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Front Series D Investor Deck

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Front Series D Investor Deck

  1. 1. Front MARCH 2022
  2. 2. Front in key numbers $M ARR TODAY % 2022 ARR GROWTH 130%+ NET RETENTION 2 to 6K+ TEAMS OF 2 TO 6000+ COLLABORATE IN FRONT 75% DAU/MAU $13B REVENUE OPPORTUNITY ON CORE USE CASES
  3. 3. Innovative, growing, next-gen companies use Front 
 to align teams, execute faster & deliver world-class service 8,000 CUSTOMERS, INCLUDING
  4. 4. A customer communication hub WHAT IS FRONT? LOOKS LIKE AN INBOX BUILT FOR COLLABORATION ALL MESSAGES ARE TRACKED, ACTIONABLE, AND ASSIGNED WORKS ACROSS ALL CHANNELS SURROUNDED BY USEFUL CONTEXT INSIGHTS, BOTH AGGREGATED & AT THE CONTACT LEVEL
  5. 5. A massive market opportunity We start in high-stakes inbound as first-mover TAM growing due to automation & commoditization
  6. 6. Pilot uses Front for collaboration between Account Managers & Subject Matter Experts, to respond quickly, accurately, and with a personal touch. 75% reduction in SLA breaches Shopify uses Front to enable customer success for their highest value merchants. No more missed or crossed communications, guaranteed timely and clear customer responses. Reduced back and forth communications by 10% Load1 use Front to tighten operations, never drop a customer request, and win more RFPs through faster response times. Load1 now produces customer quotes in 1 minute instead 8 minutes per quote Typical usage across our core use cases Professional Services B2B Success & Account Management Financial Services Lydia uses Front to prioritize customer relationships through fast and efficient responses. Reduce response time from 13 hours to 5 hours, with 70% of users receiving a reply in under 1 hour Logistics 6
  7. 7. A better product, at scale HOW WE WIN IN THIS MARKET TODAY: WE COMPETE AGAINST EMAIL & TICKETING FRONT BLOWS UP SILOS TO UNLOCK UNPARALLELED PRODUCTIVITY • Real-time collaboration • Powerful workflows (automation, escalation, human-in-the-loop) • Insights & analytics • Contextual data & integrations Email is ubiquitous but underpowered FRONT BRINGS: • Email compatibility (CC, FWD, attachments, invites, etc.) • Natural conversational experience • Familiar and intuitive user interface • Intra- AND cross-team collaboration Ticketing breeds narrow silos FRONT BRINGS: EMAIL
 (60% OF DEALS) TICKETING
 (40% OF DEALS)
  8. 8. FY22 Q1 FY22 Q2 FY22 Q3 FY22 Q4 GRR % Covered WORLD CLASS NET RETENTION COVERED GRR% & NRR% NNARR GREW 120% YOY LAST YEAR FY21 FY22 FY23 (plan) Enterprise Mid Market Small Business Emerging +120% NET NEW ARR BY SEGMENT Strong fundamentals keep getting stronger AVERAGE SEAT COUNT IN TOP 50 CUSTOMERS 0 Q2 2015 Q2 2016 Q2 2017 Q2 2018 Q2 2019 Q2 2020 Q2 2021 Q2 2022 DEPLOYMENTS ARE GETTING LARGER DAU/MAU RATIO PRODUCT GETTING STICKIER 2018 2019 2020 2021 FY22 Q1 FY22 Q2 FY22 Q3 FY22 Q4 NRR % Covered
  9. 9. An ambitious vision few companies can deliver 1. COMMUNICATION HUB FOR ALL CUSTOMER-FACING TEAMS 2. COMMUNICATION HUB FOR ALL KNOWLEDGE WORKERS 3. THE PLATFORM FOR COLLABORATION THAT CONNECTS TEAMS, APPS, OBJECTS Our mission: enable better relationships at scale ULTIMATELY, FRONT WILL BE THE COLLABORATION LAYER FOR ALL KNOWLEDGE WORKERS
  10. 10. INTENSE INTERNAL COMMITMENT EXEC TEAM W/ STRONG RECORD A HISTORY OF CAPITAL EFFICIENT GROWTH Built for the long run $Xm* spent for $Ym* ARR added LB HARVEY Chief Revenue Officer ASHLEY ALEXANDER Chief People Officer MOHAMMED ATTAR Chief Product Officer JENNY DECKER Chief Financial Officer *Actual value for X cash spent is lower than value of Y ARR added.
  11. 11. Thank you

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