As your business scales, it’s extremely important to make sure you have systems are in place that make it easy to transfer responsibilities seamlessly and communicate across teams. At the end of the day, you will only grow as fast as your systems will allow.
Alfresco is a digital business platform built to help businesses function quickly, seamlessly and intelligently. Their software is an open, modern, secure platform that intelligently activates process and content to accelerate the flow of business.
How much is Alfresco doing in MRR?
Alfresco is a pure-play SaaS business that charges its customers on an annual basis. Playing in the enterprise space, the average customers pays them more than $200k annually at this point in time.
With 1,370 total customers and millions of users, Alfresco is now north of $100M in annual revenue, CEO Bernadette Nixon explained. The company is in a growth phase right now and is currently growing revenue 50% year over year.
What is Alfresco’s CAC?
Being in a growth phase, Alfresco is being somewhat aggressive with their customer acquisition cost today. Nixon confirmed that the company is open to spending between $1.60 and $2 to land a new dollar of ARR.
Expansion revenue has been a huge source of growth for Alfresco to this point. Nixon explained that the company focuses heavily on upselling newly launched products every year and is well north of 100% in terms of net revenue retention annually.
How much has Alfresco raised?
Launched in 2005, Alfresco has raised $92M in total outside before bringing on private equity in a secondary offering. Alfresco’s team of 350 employees is headquartered in San Mateo and the U.K.