo Alto in recent months, expanding its in-person footprint by 4x. To serve its worldwide teams, the company opened new offices in both Netherlands and Mumbai, with additional facilities planned to open in the near future.
“Databook’s significant growth across so many areas says a lot about the caliber of our team,” said Neil Smith, CTO. “Our employees are translating tremendous technological, business, and industry expertise into innovative products that positively impact sales outcomes for our customers, every day.”
“I’m excited to celebrate these milestone achievements with such a dedicated group,” said Anand Shah, CEO of Databook. “Our continued momentum and explosive growth indicates that the business is on track and that we are building a reputation for excellence amongst our customers. We are truly reshaping the future of enterprise sales.”
Databook is the world’s first AI-powered enterprise customer intelligence platform. Dubbed “Moneyball for Sales,” Databook was founded in 2017 to give enterprise sales representatives and go-to-market teams a differentiating advantage. Today, leading enterprise companies such as Microsoft, Salesforce and Databricks use Databook to help their teams engage as experts – improving the buying experience for customers and accelerating revenue acquisition.
View source version on businesswire.com:https://www.businesswire.com/news/home/20220719006099/en/
CONTACT: Kassidy Bird
Head of Marketing
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: SOFTWARE INTERNET FINANCE ARTIFICIAL INTELLIGENCE DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY FINTECH
Copyright Business Wire 2022.
PUB: 07/19/2022 03:46 PM/DISC: 07/19/2022 03:47 PM
Copyright Business Wire 2022.