This founder hit $90m ARR last week, took $30m secondary in last round for Document Management SaaS
SaaS Interviews with CEOs, Startups, Founders
Nathan Latka
4.6 • 702 Ratings
🗓️ 18 December 2022
⏱️ 23 minutes
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Summary
Metadata-driven document management platform.
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. |
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| 0:37.3 | Guys, mfiles.com. |
| 0:39.4 | They help you with document management. |
| 0:42.0 | They help you share files not only internally, but also with your customers so you can |
| 0:46.3 | collaborate together. |
| 0:47.5 | They've got over 5,000 paying customers, many of which or some of which pay over a million |
| 0:51.5 | dollars per year. |
| 0:52.3 | They've grown 25 to 30% year over year for the past several years, just breaking 90 million |
| 0:56.0 | bucks in ARR today up from 75 million a year ago when they closed their C. |
| 1:00.4 | 80 million, around 80 million USD. |
| 1:02.5 | He was nice enough to show that 30 million of that was secondary, which is great for liquidity |
| 1:05.6 | for early employees and investors. |
| 1:07.4 | Now 600 folks on the team as they look to build conservatively moving forward and break that $100 million run rate early next year. |
| 1:13.0 | Hey folks, my guest today is Ante Navala. He's the founder and CEO of a company called M Files, a global leader in information management management. |
| 1:19.6 | He started the MFiles business in Tampere, Finland, and currently lives in Austin, Texas. |
| 1:24.1 | The MFiles metadata-driven document management platform enables knowledge workers to instantly |
| 1:28.2 | find the right information in any context, automate business processes, and enforce information |
... |
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