News
Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Lemlist reaches USD 26 million ARR
On 2024/10/20, ARR Club reported that US email outreach platform Lemlist had disclosed USD 26 million in annual recurring revenue. The bootstrapped company continued growing in email outreach and LinkedIn marketing tools.
Abnormal Security ARR at $200M
On 2024/8/7, CrunchBase reported that Abnormal Security, a US email security company, completed USD 250 million in Series D funding at a valuation of USD 5.1 billion. Annual recurring revenue exceeded USD 200 million, with annual growth remaining above 100%. The platform protects more than 2400 organizations, including multiple Fortune 500 companies.
lempire ARR at $26M
On 2024/8/1, SaaS Club reported that French SaaS company Lempire disclosed annual recurring revenue of USD 26 million. Founded by Guillaume Moubeche, its flagship product Lemlist provides email outreach and LinkedIn marketing, with approximately 30% month-over-month growth and a self-sustaining operating model.
Yingnuomaibo completes angel financing
On 2024-7-23, according to Xiniu Data, Yingnuomaibo completed angel financing, raising an undisclosed amount.
OpenAI reaches USD 3.4 billion annual revenue at USD 86 billion valuation, mainly from ChatGPT subscriptions and API fees, while facing heavy losses
On 2024/6/13, Maginative reported that US company OpenAI’s annual revenue had grown to USD 3.4 billion at a USD 86 billion valuation, mainly from ChatGPT subscriptions and API fees. Revenue doubled within half a year, with approximately USD 3.2 billion from subscriptions and APIs and approximately USD 200 million in annual revenue from its Microsoft Azure partnership. It still faced heavy losses.
Yingheyimai completes strategic financing
On 2024-5-15, according to Xiniu Data, Yingheyimai completed strategic financing, raising an undisclosed amount.
LINKER OmAI raises hundreds of millions of RMB in strategic financing
On 2024-2-28, according to Xiniu Data, LINKER OmAI completed strategic financing, raising hundreds of millions of RMB.
Beefree at $10M ARR
On 2024/1/8, X reported that Beefree, a US email design tool, disclosed annual recurring revenue exceeding USD 10 million. The platform provides visual email template editing with more than 1600 templates, more than 160 million monthly active users, coverage of over 150 countries, and integration into more than 600 SaaS applications.
Midjourney reaches USD 200 million in ARR
On 2023/12/13, ARR Club reported that Midjourney, a US AI image generation company, disclosed annual recurring revenue of USD 200 million. Using Discord as its main service channel, it reached this revenue scale without external investment while maintaining a lean team.
Stripo at $4.8M ARR
On 2023/11/23, X reported that Stripo, a US email template creation tool, disclosed annual recurring revenue of USD 4.8 million and monthly recurring revenue of approximately USD 400,000. The platform has 1 million users and has been used to create 18 million emails in total. Approximately 65% of its customers are Fortune 100 companies, and growth primarily comes from SEO acquisition.
Lemlist reaches USD 20 million ARR
On 2023/9/2, Lempire reported that US email outreach platform Lemlist had disclosed USD 20 million in annual recurring revenue. The bootstrapped company reached this scale from zero in just over five years without relying on outside funding.
TT Voice parent Quwan Group refiles its prospectus: revenue of 1.493 billion / 2.631 billion / CNY 3.402 billion in 2020–2022
Quwan Group's prospectus disclosed revenue of 1.493 billion, 2.631 billion, and 3.402 billion CNY respectively in 2020–2022. It returned to profitability in 2022 with CNY 509 million in net profit, with revenue mainly from TT Voice.
Hidreamai completes seed financing
On 2023-4-7, according to Xiniu Data, Hidreamai completed seed financing, raising an undisclosed amount.
Instantly reaches USD 15 million in ARR
On 2023/2/14, ARR Club reported that Instantly, a US cold email outreach platform, disclosed annual recurring revenue of USD 15 million. It grew from USD 2.4 million in ARR to this scale in just six months, supported by strong demand for cold email automation.
Chengmai Intelligence raises tens of millions of RMB in Series A financing
On 2023-2-6, according to Xiniu Data, Chengmai Intelligence completed Series A financing, raising tens of millions of RMB.
Early ChatGPT revenue claim remains unverified
ARR Club claims that ChatGPT reached USD 100 million in ARR in 2023/1, but no original disclosure has been found. ChatGPT Plus was not announced until 2023/2/1, so this claim is not included in verifiable revenue.
Brevo reaches USD 100 million ARR
On 2022/12/27, ARR Club reported that French email marketing platform Brevo had disclosed USD 100 million in annual recurring revenue. It provides email marketing and customer communications tools for small and medium-sized businesses, crossing the hundred-million-CNY ARR threshold after establishing itself in Europe.
Instantly reaches USD 2.4 million ARR
On 2022/9/6, ARR Club reported that US cold email outreach platform Instantly had disclosed USD 2.4 million in annual recurring revenue. It provides bulk email sending and warmed mailbox management for sales teams, generating revenue growth early on.
Enterprise asynchronous audio and video software Vizard raises tens of millions of CNY in Pre-A funding led by Chengwei Capital
Lanse Maidong (Vizard) raised tens of millions of CNY in Pre-A funding led by Chengwei Capital, with funds supporting product R&D and overseas market expansion.
Beigemaisi completes strategic financing
On 2022-6-23, according to Xiniu Data, Beigemaisi completed strategic financing, raising an undisclosed amount.
Lemlist reaches USD 250 thousand ARR
On 2019/6/24, Medium reported that US email outreach automation platform Lemlist had disclosed USD 250 thousand in annual recurring revenue. The company established a repeatable cold-email customer acquisition model early in its self-driven growth, demonstrating the paid conversion potential of specialized tools.