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When SaaStr Fund made the first investment in RevenueCat back in 2018, nobody could have predicted that this “simple API for managing in-app subscriptions” would become the infrastructure powering 33% of all mobile subscription apps and reach a $500M valuation in 2025. The SaaStr Fund Thesis: Mobile Subscriptions Will Explode.
million registered Discord users by March 2024, generating $300 million in revenue in 2024, up from $200 million in 2023. Anthropic went from 240 employees in 2023 to 1,035 by September 2024 – a 331% increase. Claude now has 18.9 Midjourney’s Creative Empire : From zero to 19.26 The kicker? But – they might be underselling it.
Million Paying Users ARPU increased substantially from 2020 to 2023, and is up modestly again in 2024. #3. File Sharing Moving More and More to Mobile, So Offering a Lower Cost Edition There This is also leading to some pressure on ARPU. #8. ARPU Continues to Slowly Increase Across 18.2 43% of Revenue Outside Of U.S.
– RevenueCat now powers 1/3d of all new mobile subscriptions world-wide – New Apps using RevenueCat doubled in last 6 months – Powering monetization for ChatGPT, Notion, VSCO, Runna, and pic.twitter.com/McFmCBZ0eE — Jason SaaStr.Ai Lemkin (@jasonlk) September 23, 2023 #3.
For example, if you want to increase your mobile app's downloads through Facebook Ads, your success metric could be 100 downloads in the first month. If you'd rather use a mobile device, a Facebook Ads Manager app is available for Apple and Android. These offer a way for Facebook to keep your audience in their app.
The data below come from 2019-2023, and we use a seasonal index to highlight each month’s or quarter’s sales against the year’s monthly or quarterly average (more on that below).
Claude, GPT-4, and the foundation model explosion happened through 2023. The 18-Month “Let’s See” Window Has Closed Let’s be brutally honest about the timeline here. ChatGPT launched in November 2022. That gave everyone roughly 18 months to figure it out. ElevenLabs rocketing to $100m+ ARR powering voice for AI leaders.
Salesforce boasts 150,000+ customers and $31.4billion in 2023 revenue , making it the worlds #1 CRM by market share (holding about 21.7% of the CRM market in 2023 more than the next four competitors combined). Full-featured mobile app with a simple UI, making it easy for reps to log calls, notes, and access information from anywhere.
AI is already everywhere: in 2024, 78% of organizations reported using AI ( up from 55% in 2023 ). For example, AI’s impact shows in healthcare – the FDA approved 223 AI-enabled medical devices in 2023 versus just 6 in 2015– and in transportation, with Waymo’s robotaxis driving hundreds of thousands of miles weekly. poured $109.1
Research shows that 64% of small businesses use accounting software and the market for accounting software solutions is projected to be worth $4.3billion by 2023. Quicken is more of a desktop platform, and you can’t get the full set of features on the mobile app. This means you need your laptop or desktop to fully utilize Quicken.
Mobile CRM access is another game-changer, allowing you to respond to opportunities no matter where you are. In March 2023, they increased weekly meetings per sales rep from 12 to 20 by refining their sales processes and CRM usage. Affiliate Program Earn cash commission on every referral! Take Cutter & Buck, for example.
On top of that, 69% of Americans online in 2023 said they used digital payment methods to make a purchase. Payment processing systems help merchants accept various types of payments, such as credit and debit cards, automated clearing house (ACH) , electronic funds transfers (EFTs), digital wallets, mobile payments, and even cryptocurrencies.
In 2023, 27% of all point-of-sale (POS) payments were made using credit cards while 23% were made with debit cards. Similarly, contactless payments like tap-to-pay cards and mobile wallets qualify for lower fees when processed securely. Working on managing costs related to interchange fees can be beneficial for every business.
Read more and get helpful links in this November 2023 post, Potential Apple App Store Policy Changes Due to EUs Digital Markets Act (DMA).) On March 18, the European Commission sent preliminary findings to Alphabet regarding Alphabets failure to comply with the Digital Markets Act (DMA). Whats the DMA?
