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Sendinblue Achieves Centaur Status; Targets $1B ARR by 2030

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Thursday, January 19, 2023

Martech, Trust, Centaur, Series, WhatsApp, BDC, Automation, WordPress, Marketing, Growth, Super Mario, Shopify, Software, TSR, CRM, ARR, Software company, Sales, Renewable energy, Sendinblue

SEATTLE, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Sendinblue, the leading all-in-one digital marketing platform for small to medium-sized businesses, announces it has surpassed $100 million in Annual Recurring Revenue (ARR), reaching the exclusive centaur status that only about 160 private companies in the cloud industry, worldwide, have achieved—all while staying EBITDA-positive. The highly coveted status comes on the heels of the company’s 10 year anniversary. To date, Sendinblue has raised $196 million with a Series B funding round in October 2020 of $160 million, which marked the highest fundraising round for any all-in-one marketing platform in the U.S. and Europe at that time. Since the Series A funding round in 2017, the company has multiplied 10x its revenue from $10M ARR to $100M ARR over the past five years.

Key Points:

The highly coveted status comes on the heels of the company’s 10 year anniversary.
Since the Series A funding round in 2017, the company has multiplied 10x its revenue from $10M ARR to $100M ARR over the past five years.
“At the decade mark, Sendinblue is extremely proud of reaching this significant milestone especially in today’s chaotic tech economy.
According to Vantage Market Research , the Global Customer Relationship Management Market size is forecast to reach $106.6 Billion by 2028.

ThriveCart Secures $35M Investment to Help E-commerce Entrepreneurs and Creators Grow Their Businesses Faster

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Wednesday, January 18, 2023

Tax, Marketing, Growth, Super Mario, LTV, Software as a service, Santa Fe International Folk Art Market, 2018 New Year Honours, Online shopping, Renewable energy, McKeand

AUSTIN, Texas, Jan. 18, 2023 /PRNewswire/ -- ThriveCart, the leader in shopping cart, sales funnels and educational course creation technology used by small and medium businesses worldwide, today announced it secured a $35 million investment from LTV SaaS Growth Fund. ThriveCart also named e-commerce industry veteran Kevin McKeand as CEO.

Key Points:

Josh Bartlett, ThriveCart founder, will continue to drive product innovation, championing the company's focus on providing growth tools for ThriveCart customers.
E-commerce businesses that sell digital products rely on ThriveCart to create high-converting content, cart pages, funnels and affiliate campaigns.
Being surrounded by people who share the same passion for helping entrepreneurs grow their businesses is what propels us forward," said McKeand.
ThriveCart currently supports tens of thousands of businesses that collectively processed more than $1 billion in sales in 2022.

iBynd's Embedded Platform Powers Appalachian Underwriters' Digital Offering of Cowbell Cyber Insurance

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Tuesday, January 17, 2023

AUI, API, Digital, Documentation, Insurance, More Cowbell, History, Super Mario, Sale, Cowbell, Online shopping

ENGLEWOOD CLIFFS, N.J., Jan. 17, 2023 /PRNewswire/ -- Appalachian Underwriters, Inc. (AUI) and iBynd have teamed up with Cowbell Cyber, Inc. (Cowbell) to offer independent agents immediate ability to digitally rate, quote, and bind Cowbell's cyber insurance. Powered by iBynd's proprietary, embedded insurance platform, AUI's agents can deliver Cowbell's standalone cyber insurance policies to customers in as little as 5 minutes with only one authentication step. The combined effort delivers quick, easy access to coverage for small and midsize businesses (SMBs) who are time-strapped and want coverage and proof of insurance at the point-of-sale.

