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$100m in revenue selling software to 27,000 Hotels?

Cloudbeds has grown to over 2.5 million beds across 27,000 paying customers as of November 2023, and they are now expanding into fintech. The company's revenue has increased by 75% annually over the past three years (2020-2023), reaching north of $50 million today (Nov 2023).

Cloudbeds aims to achieve $100 million in revenue in the next year (2024).The company's CEO, Adam Harris, discussed their journey from having $10 million in annual recurring revenue (ARR) to $50m+ today. Cloudbeds is focused on simplifying and digitalizing the hotel industry, offering an integrated platform for hotel management and operations, and they are also expanding into enabling direct guest transactions.
https://cloudbeds.com/

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Timestamps:
0:00 - Introduction
1:20 - Impact of Recent Market Trends on Cloud Beds
3:30 - Evolution of Cloud Beds since 2018
5:45 - Cloud Beds' Customer Base and Offerings
8:10 - The Role of Engineering at Cloud Beds
10:15 - Expansion of Fintech Services
12:30 - The Fintech Opportunity
14:45 - Revenue Model and Future Growth
17:20 - Targeted Advertising and Booking Engine
20:10 - Potential Expansion into Lending Services
22:30 - Sequencing Challenges in Market Expansion

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By the numbers.
See charts and graphs here: https://getlatka.com/companies/cloudbeds

$10 million of Revenue in 2018.
Over 2.5 million beds.
27,000 paying customers.
75% compound annual growth rate (CAGR) over the last three years.
North of $50 million of Revenue.
$100 million revenue goal for the next year.
757 employees.
$250 million raised in venture capital.
41 countries around the world.
Over 10 billion dollars in Gross Merchandise Volume (GMV) for reservations.
20% of the total GMV related to payment processing.
$100 billion of bookings by booking.com and Airbnb.
400 different partners in the marketplace.
9,000 customers in 2018.
22,000 customers in 2021.

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New Peugeot e-3008 2025 Review

New Peugeot e-3008 2025 Review.

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PEUGEOT E-3008 GRI TITANE
Price: 50,000.23 โ‚ฌ - 55,050.59 โ‚ฌ Total
Power: 210 HP - 250 Nm
Battery Capacity : 73 kWh - 400 V - Lithium-Ion NMC
Drive wheel: FWD
Range: 527 km - 656 km
Gearbox: 1, automatic transmission
Top Speed: 170 kmh
0-100 km/h: 8.8 sec
Turning Circle: 10.6 m
Weight: 2108 kg
Ground clearance: 19,8 cm
Fuel Consumption: 17.4 kWh
Charging: 160 kW DC - 22 kW optional
Drag Coefficient: Cx 0.28
Trunk Space: 520 l - 1.480 l
Front suspension: Independent type McPherson
Rear suspension: Independent multi-link suspension

DISCLAIMER: This video and description contain affiliate links, which means that if you click on one of the product links, we will receive a small commission.

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Who wears the Lederhosen in the relationship?


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We hit $100m in revenue: 9 Lessons I Learned the hard way

Jim Yu, Founder of BrightEdge, shares nine invaluable lessons from his journey scaling BrightEdge to $100 million in revenue. In this detailed session, Jim discusses the pivotal strategies, metrics, and growth dynamics that propelled BrightEdge from a promising startup to a leader in its industry.

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Timestamps:
0:00 - Introduction
1:21 - Overview of Lessons on Scaling to $100M
2:03 - Early Challenges and Initial Revenue Growth Strategies
3:57 - The Importance of Building a Strong Foundational Team
5:46 - Transition from a Small Team to a Structured Organization
7:55 - Understanding Market Segmentation and Organizational Adaptation
9:12 - Perfecting the Business Model Before Scaling
11:04 - Establishing Effective Business Cadences
12:31 - Strategic Leadership and Decision-Making Frameworks
14:22 - Leadership's Role in Sustained Business Growth
16:37 - Personal Motivation and the 'Why' Behind Long-Term Success
18:00 - Conclusion and Final Thoughts

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By the numbers.
See charts and graphs here:
https://getlatka.com/companies/brightedge

Founded in 2007.
$120m in revenue in 2024
$100m in revenue in 2023.
20% YOY.
491 employees.
600 customers.
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Want to get interviewed by Nathan? Apply here: https://getlatka.com/get-interviewed
Subscribe: https://www.youtube.com/c/NathanLatkawatch

Subscribe on Spotify:
https://open.spotify.com/show/3AA9buFn8oxJf8WSDOUks5?si=61d5913030b244a9

Subscribe on Apple Podcasts:
https://podcasts.apple.com/us/podcast/saas-interviews-with-ceos-startups-founders/id1023761733

Visit our Website:
https://www.getlatka.com
Twitter: https://twitter.com/LatkaData
Instagram: https://www.instagram.com/getlatka/

#latka #saas #data


Driving Tesla Model Y Standard Range - No Comment 4K HDR

Driving Tesla Model Y Standard Range - No Comment 4K HDR.

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DISCLAIMER: This video and description contain affiliate links, which means that if you click on one of the product links, we will receive a small commission.

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