Remove 2005 Remove AI Remove Payments
article thumbnail

PE Loves SaaS Again: Thoma Bravo Buys Olo for $2 Billion

SaaStr

Yesterday, Thoma Bravo announced they’re acquiring restaurant tech platform Olo (NYSE: OLO) for $2 billion in an all-cash deal. Quick Stats: Founded: 2005 (20-year-old company) 2024 Revenue: $285M (up 25% YoY from $228M in 2023) Q1 2025 Revenue: $80.7M (up 21% YoY), $323M annualized run rate Profitability: $1.8M

Payments 208
article thumbnail

Approaching Half a Million Customers: How to Win in SMB with BILL CEO and Founder René Lacerte

SaaStr

In 2006, BILL CEO and Founder René Lacerte set out to define a category around financial operations for small and midsize businesses (SMBs). At SaaStr’s AI Summit during the SaaStr Annual , René chatted with SaaStr CEO and founder Jason Lemkin about how BILL has reached half a million customers and $1.3B in revenue.

SMB 307
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navan Files for IPO: The Opening of B2B IPO Floodgates?

SaaStr

The Navan Story: From Pandemic Pivot to IPO Ready Founded in 2015 by Israeli entrepreneurs Ariel Cohen and Ilan Twig, Navan has evolved from a corporate travel booking platform into a comprehensive spend management powerhouse. When COVID-19 decimated business travel in 2020, Navan could have become another casualty.

B2B 189
article thumbnail

Merchant of Record for Mobile Games: What It Is and Why You Need One

FastSpring

Because of these developments, mobile game companies are investigating more options for monetizing their games than just the App Store or Play Store. So where do you start if you want to provide more global payment solutions to your player base while chipping away at the hefty 30% fees that mobile marketplaces charge?

article thumbnail

38 Bright Asian SaaS Stars

SaaStock

Their solutions span a wide range of verticals: from E-commerce, HR and Health to collaboration, infrastructure and AI. Ultrasite is a global website builder, Chinafy is a tool for making websites China-compatible, and Connect is their collaborative content management platform for brands. See our agenda and book tickets here.

article thumbnail

Software Transcends Borders—Why Not Money?

Andreessen Horowitz

This is especially true for global businesses, which grapple with multiple bank accounts in multiple currencies, opaque and expensive foreign exchange rates, unpredictable money transfers, weeks-long reconciliations, and more. Furthermore, many global software companies monetize with financial services. Today, U.K.

article thumbnail

4 Best Xsolla Competitors in 2024

FastSpring

Xsolla is a merchant of record (MoR) payment provider that serves the video game industry. The platform includes a broad feature set that provides game developers with the infrastructure needed to sell online and accept online payments globally, without having to manage localization, sales tax and VAT, or fraud prevention on their own.