Outlier

SaaS market struggling but pockets of resilience remain, finds new report from OpenView and Paddle

Retrieved on: 
Wednesday, November 8, 2023

Data from the SaaS Benchmarks Report shows that:

Key Points: 
  • Data from the SaaS Benchmarks Report shows that:
    Smaller SaaS providers have been hardest hit: the biggest fall in median YoY revenue growth recorded was for private companies with between $5-20m ARR.
  • OpenView and Paddle also identified four traits that nimble SaaS businesses - the 'Outliers' - are doing to remain resilient despite slowing demand:
    Using AI to generate revenue.
  • You can read the full results from the 2023 OpenView SaaS Benchmarks Report here: https://openviewpartners.com/2023-saas-benchmarks-report/
    This report is based on qualitative and quantitative research into the global SaaS market.
  • The report combines over 3,500 respondents' results aggregated across seven years of surveying private SaaS businesses on their finance and operating metrics.

SaaS market struggling but pockets of resilience remain, finds new report from OpenView and Paddle

Retrieved on: 
Wednesday, November 8, 2023

Data from the SaaS Benchmarks Report shows that:

Key Points: 
  • Data from the SaaS Benchmarks Report shows that:
    Smaller SaaS providers have been hardest hit: the biggest fall in median YoY revenue growth recorded was for private companies with between $5-20m ARR.
  • OpenView and Paddle also identified four traits that nimble SaaS businesses - the 'Outliers' - are doing to remain resilient despite slowing demand:
    Using AI to generate revenue.
  • You can read the full results from the 2023 OpenView SaaS Benchmarks Report here: https://openviewpartners.com/2023-saas-benchmarks-report/
    This report is based on qualitative and quantitative research into the global SaaS market.
  • The report combines over 3,500 respondents' results aggregated across seven years of surveying private SaaS businesses on their finance and operating metrics.

Outlier Patent Attorneys Uses Data to Deliver Superior Results for Intellectual Property Clients

Retrieved on: 
Monday, July 31, 2023

SAN ANTONIO, July 31, 2023 /PRNewswire/ -- San Antonio-based patent attorney Samar Shah has launched a boutique patent law firm, Outlier Patent Attorneys (formerly Shah IP Law), to serve the needs of startups and emerging companies that seek to patent their intellectual property (IP) technology and software. The firm consists of a team of experienced IP patent attorneys located in markets throughout the U.S.

Key Points: 
  • SAN ANTONIO, July 31, 2023 /PRNewswire/ -- San Antonio-based patent attorney Samar Shah has launched a boutique patent law firm, Outlier Patent Attorneys (formerly Shah IP Law), to serve the needs of startups and emerging companies that seek to patent their intellectual property (IP) technology and software.
  • In addition, Outlier IP's patent rejection rate is 1.7 versus the industry average of 4.2 times before final disposition.
  • Overall, Outlier clients save an average of $9,000 per patent application as a result of the firm's significantly lower patent rejection rate.
  • "At Outlier, we use business strategy and data analytics to advise our clients on which specific aspects of their intellectual property to focus on for seeking patents," said Outlier Patent Attorneys founder Samar Shah.

Vault Unveils State-of-the-Art Digital Platform in the Wealth Management Industry

Retrieved on: 
Monday, June 26, 2023

Abu Dhabi, United Arab Emirates--(Newsfile Corp. - June 26, 2023) - Vault, the UAE's pioneering digitally-enabled private wealth management platform, backed by global venture capital firm, Outliers VC, is set to revolutionize regional investment practices with its cutting-edge digital platform.

Key Points: 
  • Abu Dhabi, United Arab Emirates--(Newsfile Corp. - June 26, 2023) - Vault, the UAE's pioneering digitally-enabled private wealth management platform, backed by global venture capital firm, Outliers VC, is set to revolutionize regional investment practices with its cutting-edge digital platform.
  • Recognizing the prevalent challenges faced by clients, Vault aims to reshape the investment landscape in the UAE.
  • With a regulatory license from Abu Dhabi Global Markets, renowned for its stringent standards, Vault is committed to establishing lasting client relationships.
  • With a transparent approach that prioritizes clients' best interests, Vault provides bespoke advice and a diverse range of exclusive investment opportunities.

FARFETCH and Outlier Ventures Announce First Cohort for Dream Assembly Base Camp

Retrieved on: 
Friday, October 21, 2022

FARFETCH Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, and Outlier Ventures, the leading global Web3 accelerator and investor, today announced the first cohort of start-ups for the Dream Assembly Base Camp accelerator program.

Key Points: 
  • FARFETCH Limited (NYSE: FTCH), the leading global platform for the luxury fashion industry, and Outlier Ventures, the leading global Web3 accelerator and investor, today announced the first cohort of start-ups for the Dream Assembly Base Camp accelerator program.
  • FARFETCH and Outlier Ventures are pleased to announce the eight new companies that will take part in the program.
  • Carol Hilsum, Senior Director of Product Innovation, FARFETCH, said:
    We are thrilled to welcome the first group of start-ups to our inaugural Dream Assembly Base Camp program.
  • Partnering with their Dream Assembly accelerator, Outlier Ventures brings its unparalleled deep knowledge and network to support start-ups to design, build and launch industry defining solutions with FARFETCH and its vast list of clients.

