Floqer CEO says enterprise customers account for 85% of ARR
Shivam Mahajan reports more than 50 enterprise customers and says a planned open-source release could include Floqer’s database and workflows.
By Morgan Laning · Published
Why it matters
The breakdown identifies the enterprise customers behind most of Floqer’s reported recurring revenue. Its possible open-source release could give customers more control over the database and workflows, but the CEO has not committed to that release scope.
Floqer gets 85% of its annual recurring revenue from enterprise customers, CEO and co-founder Shivam Mahajan told RuntimeWire, providing a breakdown of the $1.2 million ARR figure the company previously gave TechCrunch. The figures are company-reported and have not been independently verified.
Mahajan said Floqer has more than 50 enterprise customers and hundreds of self-serve users. His reply does not establish how many of those self-serve users pay.…
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.