Coro Breaks $25m ARR, Hits $600m Valuation Growing 300% YoY in CyberSecurity for Mid Market Space

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 1 August 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

$600m Deal Closes: This SaaS Sold 12.5% for $75m as it hit $3.1m in June revenue ($36m ARR). They only use 3 growth motions.

Transcript

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0:00.0	You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.
0:10.2	If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews, and if you want to sort through them quickly by revenue or churn, KAC, valuation, or other metrics,
0:22.2	the easiest way to do that is to go to Gitlatka.com and use our filtering tool.
0:26.7	It's like a big Excel sheet for all of these podcast interviews.
0:29.7	Check it out right now at GitLatka.com.
0:34.7	Quiro is all-on-one cyber security folks.
0:37.8	They'll help you get up to speak quickly.
0:39.0	Serving over 13,500 mid-market customers.
0:42.0	They just broke $18 million in AR as at the end of 2022,
0:46.4	hoping to 300% grow that 300% this year,
0:49.6	which means they would need to add about,
0:51.2	was that about $36 million of new AR?
0:53.4	He says they're on track to do that.
0:54.5	They just raised another Series C plus, we'll call it, $75 million at around a $600 million
0:59.8	valuation.
1:00.5	His team is growing, a lot of talent, 297 folks with concentration up there in Chicago
1:04.8	as they look to continue to scale across their three E channels.
1:08.7	Hey, folks, my guest today is Dror Lewer.
1:11.0	He is a serial entrepreneur and investor who took two companies public, sold three,
1:14.5	and is now building the world's fastest growing cybersecurity company at Corro.
1:18.1	net.
1:18.7	It's an enterprise-grade cybersecurity for the mid-market.
	...

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