SoundCommerce Acquires Outlier.ai Team; Appoints Retail Technology Veteran Steve Davis as CRO

Retrieved on: 
Tuesday, May 10, 2022

SEATTLE, May 10, 2022 /PRNewswire/ -- Retail data platform provider SoundCommerce announced today it has closed a transaction with Outlier.ai to retain key talent and leadership; expanding the company's sales, marketing, customer success and solutions engineering teams.

Key Points: 
  • SoundCommerce is an end-to-end retail data and intelligence platform that connects marketing, operations and merchandising to optimize order and shopper profitability.
  • Pursuant to the close, SoundCommerce appointed digital retailing veteran Steve Davis as Chief Revenue Officer (CRO).
  • "I'm excited to join SoundCommerce at a pivotal moment in the company's upward trajectory, as SoundCommerce leads the retail industry to profitable growth," said Davis.
  • SoundCommerce works with retail brands' existing technology stack to transform customer experience across marketing, merchandising, supply, fulfillment, delivery, and customer service.

Outlier.org Launches Intro to Business Course, Expanding Access to One of the Most Sought After Majors in the U.S.

Retrieved on: 
Wednesday, April 20, 2022

NEW YORK, April 20, 2022 /PRNewswire/ -- Outlier.org, an online education platform dedicated to increasing access to quality higher education and reducing student debt, has today announced the launch of its new Intro to Business course.

Key Points: 
  • Outlier.org's new Intro to Business course is designed to give students fundamental business skills and fluency, including an understanding of why business is about more than just making money.
  • Students will learn about modern business functions through cinematic video, real-world case studies, and active learning tools.
  • Dr. Mourey also provides students with interview tips, and guides to creating their own business plan.
  • Featuring asynchronous, cohort-based learning with dedicated support, Outlier.org's courses are designed to be flexible and engaging for working adults.

New Paddle Report Finds SaaS Growth Slowed in 2021, After a Record 2020

Retrieved on: 
Thursday, March 10, 2022

According to the Outliers report, however, revenue growth for SaaS businesses slowed in 2021 with the majority of companies managing only to maintain their newly-increased revenue, rather than building on the previous year's success.

Key Points: 
  • According to the Outliers report, however, revenue growth for SaaS businesses slowed in 2021 with the majority of companies managing only to maintain their newly-increased revenue, rather than building on the previous year's success.
  • Overall, the SaaS companies surveyed recorded an average revenue growth of 32% in 2021, a decline of 46% from the prior year.
  • Paddle conducted research across SaaS companies in 84 countries, including analysing data from thousands of Paddle customers and surveying 180 SaaS companies, to identify the key factors driving industry growth.
  • Backed by investors including FTV Capital, Kindred, Notion, and 83North, Paddle aims to define the next wave of B2B SaaS leaders.

New Paddle Report Finds SaaS Growth Slowed in 2021, After a Record 2020

Retrieved on: 
Thursday, March 10, 2022

LONDON, March 10, 2022 /PRNewswire/ -- Software-as-a-service (SaaS) companies saw their revenue growth slow by 46% in 2021 compared to 2020, according to a new study released today by Paddle, the provider of a complete payments infrastructure for SaaS companies. The result of qualitative and quantitative research into SaaS firms from 84 countries, Paddle's Outliers report charts the key factors driving the industry by leveraging data from thousands of companies. The study also highlights the characteristics of 'Outliers', the software companies that continued to thrive through the slowdown.

Key Points: 
  • According to the Outliers report, however, revenue growth for SaaS businesses slowed in 2021 with the majority of companies managing only to maintain their newly-increased revenue, rather than building on the previous year's success.
  • Overall, the SaaS companies surveyed recorded an average revenue growth of 32% in 2021, a decline of 46% from the prior year.
  • Paddle conducted research across SaaS companies in 84 countries, including analysing data from thousands of Paddle customers and surveying 180 SaaS companies, to identify the key factors driving industry growth.
  • Backed by investors including FTV Capital, Kindred, Notion, and 83North, Paddle aims to define the next wave of B2B SaaS leaders.

Avela Selected to the GSV Cup Top 20

Retrieved on: 
Friday, February 25, 2022

SAN FRANCISCO, Feb. 25, 2022 /PRNewswire/ -- Avela has been selected to The Top 20, the acclaimed list of finalists in The GSV Cup the world's largest pitch competition for EdTech startups.

Key Points: 
  • SAN FRANCISCO, Feb. 25, 2022 /PRNewswire/ -- Avela has been selected to The Top 20, the acclaimed list of finalists in The GSV Cup the world's largest pitch competition for EdTech startups.
  • Companies selected to The Top 20 represent the top pre-seed and seed stage startups in digital learning across the "Pre-K to Gray" space.
  • Avela was selected from an initial applicant pool of 750+ global companies, which was further narrowed to The Elite 200 semifinalists.
  • The GSV Cup is powered by Google Cloud, HubSpot for Startups, HolonIQ, and GSV Ventures.