GPT-4 and foundation models exploded through 2023. Add a mobile app, improve your UI, increase seat count. What FAF Actually Looks Like in the Wild Capital Concentration Goes Extreme : OpenAI’s $40B raise in 2025 is larger than the top fundraises from 2018, 2019, 2020, 2021, 2022, 2023, and 2024 combined.
TOTPs are widely adopted in two-factor/multi-factor authentication (2FA/MFA) processes, often delivered through mobile apps like Google Authenticator and Authy. Over time, advancements in cryptographic algorithms and widespread adoption of mobile devices shifted OTP generation to software-based methods.
Extensive Knowledge: Trained on vast data up to 2023, it provides factual answers and cites sources in Plus/Enterprise versions. It comes in versions like Claude 4 Sonnet (2024) and Claude 3 Opus (2023). The tool offers a free tier and is cross-platform (desktop, mobile). It’s available via browser or integrated into tools (e.g.
2023 that Google Play and Google Play Billing represent an illegal monopoly run by Google. Read our December 2023 press release here. Read FastSpring’s press release on the December 11, 2023 ruling in the case. Note: FastSpring provided support regarding alternative payment methods in the case.
in 2019 to $307.68M in 2023 by embedding AI into its platform. Duolingo saw a 45% revenue boost in 2023 after integrating GPT-4 to enhance user engagement. For startups : Building a new SaaS application that doesn’t have a clear AI integration strategy is like building a website without mobile responsiveness in 2015.
But there was something else going on also which was throw in the mobile smartphone. Because instead of having a small set of directories that you had to keep your information correct in, you now had to do it across this entire fragmenting set of mobile experiences. Pre-mobile device, pre everybody having a GPS in their car.
And then there was like the mobile movement, like everybody, everything’s going to have an app on your phone. Fast forward to, uh, to 2022, the beginning of 2023 and you have AI. And that was really. And people like what enterprise software is going to have apps. And now you see it rampantly. It’s so hard to do that.
WhatsApp Business reported having over 200 million monthly active users in June 2023. In a September 2023 interview, X CEO Linda Yaccarino shared that the company currently had 550 million MAUs, so we've gone with that value. million monthly active users in 2023. Mastodon ~1.7
According to a 2024 analysis , on average, over 95% of users who download a new mobile Android app abandon it within the first 30 days. This stark statistic underscores a simple truth: a solid mobile app engagement strategy is essential for your app’s success. Userpilot ‘s mobile app performance dashboard.
Mobile apps are evolving fast, but whats changing even faster is what users expect from them. In this post, we’ll take you through 10 mobile app development trends and the mobile app development changes shaping 2025. billion people were using 5G by the end of 2023, and that number is still climbing.
Everyone enjoys using mobile apps in their native language. In fact, 52% of users have abandoned a mobile app due to poor localization , and over 60% of B2B buyers say theyll choose a localized product over a more expensive one in a foreign language. Why invest in a mobile app localization strategy?
Mandatories Use Coca-Cola’s iconic brand assets in reinterpreted, remixable ways Must include #CokeFeelsLikeSummer in all activations Designed for mobile-first, creator-first sharing Reflect borough diversity —not just geography, but local style and voice Media plan must skew earned and social ; paid supports virality, not leads it 10.
Candidates short profile Artem has 9 years of experience in product management and product marketing, specializing in B2C web and mobile applications. Last 3 professional positions Senior Product Manager Bright Mobile Apps (20242024): Managed 10 language-learning apps with 900,000 MAUs across 50 locales.
So RevenueCat (where I was fortunate enough to be the first investor) now is the embedded mobile subscription API for 30,000 (!) mobile apps, across 290,000,000 subscribers and $6.7 70% of Mobile Subscription Apps Now Offer Free Trials, At Least in Part. 70% of Mobile Subscription Apps Now Offer Free Trials, At Least in Part.
If you were in AI, if you were in hospitality, if you were in parts of e-commerce, if you were in mobile … things mostly have been Pretty Normal. All of their time got sucked up in late 2022 and 2023 on dealing with the huge bets they’d made on unicorns that looked to be potentially going under. That pass is now ending.
