3min chapter

SaaS Interviews with CEOs, Startups, Founders cover image

1751 SendBird Messaging SDK Sitting on $100m Cash, $20m in ARR

SaaS Interviews with CEOs, Startups, Founders

CHAPTER

How to Raise 100 Million Dollars on a Smaller Stack of ARR

Sendbird is a chat solution SDK API based approach instead of a JavaScript embed kind of intercom mic approach. The 100 million monthly active users across the 422 customers that are paying them anywhere between small amounts up to some customers more than a million per year, but average call it $30,000 ACV raised $120 million to continue to drive growth. Still sitting on most of the last round of $100 million in the bank right now, looking strategically at acquisitions in a time of financial panic.

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