Subject: Friends of Arrows update (+5.2% to ~$1.62M ARR)
Hey everybody!
Happy new year—hope you had a nice holiday.
For this update, we wanted to give an overview of everything that happened in the world of Arrows in 2024.
Here’s how Arrows ended 2024…
- $1,620,970 ARR
- 2.1x ARR growth (1 year ago we were at $760k ARR)
- +$80k net new ARR in December (very solid given our previously difficult Decembers)
- +$142k new revenue in December (our best yet)
- 193 paying customers
- Solid new logos
- Selected as HubSpot’s global platform for customer onboarding in 2025 (including case study approval)
- New logos in Gorgias, Kit (ConvertKit), Circle, Acquisition.com, and others
- Created $3.71M in sales pipeline
- Average deal size of $9.62k in pipeline
- Average deal age of 32.4 days
- $998K in new revenue won
- $1,089,243 cash in the bank
- We had a cashflow positive month of $56k in December!
- We have $240k coming in March from our HubSpot deal
- 3 products
- Digital Sales Room + Onboarding Plans + Client Portals
- Powerful AI features launching here in January
- 10 full-time employees
- Big plans for 2025
Continue below to see more highlights from 2024.