SaaStr events couldn’t happen without our partners, and we wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2023. They can complete tasks, view status, send updates, make notes, and more —through the portal, email, or mobile app. appeared first on SaaStr.
SaaStr events couldn’t happen without our partners, and we wanted to give a special shout-out to some of our newest sponsors for SaaStr Annual 2023. They deliver fantastic design flexibility and a great user experience, combining granular control on design elements with handy features like editing content directly in mobile view.
In June 2023, we’re heading back to London for SaaStr Europa and we wanted to give a special shout-out to some of the companies that will be there with us! Deliver a better buyer experience by combining content, price quotes, e-sign, and sales transactions into a single, mobile-friendly webpage. Grab tickets here. .
These are the top 10 posts by engagement for 2023 at tomtunguz.com. The next five posts all mentioned major exits : Klaviyo, Loom, & the many take-privates in 2023. The Typical Startup Saw a 24% Increase in Sales Cycle in 2023. How Markets Value SaaS in 2023. Why Every Startup Needs an AI Strategy.
Between Facebook costs going way up, and being harder to target; Apple blocking more mobile access; and the continued escalation of AdWords prices in crowded category, it’s harder and harder to get ROI here. Real-world events should have a huge 2022 and 2023.
If you’re not sure how to sell an app direct to consumer (D2C) outside the app stores — or if you’re looking for a new way to monetize your mobile app or game — you may be wondering what options you have. However, because of ongoing court cases and the development of new laws and regulations, the mobile landscape is changing.
In 2023, there were approximately 26.3 million software developers worldwide. This vast pool of talent showcases a wide range of experience and portfolios, quality of work, and inquisitiveness. Given this diversity, it's important to be selective in the development services company with whom you choose to partner.
We did a recent Workshop Wednesday with the CEO of RevenueCat, which manages the mobile subscriptions for over 10,000 paying mobile apps — 30% of all U.S. mobile subscriptions. But 2023? That’s a lot of apps. It came roaring back.
There’s a lot to learn from our mobile-first comrades because it’s even harder over there than it is over here. Lesson #2: Conversion to Paid Is Fairly Low While Free Trial Offerings Are Way Up 70% of mobile subscription apps now offer free trials, at least in part. That’s up from 60% in 2023. Back to the consumer market.
We asked dozens of partners across the firm to spotlight one … The post Big Ideas in Tech for 2023: An a16z Omnibus appeared first on Andreessen Horowitz. This time of year, the floodgates open to a deluge of best-of lists and end-of-year recaps. But we at a16z have always been more interested in what’s to come.
The share of AI-enabled web searches approaches 50% of all consumer search as consumer behavior patterns evolve, especially on mobile. US VC investment falls from $275b in 2022 to $200b in 2023 & sustains at about $200-220b in 2024 as LP interest in venture attenuates after the euphoria in 2020 & 2021. Score : 0.5. Score : 0.5.
▶️ Radically more efficient, $600m+ adj operating income run-rate ▶️ 29% of biz from enterprise (Plus) — Jason ✨Be Kind✨ Lemkin (@jasonlk) October 10, 2023 5 Interesting Learnings: #1. 70% of Shopify Purchases are on Mobile. But it roared back Today: ▶️ Almost $7B run-rate ▶️ Growing a stunning 31% (!!) Software Important.
The Numbers That Matter: $10B+ Market Cap 180,000+ Customers 152% Net Dollar Retention (2023) 7x Growth in First 24 Months After IPO 1,000+ Employees Across 8 Global Offices What Did Zinman Do Differently? But Zinman saw something different – a chance to make work management visual, intuitive, and actually enjoyable to use.
With that in mind, here’s a look back at some big trends that made 2022 a wild year in search and the things that will make huge waves in 2023. Keyword optimization, mobile experience, and backlinks are all fundamental parts of SEO performance, but Core Web Vitals help describe the on-page experience. of mobile ones.
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