SaaS Interviews with CEOs, Startups, Founders cover image

SaaS Interviews with CEOs, Startups, Founders

Fireside Chat with James Isilay of Cognism: Fundraising during the current economic climate

Dec 26, 2023
14:56
Snipd AI
Discussion on the importance of sharing successful experiences, company's organic MRR growth, acquiring a company, skill sets for revenue operations, payment structure for acquisitions, landing big deals, upgrading sales team, company's valuation, goal of going public, and challenges in hiring executives.
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Podcast summary created with Snipd AI

Quick takeaways

  • Cognizant's revenue growth has been driven by organic means, with its marketing engine playing a crucial role.
  • Cognizant's M&A strategy focuses on both organic growth and potential acquisitions to fill gaps in its offering and strengthen market position.

Deep dives

Key Point 1: Organic growth driving revenue increase

Cognizant, a SaaS company, has experienced significant growth in revenue, with a current monthly run rate of $52 million, up from $11 million in 2021 and $22 million in 2020. The growth has been primarily driven by organic means, with the company's marketing engine playing a crucial role. Additionally, Cognizant acquired a company called Casper, which contributed to the revenue boost by increasing its annual recurring revenue (ARR) from $1.5 million to around $5 million. The acquisition aimed to enhance Cognizant's skills in a PLG (product-led growth) approach and provide access to a broader market segment.

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