Key Points:

Powered by iBynd's proprietary, embedded insurance platform, AUI's agents can deliver Cowbell's standalone cyber insurance policies to customers in as little as 5 minutes with only one authentication step.
The iBynd, Cowbell and AUI collaboration empowers agents to rate, quote and bind Cowbell policies from the AUI portal.
"This latest solution from iBynd increases our suite of offerings through their platform, extending our agents' ease of access to standalone cyber insurance through Cowbell," said Dakota Stiles, Digital Enablement Manager at AUI.
Embedded with just a few lines of code, iBynd's platform boasts built in integrations crafted through careful collaboration between iBynd, AUI, and Cowbell.

IT Ally Launches SMB Modernize™ in Partnership with CAST to Accelerate Application Modernization, Increase Enterprise Value and Reduce Risk

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Tuesday, January 17, 2023

CAST, Allied Irish Banks, SMB, Partnership, Private, Super Mario, Fastest, Risk, Intelligence, Architecture, Risk management

SMB Modernize™ includes a comprehensive set of services enabled by CAST , the software intelligence category leader, that can see inside custom applications with MRI-like precision, automatically generating intelligence about their inner workings.

Key Points:

SMB Modernize™ includes a comprehensive set of services enabled by CAST , the software intelligence category leader, that can see inside custom applications with MRI-like precision, automatically generating intelligence about their inner workings.
This allows SMBs and their investors to gain a complete view of risk and the modernization opportunity.
"Custom-built applications provide a competitive advantage to SMBs and run their critical business processes but could be overwhelming to keep up to date.
Their vast experience of technology challenges enables them to leverage software intelligence insights to help their clients make informed decisions and reduce risk while accelerating application modernization."

PasswordManager.com Survey Reveals 60 Percent of Small and Midsize Businesses Were Victims of Phishing Scams in 2022

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Tuesday, January 17, 2023

SMB, HR, Super Mario, Online shopping

MOUNTAIN VIEW, Calif., Jan. 17, 2023 /PRNewswire-PRWeb/ -- PasswordManager.com, a dedicated resource for password security and internet safety, has published a recent survey report that examines the impact of phishing on small and midsize businesses (SMBs). The study also shares insight into the financial implications of phishing scams. The survey generated responses from 1,659 executives and HR managers at SMBs.

Key Points:

Survey results indicate that six in 10 respondents know at least one employee who fell victim to a phishing scam in 2022.
According to the report, 39 percent of the SMBs that fell prey to phishing in 2022 lost $100,000 or more.
Furthermore, 73 percent of respondents say phishing scams have had a "very negative" or "somewhat negative" impact on their business this year.
This survey was commissioned by PasswordManager.com and conducted online via the survey platform Pollfish from December 21 to 23, 2022.

Sayata Deepens Technology Expertise With New Vice President of R&D

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Tuesday, January 17, 2023

SMB, Transport, Insurance, Via, Engineering, Software engineer, Super Mario, Pasiphilodes sayata, Management

BOSTON, Jan. 17, 2023 /PRNewswire/ -- Sayata, the leading marketplace for insurance brokers and carriers to easily scale their SMB portfolios, announced Shachar Gidron joined the organization as VP R&D.

Key Points:

Mr. Gidron will oversee the technological vision and development at Sayata, guiding the technology team in further innovating the leading digital distribution platform built for insurance brokers.
At Via, he built the sales-engineering department from the ground up, providing product and technology scoping to the global sales teams.
Sayata is already alleviating the often time-consuming work of finding and purchasing business insurance.
This approach will be crucial as we continue to help insurance professionals more efficiently find and secure insurance for SMBs."

ShipLinx is recognized as an "Acumatica-Certified Application" by the cloud ERP company

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Tuesday, January 17, 2023

Cloud, ACA, Super Mario, Acumatica, Software, ERP, TMS

SCOTTSDALE, Ariz., Jan. 17, 2023 /PRNewswire-PRWeb/ -- RateLinx, top enterprise-quality TMS made for SMBs and Gartner top-ranked TMS solution, today announced that its software has been recognized as an Acumatica-Certified Application (ACA). Acumatica, the world's fastest-growing cloud ERP company, was recently recognized by customers for its positive relationships and usability, leading to 10 No. 1 rankings in G2 Business Software and Services 2022 reports.

Key Points:

Acumatica, the world's fastest-growing cloud ERP company, was recently recognized by customers for its positive relationships and usability, leading to 10 No.
Acumatica is a comprehensive, browser-based Cloud ERP solution optimized for ease of use, adaptability, mobility, speed, and security.
The ACA title highlights outstanding development partners whose applications have met the highest standards set for Acumatica integration and functionality.
To become an Acumatica-Certified Application, RateLinx has demonstrated commitment to quality by passing the Acumatica software test and aligning to future Acumatica roadmap releases.

Scaling eCommerce Should Not Crash eCommerce; SMBs Need a Platform That Grows With Them

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Tuesday, January 17, 2023

SAN FRANCISCO, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Entrepreneurs understand the risks associated with creating an eCommerce business in a fiercely competitive, virtual marketplace. Still, the excitement of creating a brand voice that can be heard above the digital din urges them forward. Mikel Lindsaar, founder and CEO of StoreConnect, explains, "SMBs are ready to enter the global marketplace. They work very hard to compete and have no time to waste setting up a website and customer service management system while coordinating orders, inventory, and payments. Often, they experience sudden growth, yielding volume exceeding introductory plans on the platforms that launched them." Lindsaar cautions SMBs, "These basic platforms can no longer scale with your burgeoning business and see your company as just another $20-per-month customer. Costs add up, and the necessity of moving to a larger platform creates frustration, along with wasted time and money."

Key Points:

Most eCommerce platforms are set up to operate on a set scale and stay that way without an eye toward future expansion.
Mikel Lindsaar, founder and CEO of StoreConnect, knows that SMBs need a scalable eCommerce 3.0 platform that provides a single source of truth to promote sustainable growth.
Mikel Lindsaar, founder and CEO of StoreConnect , explains, "SMBs are ready to enter the global marketplace.
Costs add up, and the necessity of moving to a larger platform creates frustration, along with wasted time and money."

Marketing Automation Market Size to Reach USD 13.32 Billion in 2030 | Emergen Research

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Monday, January 16, 2023

VANCOUVER, BC, Jan. 16, 2023 /PRNewswire/ -- The marketing automation market size reached USD 4.62 Billion in 2021 and is expected to register a CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research .

Key Points:

VANCOUVER, BC, Jan. 16, 2023 /PRNewswire/ -- The marketing automation market size reached USD 4.62 Billion in 2021 and is expected to register a CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research .
The rising trend of organizations to optimize spending in marketing is creating high demand for marketing automation in recent years.
As organizations look to optimize spending in marketing, they are increasingly turning to marketing automation tools to help them streamline and measure their marketing efforts.
The marketing automation market is expected to register a CAGR of 12.5% over the forecast period and revenue is projected to increase from USD 4.62 Billion in 2021 to USD 13.32 Billion in 2030.

Marketing Automation Market Size to Reach USD 13.32 Billion in 2030 | Emergen Research

Retrieved on:

Monday, January 16, 2023

VANCOUVER, BC, Jan. 16, 2023 /PRNewswire/ -- The marketing automation market size reached USD 4.62 Billion in 2021 and is expected to register a CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research .

Key Points:

VANCOUVER, BC, Jan. 16, 2023 /PRNewswire/ -- The marketing automation market size reached USD 4.62 Billion in 2021 and is expected to register a CAGR of 12.5% during the forecast period, according to latest analysis by Emergen Research .
The rising trend of organizations to optimize spending in marketing is creating high demand for marketing automation in recent years.
As organizations look to optimize spending in marketing, they are increasingly turning to marketing automation tools to help them streamline and measure their marketing efforts.
The marketing automation market is expected to register a CAGR of 12.5% over the forecast period and revenue is projected to increase from USD 4.62 Billion in 2021 to USD 13.32 Billion in 2030.